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Chattel Mortgage

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Under a Chattel Mortgage you take ownership of the equipment (chattel) at the time of purchase and the financier uses the goods as security till last payment is made.

Sadly, too often small business is largely ignored by the business finance industry, simply because they don't fit the 'financial applicant norm'. This attitude turns small business away from applying for credit and therefore stunts potential growth in the long term.

If your business falls into the category of not fitting the norm, don't be deterred from getting the financial assistance you need. An independent Plant and Equipment Business Finance Consultant will do their best to help you.

Turn to the Equipment Finance Experts

Finding the right lender, the best finance structure, and putting together a complete Equipment Finance package requires knowledge and experience. Unfortunately, Finance Seekers naively believing anyone in the finance industry can put together an effective package for Plant and Equipment Business Finance.

You need plant and Equipment Finance specialists who have years of industry experience, and who can look at the bigger picture. They need to consider:

  • risk;
  • your cash-flow requirements;
  • your business structure;
  • related tax issues;
  • residual values, and more.

Dont fall into the trap of believing the same organization that specializes in your housing finance will know all of the industrys quirks and tricks when it comes to Equipment Finance.

Need More Information

If you would like more information on a Chattel Mortgage, one of our experienced consultants can chat to you today.

Call the team at Advance Car Loans now on 1300 798 873 or complete the friendly enquiry form and we'll get back to you shortly.

Enquiry Form

1300 554 553

Did you Know?

That you can do a Novated Lease for almost any vehicle. Used cars and private sale vehicles are OK to Novate.

© Advance Car Loans 2008

http://www.advancecarloans.com.au/equipment-finance/chattel-mortgage.html