Contact details
P: (07) 4951 1722
F: (07) 4951 4969
PO Box 2059, MACKAY Q 4740

Chattel Mortgage

This form of finance allows the business to take ownership of the equipment at the time of purchase. The financier takes a mortgage over the equipment as security, and advances the funds at time of purchase. Once the contract is complete, the ownership of the equipment is passed back to the business.