If your business uses a cash accounting system, there may be a tax benefit for you in financing your car with a Chattel Mortgage.
Features
- Loan terms of between 1 - 5 years with a residual value at the end of the contract to allow repayments to suit your budget.
- Loans start from as low as $5,000
- Repayments are fixed for term of contract and can be structured to suit you.
- No GST on the repayments.
- 100% finance or with an optional deposit / trade.
Repayments can be made via direct debit from a nominated bank account, B'pay or via a coupon book.
Benefits
- Fast approval.
- Apply over the phone.
- The Input Tax Credit may be claimed upfront via your BAS rather than over the life of the loan.
- Business usage and expenses may be claimed against your taxable income.
- Structure repayments to suit seasonal cash flow.
- Repayments fixed for the term of contract enabling you to budget your monthly expenditure.
Contact our Finance and Insurance department today - 02 4229 9111 or finance@corbanauto.com.au
