A chattel mortgage offers an effective solution for your business to acquire a fantastic prestige car from Brisbane City Citroen. Your business is the owner of the vehicle and it is used as collateral against the mortgage. This allows us to offer very attractive terms and conditions. Depending if your business uses the vehicle solely for generating earnings, your business may be eligible for significant tax deductions.
No deposit finance can be obtained by approved customers; therefore you don’t need to access your business’s cashflow upfront. Your business can compliment the payment schedule of a chattel mortgage to its anticipated financial circumstances. For example, the repayments can be limited to the period over which you expect the vehicle to be with your business, and the payment amounts varied depending on cyclic earnings. You can even organise for a balloon payment when the mortgage concludes, which will lessen the repayment amounts over the entire term.
To find out more about how we can best tailor a chattel mortgage for your business,, call our business manager on (07) 3253 1400. We are always pleased to discuss our range of lending products. So don't hesitate to call Brisbane City Citroen today, or you can use the contact form on this website.
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