Finance Options

  • PDF
A chattel mortgage is a facility used for business purposes, where you use an asset that you own or are acquiring in your name as a security for the loan until the contract is paid in full. The goods are assured to be fully paid at settlement; hence a GST claim can be made in full with the next BAS statement. The owner can claim the interest component of the loan and depreciation on the asset provided it is used to generate taxable income.


At Vehicle & Equipment Finance we have affiliations with a range of mortgage finance specialists from which we can refer our clients to. These specialists will discuss and advise the premium services available to you, and discuss fixed and variable rate options, interest only facilities and structured ‘honeymoon’ periods.


We are able to arrange personal loans for a large range of reasons including private motor vehicles, boats and caravans, as well as holidays, renovations and the purchase of furniture.


A lease agreement can be an effective way for a company to acquire assets for business use. Lease rentals are calculated for an agreed time frame with the rentals normally being tax deductable. Agreements are flexible and payments can be calculated monthly or quarterly, half yearly or annually. At the end of the term, a residual value is paid (predetermined at the commencement of the lease) to acquire the goods from the financier. This way your rentals can be structured to meet your cash flow requirements.


An operating lease is a type of lease in which the financier retains ownership of the asset. Under an operating lease there is no predetermined residual value to pay, however a client may choose:

• to hand back the equipment and upgrade

• to hand back the equipment

• to continue to lease/rent the equipment

• to make an offer to purchase the equipment at fair market value


Under a novated lease, an employee leases a motor vehicle from the financier using a normal lease agreement. A novation agreement is entered into between the employee and the financier, under which the employee’s obligation to pay the rental is transferred to the employer for the term of the agreement or until employment ceases. Therefore the employer pays the lease rentals direct to the financier.

The car remains with the employee should he leave the employer and a new novated agreement can be entered into with a new employer.

There may be tax advantages to all parties under a novated lease agreement.


We have access to lenders who will finance items at a cost as low as $5,000.00.

Conditions and price vary from lender to lender, but options do include not having to provide financial statements for transactions up to $25,000.00.


Annual insurance premiums exceeding $10,000.00 can be funded over six, nine or twelve monthly payments, which can assist with your cash flow requirements.


Invoice discounting or factoring is a realistic alternative to an overdraft and it is flexible enough to grow with your business. This facility may be worth considering if your bank is unwilling to increase your facility in line with your business cash flow requirements.

You are here: What We Do Finance Options