 CHATTEL MORTGAGE
A Chattel Mortgage is a loan facility. You own the asset, but the financier takes security over the asset until the contract is paid in full. A Chattel Mortgage allows you to optimise your cash flow while minimising the impact of GST, which is not payable on individual repayments, as is the case with finance leasing.
If your business is registered for GST, you will be able to claim the GST portion of the purchase as an input tax credit immediately.
Alternatively, you have the ability to fund the GST portion of the invoice price as part of the loan amount and have the facility structured to allow you to claim the input tax credit when your next BAS return is lodged with the ATO.
Benefits include:
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Accounting
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Budgeting/Interest rates
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GST
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Ownership | 
