Business Chattel Mortgage | Car Loans Finance | Australia
A Chattel Mortgage is a flexible finance option for many businesses.
Under a Chattel Mortgage, a financier advances you the funds to buy a vehicle for business purposes, you take ownership of the vehicle upon purchase.
The financier then takes security over the vehicle which is released upon completion of the contract once all outstanding payments including any balloon or residual amounts are paid.
Speak to the team at Approved Car Loans today for further information and to find out if a Chattel Mortgage is the right type of business finance option for your next business vehicle.
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