The most common business asset finance structure — and usually the most tax-effective.
A chattel mortgage is a secured business loan where the asset (truck, trailer, equipment) is mortgaged to the lender. Title rests with the borrower from day one — the asset appears on your books, you claim depreciation, and you can claim the GST on the purchase price at the next BAS.
Compared to a lease or hire purchase, a chattel mortgage gives you ownership and full deductibility of interest and depreciation. The trade-off is that the asset shows as a liability on the balance sheet — though most operators view this as a feature, not a bug.
Chattel mortgages are appropriate for businesses with an ABN registered for GST, planning to use the asset more than 50% for business purposes. AYIO Financial submits chattel mortgage enquiries to specialists who structure the deal around your cashflow and tax position.
5-minute enquiry — we'll refer your details to a licensed credit specialist for review.
We hold Australian Credit Licence 570670 and provide credit assistance. We are not a credit provider ourselves — we arrange finance from a panel of accredited Australian lenders. Any credit contract is between you and the lender.
No fee for the enquiry. Some lenders charge an establishment fee on the loan itself if it proceeds — that's disclosed up-front before you sign anything.
Initial response within 48 hours. Final approval depends on the supporting documents and lender — typically 2-5 business days.