Chattel Mortgage is one of the most popular financing solutions businesses use to purchase assets. The way a chattel mortgage work is the lender lends you money to purchase the asset and the asset is used as security against the loan for the duration of the loan term.
Take Advantage of the Extended Tax Benefits for Your Business Through Chattel Mortgage
Speak to one of our lending experts at Lend House to assess your eligibility and find out your options. Whether you want to finance new vehicles or equipment for your business, we will provide Chattel Mortgage solutions that are suited to your circumstances and meet your business objectives.
Balloon Payment
The chattel loan works out better for some businesses, especially those who cannot pay as much now but expect business to improve during the lifetime of the loan. A balloon payment is a large one-off sum that you pay at the end of the loan term. This enables the business to pay less monthly repayments during the loan term to help with cash flow.
Why Chattel Mortgage
- Chattel mortgage allows you to own the asset from the start.
- Repayments of your chattel mortgage can be structured to suit the cash flow of your business.
- Tax benefits including the ability to claim depreciation of the assets as a tax deduction.
Chattel Mortgage Benefits through Lend House
- Industry expert in finding the best financing solution suited to your objectives
- Personalized service and support until hand over and thereafter
- Financing flexibility with our partnering banks
Chattel Mortgage Benefits through Lend House
- Industry expert in finding the best financing solution suited to your objectives.
- Personalized service and support until hand over and thereafter.
- Financing flexibility with our partnering banks.
Calculate Your Approximate Chattel Mortgage Repayment
Ready to Apply
We have a no obligation assessment policy which means there is no obligation for you to use our services after the assessment process. So when you’re ready, contact our team to find out your options.