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Affordable finance for better business cash flow.

A chattel mortgage lets companies and business professionals purchase goods such as motor vehicles or boats in a more cash-friendly way. You take ownership of the goods on delivery and your lender secures the loan by registering a charge over them.

The Benefits

Tax Deductible – Depreciation on the equipment and the interest component of the rental may be tax deductible if it is used to produce assessable income or the expense is for business purposes. Speak to your accountant for further information about the tax benefits.

Benefits for Employer –  A chattel mortgage can be arranged with no deposit or an amount that suits you.

Flexible Term – You can choose to pay over one to seven years.

Match your Cashflow – You can tailor the repayments to suit seasonal cashflow. You can also arrange to make a balloon payment at the end of the loan to reduce repayments throughout the term.

Product Features

  • Term 1 to 7 years

  • Loan Amount $5,000 and upwards

  • Repayment Frequency Fortnightly, Monthly, Annually or Structured.
  • ​Repayment Methods Direct debit or periodical payment from a nominated bank account, BPAY or cash/cheque deposits via a coupon booklet.

For more information, call us on 1300 558 877 or Chat Live with a friendly Naritas team member now.

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