Chattel Mortgage
Flexible Business Vehicle & Equipment Financing
A Chattel Mortgage is a smart and tax-effective finance solution for Australian businesses looking to purchase vehicles, machinery, or equipment. This type of secured business loan allows you to own the asset from day one while IFG registers a mortgage over it as security. Here is how a chattel mortgage works:
1
Choose Your Asset
Select the vehicle, equipment, or machinery your business needs.
2
Finance with IFG
We provide the loan amount while securing the asset as collateral.
3
Flexible Payment Options
Reduce repayments with an initial deposit or trade-in.
4
Own the Asset
At the end of the loan term, the mortgage is removed, giving you clear ownership.
A Chattel Mortgage offers several benefits for Australian businesses looking to finance vehicles or equipment. With immediate ownership, the asset is registered in your name from the start of the agreement, providing full control. Businesses may also enjoy tax benefits, including potential GST and depreciation deductions for eligible purchases. Flexible loan terms allow for tailored repayment options that align with your cash flow, while balloon payment options help reduce monthly repayments by deferring a lump sum to the end of the term. Additionally, with no ongoing fees, a Chattel Mortgage remains a straightforward and cost-effective business finance solution.
Who Can Benefit from a Chattel Mortgage?
- Businesses purchasing company vehicles or fleets
- Sole traders and ABN holders looking for tax-effective financing
- Companies investing in machinery or equipment to scale operation
- Business owners seeking a cost-effective alternative to leasing
Secure Your Chattel Mortgage with IFG
At IFG, we specialize in business vehicle and equipment finance, offering competitive rates and fast approvals. Our expert team is here to help you secure the right loan solution with flexible terms that work for your business.
Contact us today for a no-obligation consultation and find out how a Chattel Mortgage can benefit your business.