Chattel Mortgage

If you’d like finance that enables you to have immediate ownership of your equipment, a Chattel Mortgage may be just what you’re looking for. 

You can finance up to 100% of the purchase price, and your payments can be structured to suit your cash flow. You’ll have a fixed interest rate, and you can choose whether or not to have a balloon payment at the end of the contract. There’s no GST* on your instalments, and depreciation and interest may be tax deductible.

Chattel Mortgage

100% Finance

Choose between paying a deposit to reduce the overall debt or ask us to finance 100% of the purchase price of the goods.



Charged on the reducing balance.



1 to 5 years terms available. 



A lump sum payment due at the end of the agreement. It helps to reduce instalment amounts during the loan.



Fixed principal and interest instalments.



Security is usually taken over the equipment that is financed. We might ask for additional security.


Establishment Fee

$350 (minimum)

Other fees and government charges associated with each Chattel Mortgage will vary depending on the state you are in, the vendor of the goods being purchased, the amount of finance involved, and any Federal government charges.

Please contact your Equipment Finance Specialist on 13 11 75 for more information.

Important Information

*This does not constitute tax advice and is for information purposes only.

Equipment Finance products are offered by Suncorp Metway Advances Corporation Pty Ltd ABN 89 100 845 127. The above information is for approved applicants only and subject to terms and conditions. For a copy of the terms and conditions please call 13 11 75.