Australia's most popular business finance structure. You own the asset from day one, claim depreciation and interest as tax deductions, and pay the lender off over an agreed term.
All fields required, a Ventas partner will be in touch.
The lenders who want rural book aren't always the ones with the loudest marketing. We know who they are, what they need, and how to present a Nhill deal to get it across the line.
Not tied to one location? Start with our national chattel mortgage guide for rates, structures and lender requirements.
Seasonal cashflow shapes everything for agricultural businesses. Repayment structures that align with harvest cycles make a real difference.
We deal directly with lenders, no aggregators, no extra margin. Every application goes to the lenders most likely to approve it at the best rate for your deal.
A chattel mortgage is a business loan secured by the asset you are buying. You own the asset from day one and it sits on your balance sheet; the lender registers a security interest over it and releases that interest once the loan is paid out. It is the most common way Australian businesses fund vehicles and equipment.
The mechanics are simple. Fixed interest rate, fixed monthly repayments, terms typically two to seven years. You can add a balloon (a lump sum left to the end of the term) to bring the monthly repayment down, and you can finance the full invoice or put in a deposit. Both new and used assets qualify.
On rate, the single biggest lever is security. As a working rule, borrowers who can offer property backing see roughly 6% to 9% p.a., while non-property-backed deals generally price at 9% to 13% p.a. The asset type matters less than most people expect; the security position is what the lender prices.
How does it compare to a lease or commercial hire purchase? The practical difference is who holds title during the term: under a chattel mortgage it is you, under a hire purchase it is the lender until the final payment. Repayments usually land in a similar range. The accounting and GST treatment differs between the structures, and that choice is one for your accountant.
Ventas arranges chattel mortgages for Nhill businesses across a panel of lenders, with approvals typically inside 24 to 48 hours. Tell us the asset and the numbers in the form above and we will come back with the sharpest structure available for your deal.
Nhill businesses use chattel mortgage to fund all kinds of assets. Below are the most common, if yours isn't listed, get in touch. We've probably funded it before.
Fill in the form above and a Ventas partner will come back to you directly. We'll understand your deal, go to our lender panel, and come back with the best available option. If you proceed, we handle everything through to settlement, no cost to you. We're paid by the lender when your loan settles.
Chattel Mortgage in Nhill doesn't need to be complicated. Most of our Nhill clients have an approval in 48 hours and settle within the week.