Financial Alchemy Advisors
Chattel Mortgage
With a Chattel Mortgage, you own the vehicle from the start of the agreement.
Chattel Mortgage
With a Chattel Mortgage, you own the vehicle from the start of the agreement. The financier secures the loan by registering a charge over the vehicle.
Goods and Services Tax (GST)
Because you own the car from the start of the agreement, any accounting of GST is between the you and the supplier.
From a taxation perspective, you are treated as having acquired the vehicle directly from the supplier via a loan at the commencement of the agreement.
Key Benefits for You and Your Business
- Preserve your working capital – immediate access to cars without paying for them upfront.
- 100% finance is available for approved applicants. Fees, Government Charges, Insurance, Registration and On-Road costs can also be financed into the loan for approved applicants. You may wish to provide a deposit or be required to provide a deposit for finance approval.
- Easier cash flow management – payment terms can be matched to your income.
- Won’t tie up existing assets – the item being purchased is the only security for the finance.
- Tax benefits – interest and depreciation are potentially deductible.
- Balloon payments (a lump sum payment at the end of the contract that settles the debt) can be arranged for approved applicants. This enables you to pay a lower monthly instalment during the term of the agreement, and then pay a balloon at the end of the term.
- You own the asset at the start of the agreement.
Work With Us
With over 20 years of experience, we bring a deep understanding of the financial landscape. This expertise enables us to confidently navigate complex scenarios, delivering outstanding results tailored to your business and personal financial goal
Unbiased, Client-Focused Guidance
As independent advisors, we are not affiliated with any specific products or lenders. This independence empowers us to explore a wide range of options, ensuring we find the best solutions tailored to your needs and interests.
Tailored Financial Solutions
We recognise that every client’s goals and circumstances are unique. That’s why we craft strategies specifically designed to align with your financial objectives, delivering solutions as unique as you are.
Extensive Industry Experience
With 20 years of expertise, we possess a profound understanding of the financial landscape. This allows us to navigate complex scenarios with confidence, delivering exceptional outcomes for both business and personal financial goals.
Comprehensive Service Offering
From asset financing to wealth creation, our broad suite of services encompasses every aspect of financial growth. We offer end-to-end support, empowering you to navigate each stage of your financial journey with clarity and confidence.