Commercial Car Loans Made Easy

A chattel mortgage is a business-friendly way to finance a vehicle without paying the full amount upfront. Your business takes ownership of the vehicle immediately, while the lender registers a mortgage over it as loan security.

Repayments are structured over a fixed term, offering cash flow flexibility and potential tax benefits for eligible businesses.

This type of loan is popular for companies looking to:

• Preserve working capital

• Access GST/tax deductions (where eligible)

• Choose their own repayment terms or balloon options

If your business needs a smart, efficient way to fund vehicles or equipment, a chattel mortgage may be the right fit.

Benefits of a Chattel Mortgage
Smart Financing for Business Vehicles

A chattel mortgage is a common form of asset finance used by businesses to purchase vehicles and equipment without needing to pay the full cost upfront. Instead, your business makes structured payments over a fixed term.

With a chattel mortgage:

• You own the vehicle from day one

• The lender registers a mortgage as security

• At the end of the loan, the vehicle is fully yours (after any residual is paid)

Key Benefits:

• Tax advantages – Potential deductions for depreciation and interest, subject to ATO rules

• Flexible terms – Choose contract lengths and balloon/residual structures to match cash flow

• No deposit options – Some businesses may qualify for full-finance solutions

• Business growth support – Free up capital for other investments

Questions to Consider:

• Does the vehicle need to be used 100% for business purposes?

• What term and structure suit your cash flow best?

• Will a balloon payment help lower monthly costs?

• What are your GST obligations and benefits?

• How much can your business sustainably borrow?

If you’re seeking a practical way to finance a commercial vehicle or asset, a chattel mortgage could be the right tool.