Need to finance equipment, vehicles or machinery for your business? A chattel mortgage offers ownership, flexibility, and tax benefits - without the red tape.
Whether you’re an established company or just starting out, Mako Equipment Finance delivers tailored chattel mortgage solutions built to move your business forward.
What is a Chattel Mortgage?
A chattel mortgage is a popular business finance product where you own the asset from day one, and the lender holds a mortgage over it until the loan is repaid. It’s ideal for financing trucks, excavators, trailers, vehicles, and other income-generating equipment - giving you full control and access to tax-effective benefits from the outset.
Why Choose a Chattel Mortgage?
- ✅ Own the asset immediately
- ✅ Fixed repayments that suit your cash flow
- ✅ GST claimable upfront (on the purchase price, not repayments)
- ✅ Balloon options available to reduce monthly outgoings
- ✅ Tax deductions on interest and depreciation (check with your accountant)
- ✅ Flexible loan terms from 12 to 84 months
A chattel mortgage is particularly powerful for new businesses or first-time ABN holders looking to purchase essential equipment to get started. With the right structure, you can preserve cash flow, build credit history, and scale faster.
Who Can Apply?
- ✅ Newly established businesses with an active ABN
- ✅ Sole traders, partnerships, companies, and trusts
- ✅ Low-doc options available for ABNs registered 6–12+ months
- ✅ No financials required in many cases under $500k
At Mako, we regularly assist new operators - whether you're buying your first truck, starting a contracting business, or expanding into earthmoving. With over 40 lenders and deep expertise in asset finance, we know how to position your application for fast approval, even if you're just getting started.
Why Mako Equipment Finance?
We specialise exclusively in equipment and machinery finance - not home loans, not personal lending. Just gear, done fast. Our dedicated team of credit specialists work with new and established businesses across construction, transport, agriculture, and civil to deliver fast, fit-for-purpose chattel mortgage solutions with competitive rates and streamlined approvals.
Ready to finance your next asset?
Contact us today or apply online for a tailored chattel mortgage quote - we’ll take care of the rest.
