As a result, since the introduction of GST, the popularity
of Chattel Mortgage’s has grown. Given that the assets ownership
lies with the client, the client has the right to claim the
GST which is included in the invoice amount of the asset.
Chattel Mortgage
A Chattel Mortgage is a loan with the financier taking a charge
over the goods which is registered with ASIC and\or the Land
Title Office under a Bill of Sale. In legal terms the title
to the goods is in the name of the customer but they offer the
goods as security to the financier who registers a charge over
that asset.
Novated Lease
A Novated Lease is and arrangement entered into by three parties-
the Employer, Employee and Leasing Financer This enables the
employee to lease a car of their choice within a negotiated
salary packaging arrangement.

Balloon- CHP/Chattel Mortgage
Due to the flexibility of the CHP and Chattel mortgage products
an introducer can choose a balloon figure to suit there client’s
needs.