Chattel Mortgage for Business Vehicles & Equipment

Chattel Mortgage Sydney — Business Asset Finance

A chattel mortgage in Sydney is the most tax-effective way for businesses to finance vehicles and equipment. SB Finance specialises in chattel mortgage solutions across the Hills District and Greater Sydney, with access to 40+ lenders offering competitive rates and flexible terms.

What is a Chattel Mortgage?

A chattel mortgage is a commercial finance product where a lender advances funds to purchase a vehicle or piece of equipment, and takes a mortgage (security interest) over that asset. Unlike a personal car loan, a chattel mortgage is designed for business use and offers significant tax advantages.

Chattel Mortgage Tax Benefits in Sydney

The key reason Sydney businesses choose chattel mortgage over other finance products is the tax treatment:

• GST input tax credit — claim the GST component of the purchase upfront on your BAS
• Depreciation — claim depreciation on the asset each financial year
• Interest deductions — deduct chattel mortgage interest as a business expense
• Instant asset write-off — may be eligible for accelerated depreciation under ATO schemes

Chattel Mortgage Rates in Sydney (2026)

Current indicative chattel mortgage rates as of June 2026:

• New vehicle chattel mortgage: from 6.49% p.a.
• Used vehicle chattel mortgage: from 7.49% p.a.
• Low-doc chattel mortgage (ABN/self-employed): from 8.99% p.a.

Who is Chattel Mortgage Suitable For?

A chattel mortgage is the right choice if:

• You are registered for GST
• The vehicle or asset will be used primarily for business purposes (51%+)
• You want to claim the tax benefits available for business assets
• You want to own the asset outright at the end of the term

Chattel Mortgage vs Car Loan — Which is Right for My Sydney Business?

For most Sydney businesses using a vehicle for work, a chattel mortgage is the preferred structure because of the GST claim and depreciation benefits. A personal car loan does not offer these advantages. Our brokers will advise on the optimal structure for your specific situation and tax position.

Finance Enquiry

Please enable JavaScript in your browser to complete this form.

Your Details – Step 1 of 3

What type of finance do you need?Select optionGeneral EnquiryHome LoanCar FinancePersonal LoanBusiness FinanceSMSF LendingDebt ConsolidationEquipment FinanceOther

Loan Amount ($)

e.g. 30000

Loan Term *— Select Choice —1 Year2 Years3 Years4 Years5 Years6 Years7 Years

Loan Term *— Select Choice —1 Year2 Years3 Years4 Years5 Years

Postcode *

Your 4-digit Australian postcode

Next

Name *

First

Last

Email *

Phone *

Date of Birth *

DD12345678910111213141516171819202122232425262728293031MM123456789101112YYYY202720262025202420232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989198819871986198519841983198219811980197919781977197619751974197319721971197019691968196719661965196419631962196119601959195819571956195519541953195219511950194919481947194619451944194319421941194019391938193719361935193419331932193119301929192819271926192519241923192219211920

PreviousNext

Employment StatusFull-time EmployedPart-time EmployedCasualSelf-EmployedPAYG ContractorRetiredOther

Anything else you'd like us to know?

Optional — feel free to leave blank

Business Name (optional)

Estimated Average Monthly Turnover ($)

How long have you been trading on this ABN?Less than 1 year1-2 years3+ years

Is the business registered for GST?YesNo

Does the business or a director own property?YesNo

Purpose of FundsEquipment purchaseWorking capitalVehicle purchaseBusiness expansionOther

Loan PurposeHolidayCarDebt ConsolidationHome ImprovementOther

Property PurposeOwner OccupiedInvestment

Estimated Property Value ($)

Employment TypePAYGSelf-Employed

What are you financing?CarTruckEquipmentMachineryOther

Asset ConditionNewUsed

Purchase SourceDealerPrivate Sale

Primary UsagePersonal UseBusiness Use

Approximate Purchase Price ($)

Deposit Amount ($) – enter 0 if none

Current Living ArrangementsOwn Home OutrightMortgageRentingBoardingLiving with Family

How would you describe your credit history?Excellent (no defaults)GoodFairPoorUnsure

Asset / Vehicle Build Year

The year the vehicle was manufactured.

Would you like a balloon payment?NoYes

Please note: balloon payments may not be eligible for older vehicles.

Balloon Percentage (%)0%5%10%15%20%25%30%35%40%

Electronic Communications Consent *

• I consent to receiving electronic communications from SB Finance, including our Credit Guide and product updates, via email and/or SMS. No credit report will be accessed without my explicit written consent.

Privacy Act Consent *

• I consent to SB Finance collecting, holding, using and disclosing my personal information in accordance with its Privacy Policy for the purpose of assessing my finance enquiry. SB Finance is a credit representative and acts on behalf of licensed credit providers.

How did you hear about us?GoogleReferred by a friendSocial mediaExisting clientDrove/walked pastOther

How would you like to be contacted?EmailSMSPhone call

Submit My Application

Apply for a Chattel Mortgage in Sydney

Contact SB Finance for a free chattel mortgage assessment in Sydney. We compare 40+ lenders and structure the deal to maximise your tax position and minimise your repayments. Also see: Commercial Finance Sydney | Truck Finance | Equipment Finance

Chattel Mortgage Sydney — FAQs

How long does a chattel mortgage term run?

Chattel mortgage terms typically range from 1 to 7 years. The optimal term depends on the asset’s expected useful life and your business cash flow.

Can I include a balloon payment in my chattel mortgage?

Yes. A balloon (residual value) at the end of the chattel mortgage term reduces monthly repayments during the loan period. At the end of the term, you can pay the balloon, refinance it, or sell the asset to cover it.

Can I get a chattel mortgage if I am self-employed in Sydney?

Absolutely. We specialise in chattel mortgage solutions for self-employed borrowers and ABN holders across Sydney, including low-doc options with bank statement-only evidence.