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Chattel Mortgage / Hire Purchase

Supplier: ProLENDING

Chattel Mortgage and Hire Purchase (also known as Asset Purchase) are usually preferred by individuals and private companies who like to ultimately own their equipment.

Price Guide: POA

These facilities are often cash flow efficient, as a GST input credit is still available even though the asset has not been fully paid for.

Various structures are available over terms of up to 5 years for motor vehicles and up to 7 years for certain equipment/chattels.