All You Need to Know about a Chattel Mortgage

April 29, 2020

For Australian businesses, a chattel mortgage can make the difference between having a revenue-producing vehicle or not. A chattel mortgage is simply a mortgage taken out against a “movable” item of property, i.e. a car, van, or another vehicle. However, this vehicle must be used for business purposes at least 50% of the time. The term “chattel” […]