Get Lowest, Best Rates on Versatile Chattel Mortgage Finance

With our extensive lender contacts, we have developed a reputation for the best rates. The rates offered can vary with the particulars of an application and for the assets being funded.

To start your planning and budgeting process use our latest rates and contact us for our low rate quote, sourced to meet your specifications.

Converting displayed interest rates into monthly repayments estimates does not require any specific mathematical expertise. Simply use our computation device to instantly obtain estimates on your asset funding requirements. In addition to obtaining repayment estimates, the device can be used to plan preferences in regard to balloon and terms and to make decisions on whether or not to opt for no deposit funding.

For clarification on your exact repayments, request a quote online or by phone.

• Calculate estimate repayments instantly.
• Establish preferences with balloon, terms.
• Make decisions on no deposit funding.
• Compare makes and models.

This versatile credit facility can suit all types of entities that hold an ABN. GST registration is not a criteria for eligibility. Even the newest and smallest enterprises may apply for funding. As specialists in commercial funding we provide options for entities without financials.

• Sole trader, self-employed, owner-operators.
• New operators, start-up ventures.
• SMEs, partnerships, family enterprises.
• Corporations, large and medium companies.
• No Doc and Low Doc available.

Discuss your requirements with us today to get started.

Tax deductibility is available on all commercial credit facilities. With this secured format, the asset is posted into the balance sheet and subject to depreciation. The amount of the annual depreciation value is subject to the ATO rulings. With depreciation the main tax deduction, only the interest part of monthly repayments is deductible.

The GST value which applies to the purchase price can be claimed immediately – on the next corresponding BAS return. With all GST accounted for, there is no GST applied to the repayments.

• Tax deduction through asset depreciation.
• GST on asset purchase claimable in full on corresponding BAS return.
• Tax deductible interest charges.

Let’s explore how the tax deductions can work for you. Contact us.

Deciding if this is the right credit facility for your acquisition requires consideration of a number of factors and we recommend a discussion with an accountant. Considering the upsides and downsides as well as suitability to achieving the objectives of the operation can assist the decision-making process.

• Accounting method suitability suits cash accounting which is used by many Australian entities. For those using the accrual methods other credit facilities need to be considered.
• Lowest interest rate when compared with Leasing and Rent-to-Own.
• Simplified structure as a secured credit facility. Additional collateral usually not required. Freeing up the enterprise’s assets.
• Balance sheet impacts ownership of the asset, and means the asset is on the books. Some entities may prefer not to have the liability of a sizeable asset on the balance sheet.
• Flexible balloon which allows applicants to structure their funding to targeted repayments. A downside of a balloon is that it is due for full payment after the final monthly payment. Balloons can be refinanced, but the asset would be treated as second hand when refinanced. When deciding on the percentage at the outset, buyers should be mindful of the balloon amount being in line with projected value of the goods at the time the payment is due.
• Tax deductions via depreciation which may be perceived as more complicated than Leasing and Rent-to-Own that feature deductible repayments.
• All the GST is claimable at the time of the asset purchase. This may provide enterprises with a significant deduction on the BAS return for the relevant period.
• Versatile credit facility which can be used for wide range of commercial assets purchased by enterprises in all industries: vehicles, trucks, equipment, motor vehicles, commercial vessels.

Want to confirm if a Chattel Mortgage would be best for you? Call a broker at Jade to ask your questions.

The popularity of this credit facility means that it is a highly competitive area of commercial lending. We assist operators to find the best rates and the most workable solutions from across our extensive lender base. Our lenders include the main and other banks as well as non-bank lenders, many of whom specialise in key industries. This vast base provides our brokers with a large field to match the right lender with each customer profile and achieve the lowest rates.

Our brokers are highly skilled and negotiate hard with their industry-level lender contacts to achieve the most workable rates and credit conditions. We stay across the commercial taxation situation to ensure we can structure each outcome for tax optimisation.

All stages of the lending process are handled by one of our specialised brokers – from the first contact through to settlement. For a streamlined way to source your asset funding, connect with us online or phone.

• 80+ lenders in a highly competitive sector.
• Australian-owned and based, Australia-wide services.
• Individually handled arrangements.
• 25+ years of Australian commercial lending experience.
• Tax optimised commercial lending outcomes.

Applying is easy, simply submit your details via our online forms or call and speak with one of our brokers. Many lending applications can be approved within 24 hours to ensure prompt settlement and fast delivery of new assets for your operation.

• Quick secured funding quotes.
• Fast 24 hour application approvals.
• Prompt settlement – faster asset delivery.

Get started with the quick and simple process.