Ready to Apply for a Chattel Mortgage?
Complete the form below to fast track your application.
FINANCE CALCULATOR
Get a quick estimate so you know exactly what to expect before speaking with a specialist.
Loan Calculator
Estimate your repayments before speaking with an Equifund specialist.
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Enter the approximate amount you’d like to finance.
3%
18%
12 months
84 months
0%
60%
Percentage of the loan left owing as a final lump-sum (balloon / residual).
Estimated repayments
Monthly repayment
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Approx. weekly
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This calculator provides an estimate only and does not constitute an offer of finance. Actual repayments will depend on your profile, lender and product.
30-second check. No impact on your credit score.
Choose your industry
Choose the category that best describes your finance requirement.
Transport & Logistics
Farming & Agriculture
Construction & Earthmoving
Other
Submitting this form does not lock you into finance.
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$50M+ in equipment financed
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3x faster decisions than major banks
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Dedicated support to find the best solutions
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ASIC licensed & regulated
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Trucks
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Semi-Trailers & Trailers
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Refrigerated trucks
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Excavators & Loaders
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Cranes & Site Machinery
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Trailer Trucks
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Tractors & Harvesters
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Yellow Goods
Skid Steers & Access Equipment
Claim GST upfront
The full GST component of the purchase price can be claimed as an input tax credit on your next BAS return. On a $220,000 truck (inc GST), that is a $20,000 credit back in your pocket within weeks of purchase.
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Depreciation deductions
As the owner of the asset, you can claim depreciation as a tax deduction. Depending on the asset and your business structure, you may be eligible for accelerated depreciation or the instant asset write off.
Interest is tax deductible
The interest component of your chattel mortgage repayments is a tax deductible business expense, reducing your taxable income each financial year.
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Balloon payment flexibility
A chattel mortgage can include a balloon (residual) payment at the end of the term. This reduces your regular repayments during the loan, improving cash flow while the equipment earns revenue.
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Prime movers and rigid trucks
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Trailers and semi trailers
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Refrigerated transport vehicles
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Tippers and tautliners
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Light commercial vehicles
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Buses and coaches
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Excavators and loaders
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Dozers and graders
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Cranes and telehandlers
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Concrete pumps and mixers
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Compactors and rollers
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Site vehicles and equipment
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Tractors and harvesters
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Headers and balers
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Sprayers and seeders
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Irrigation equipment
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Livestock handling equipment
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Farm vehicles and utes
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Forklifts and warehouse equipment
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Manufacturing machinery
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Medical and dental equipment
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IT and technology equipment
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Printing and packaging machines
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Office and retail fitouts
HOW THE PROCESS WORKS
How to Get a Chattel Mortgage
A straightforward process that typically takes 2 to 5 business days from application to settlement.
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Complete the Form
In 60 Seconds
Provide us with some basic information about your business and financing requirements via our secure website.
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Speak With an
Industry Specialist
Your brokers assess your requirements and guide you through gathering the right documents to secure approval quickly.
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Get Pre-Approved
Over the Phone
Receive a clear pre-approval with transparent terms and repayment options that suit your cash flow.
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Financing
Secured
Your finance broker will work with you to source the best funding offers available and guide your application to success.
Barinder Singh
Transport Operator
Non-property owner
No deposit
24hr turnaround
2025 Tipper Trailer
Transport
$150,000
Barinder needed a new tipper trailer to keep up with growing contract work but didn’t own property and didn’t have a deposit available. Traditional lenders declined the deal based on security requirements.
We structured the finance around the strength of the business income and the asset itself, delivering approval and settlement within 24 hours so the trailer could be put straight to work.
Neil Johnson
Earthmoving Contractor
Low Doc
24hr approval
2005 CAT Excavator
Contractor
$60,000
Neil was purchasing a used excavator to support ongoing civil jobs but needed a simple low-doc solution without extensive financials slowing the process down.
We secured approval within 24 hours using a streamlined low-doc structure , allowing him to secure the machine before another buyer stepped in
Bradley Moore
Owner-Driver
Private sale
Low Doc
24hr approval
2019 Scania Truck
Contractor
$100,000
Bradley found the right truck through a private seller and needed fast finance to avoid losing the deal. The transaction structure made traditional lenders hesitant.
We arranged a low-doc facility tailored to a private sale purchase and delivered approval inside 24 hours, enabling Bradley to secure the vehicle and get back on the road generating income.
Barinder Singh
Transport Operator
Non-property owner
No deposit
24hr turnaround
2025 Tipper Trailer
Transport
$150,000
Barinder needed a new tipper trailer to keep up with growing contract work but didn’t own property and didn’t have a deposit available. Traditional lenders declined the deal based on security requirements.
We structured the finance around the strength of the business income and the asset itself, delivering approval and settlement within 24 hours so the trailer could be put straight to work.
Neil Johnson
Earthmoving Contractor
Low Doc
24hr approval
2005 CAT Excavator
Contractor
$60,000
Neil was purchasing a used excavator to support ongoing civil jobs but needed a simple low-doc solution without extensive financials slowing the process down.
We secured approval within 24 hours using a streamlined low-doc structure , allowing him to secure the machine before another buyer stepped in
Bradley Moore
Owner-Driver
Private sale
Low Doc
24hr approval
2019 Scania Truck
Contractor
$100,000
Bradley found the right truck through a private seller and needed fast finance to avoid losing the deal. The transaction structure made traditional lenders hesitant.
We arranged a low-doc facility tailored to a private sale purchase and delivered approval inside 24 hours, enabling Bradley to secure the vehicle and get back on the road generating income.
Not Every Business Fits a Bank Template
Major banks often apply rigid policies that do not reflect how transport, construction or agricultural businesses actually operate.
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Asset value & condition
We consider the value, age, and condition of your asset, not just your credit history.
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Business use
Finance solutions tailored to how your equipment supports daily business operations.
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Deposit position
Low-deposit and zero-deposit options available for eligible applicants.
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Repayment capacity
Repayment plans structured around your cash flow and business revenue.
Check Your Eligibility
30-second check. No impact on your credit score.
Quick quotes, fast approvals
What is the difference between a chattel mortgage and a car loan?
A chattel mortgage is specifically for business use equipment and vehicles. Unlike a consumer car loan, it allows you to
Can I get a chattel mortgage on a used vehicle or equipment?
Yes. Chattel mortgages are available for both new and used equipment. The rate and term may differ based on the asset's
What is a balloon payment on a chattel mortgage?
A balloon (residual) is a lump sum payable at the end of the loan term. It reduces your regular repayments during the te
Do I need to be registered for GST?
You do not need to be GST registered to get a chattel mortgage, but the GST upfront claim benefit only applies if you ar
What deposit do I need for a chattel mortgage?
Many lenders offer zero deposit chattel mortgages for qualifying applicants. A deposit can reduce your rate and repaymen
How long is a typical chattel mortgage term?
Terms range from 1 to 7 years depending on the asset type and age. New equipment from major brands typically qualifies f
Still Have a Question?
If you can’t find the answer you’re looking for, give us a call and our team will be happy to help straight away.
1300 464 805