FleetChoice has a wide array of finance options for companies, trusts, partnerships and of course sole traders. The most common business vehicle finance in today's market is a chattel mortgage. Subject to financier approval, a chattel mortgage can be structured on terms from 1-5 years, with or without deposit and with or without residual.
Where you are registered for GST and use the vehicle for business purposes, you may be able to claim a GST input tax credit on the vehicle purchase. By opting for a chattel mortgage, you become the owner of the asset while the financier secures a charge (or "mortgage") over the asset.
We arrange chattel mortgages through a vast panel of Australian lenders. Call us on 1300 34 33 88 to learn more or obtain a quote tailored to your circumstances.