Taking care of Business. A chattel mortgage is the same product as a secured car loan only for assets that are purchased primarily for business use. Typically you will be Self Employed as a Sole Trader, Company, Trust or even working on wages but needing to purchase a work vehicle as part of your job requirements.
What is a Car Lease? The lender will purchase the vehicle on your behalf, and then lease it back to you. With similar structure to that of a chattel mortgage but with different GST implications and claim backs on your Tax Return. Give us a call today to have a chat about why leasing may or may not be the right option for you.
As easy as it sounds? You betcha. If you are self-employed and looking for a quick and easy way to purchase that asset we have you covered. They require minimal documentation for the right customer and with the help of our Finance Specialists you could be picking up that new car or machinery in as little as 2-3 business days.