Low Doc Commercial Asset Equipment and Vehicle Loans – No Financials Required Do you meet the following criteria? Minimum 24 months ABN & GST registration? Purchasing from an authorised supplier (LMCT), dealer, car broker or auction house (Laudiston, Pickles Auctions, etc.)? Asset is a maximum 4 years old? Vehicle/Equipment is less than 4.5 tonne? Cost is a maximum of $100,000?…
Chattel mortgage provides finance for companies, trusts and businesses to purchase goods that are used within the business; such as motor vehicles, trucks, earthmoving, industrial plant and professional equipment. The asset must be for business use more than 50% of the time. Tax Implications of Chattel Mortgage This product is a means of minimising capital expenditure for your business, allowing…
