Commercial Hire Purchase (CHP) is a commercial or business finance facility that allows you to retain ownership of the vehicle at the end of the contract, with or without a flexible balloon payment.

Leasing is a tax based product that allows you to finance your vehicle without capital outlay. Available to companies, self-employed and individuals.

A Novated Lease offers a convenient finance arrangement to individuals who are paid a car allowance as part of their salary package, or ‘Salary Sacrifice’.

Chattel Mortgage is a sensible approach for any business or individual that needs to either upgrade or acquire a new or used Vehicle. This is a fixed loan that provides for the purchase of a Vehicle in exchange for a series of payments. The Vehicle is used for security.

Flexibility is the main feature of a Chattel Mortgage. You can elect to finance the total purchase price, use a deposit or trade-in and/or include a final lump sum balloon payment to reduce the loan repayments. You can even use your GST refund to put towards paying off the loan, therefore reducing the amount financed, monthly repayment and the total interest payable over the term of the loan.

By choosing a Chattel Mortgage, you become the owner of the Vehicle whilst the financier secures a charge over it. As the vehicle owner, you may claim a tax deduction for the depreciation of the vehicle as well as the interest component of the loan repayments.