Chattel Mortgage

Vehicle finance leading Perth business to success

Companies or Individuals using a vehicle primarily for business purposes can purchase a vehicle using a Chattel Mortgage.

Chattel Mortgages usually run over 1 to 5 years and can require no deposit, although you may choose to make a lump sum deposit at the start of the agreement, or even a vehicle trade-in, to reduce the monthly repayments.

You also have the option of a balloon lump sum payment at the end of the agreement - to reduce monthly payments or to cater for when you will sell the vehicle at the end of the term.

What are the benefits of using Chattel Mortgage to finance your car?

• No deposit required, freeing your cash flow
• Option for a balloon payment at end of agreement to reduce monthly repayments
• Option for deposit at the beginning of the agreement to reduce monthly repayments
• Recoup you GST on the first BAS
• Flexible payment terms

Chattel Mortgages are only one of the many types of business vehicle finance offered by Lifespan Mortgage Services including Consumer Car Finance, Hire Purchase, Finance Lease and Novated Lease.

Speak to one of our qualified mortgage brokers by filling out the online form or phoning 08 9317 1900
.