Chattel Mortgage There are a number of Business and tax benefits of a Chattel Mortgage. A Chattel Mortgage is often suitable for businesses who account for GST on a cash basis:   Chattel Mortgages can provide cash flow benefits:

• The business can claim back the full GST paid on an asset in their next BAS statement
• The amount claimed back can be put towards repaying the loan, thus reducung the loan period and the total payment
• The amount claimed back may be retained to assist immediate cash flow
• A Chattel Mortgage can offer great flexibility in the amount you may have as a residual
• You can tailor your repayments to suit your budget.

Find further details of Chattel Mortgages.