Chattel Mortgage
Business LoansNegotiable ratesAngle Finance PRD
Commercial Asset Finance - Chattel Mortgage
Features
- Guarantor supported
- Directors guarantees are required for all entities and assets, except for: • Instances where total borrowings are less than $55,000; • Government entities; • Publicly listed entities; • Subsidiaries of publicly listed entities; and • Not for profit entities.
- Maximum term of 72 months, except for motor vehicles (84 months)
- Principal and interest repayments, with optional balloon payments available. Weekly, monthly, or quarterly repayment options. Semi-Annual and Annual payments (in advance) available.
Eligibility
- Residency status — Each applicant - borrower and guarantor(s) – must be an Australian citizen, Permanent Resident or company registered in Australia.
- Minimum age — 18 years
- Business customers• The credit is provided completely or predominately for business purpose (>50% of use); and • Asset will generate or assist the customer to generate additional income for the business.
- Business customersThe borrower must be registered with the Australian Taxation Office and have a valid Australian Business Number (ABN).
Constraints
- Minimum limit — $10,000.00The minimum value of the primary asset(s) in a single approval/ settlement transaction
- Maximum limit — $2,000,000.00The maximum value of the asset(s) in a single approval/ settlement transaction
- Maximum LVR — 120%The maximum LVR permissible for a property owner is 120%, unless otherwise specified
- Maximum LVR — 100%The maximum LVR permissible for a non-property owner is 100%, unless otherwise specified
- Borrowers and guarantors that have a current credit bureau score less than 500 (or equivalent). — Credit Score
Published by Angle Finance under the Consumer Data Right · Last updated 8 July 2026 · Product ID 01