A Chattel Mortgage is a type of finance used when a business is purchasing vehicles and other business equipment. You can finance up to 100% of the purchase price and your payments can be structured to suit your cash flow.
Benefits of a Chattel Mortgage
- Possible tax deductions (please speak to your accountant to see how it may apply to you)
- 100% finance – Keep your business cash flow
- Flexible terms 1-5 years
- Residual/Balloon payments
- Deposit – (cash or trade-in may be used)
- Low doc options
- Fixed interest rates
Why choose Veracity Financial for a Chattel Mortgage?
- Fast Approvals
- Pre-Approval available so you can shop with confidence
- Low Rates
- Private or Dealership Sales
- Access to Multiple Lenders
- No Deposit
- Weekly, fortnightly, monthly repayments or tailored to suit you
- No Obligation Quote