FOTON Financial Services - Chattel Mortgage

Business LoansNegotiable rates

A commercial loan designed to help customers purchase a new or used asset for business use. The loan features a fixed interest rate and no deposit requirement.

From: 7.74%; Fixed

Interest Rates

Type	Rate	Comparison	Applies To
Fixed · 2 years Minimum rate for a Chattel Mortgage on a 2 year term. Your interest rate will be based on a number of factors including but not limited to how long your ABN has been active for, property ownership status, the asset you are purchasing and loan amount. Your total amount payable and monthly instalments will be confirmed in your finance documentation if your application is approved.	7.74%	—	—
Fixed · 3 years Minimum rate for a Chattel Mortgage on a 3 year term. Your interest rate will be based on a number of factors including but not limited to how long your ABN has been active for, property ownership status, the asset you are purchasing and loan amount. Your total amount payable and monthly instalments will be confirmed in your finance documentation if your application is approved.	7.74%	—	—
Fixed · 4 years Minimum rate for a Chattel Mortgage on a 4 year term. Your interest rate will be based on a number of factors including but not limited to how long your ABN has been active for, property ownership status, the asset you are purchasing and loan amount. Your total amount payable and monthly instalments will be confirmed in your finance documentation if your application is approved.	7.74%	—	—
Fixed · 5 years

Fees

Fee	Type	Amount
Establishment fee	Upfront	$595.00
Introducer origination fee The origination fee will vary based on your introducer.	Upfront	$0.00 – $1,495.00
Personal Property Securities Register (PPSR) fee Fee payable for each security to be registered as a security interest on the PPSR website.	Upfront	$6.00
Security registration administration fee Fee payable for each security to be registered as a security interest on the PPSR website.	Upfront	$3.95
Monthly repayment fee Charged monthly · Payable each time a monthly repayment is due.	Ongoing	$12.95
Dishonour fee Payable each time a payment instruction is dishonoured.	Dishonour	$25.00
Early Termination Fee Payable if the balance outstanding is repaid in full 6 months or more before the end of the loan term. The early termination fee is calculated as $200 plus (4% of the total amount financed) x (number of days remaining in the loan term / total number of days in the loan term).

Features

Finance available for new or used motor vehicles including utes. — New or used assets
Available terms of 2, 3, 4, 5, 6 and 7 years. — Flexible loan terms
Have the certainty of a fixed interest rate and repayment amount for the life of the loan. — Fixed interest rates and repayments
Where available, additional finance inclusions such as comprehensive insurance and extended warranties may be included in the total amount financed, subject to credit criteria. — Additional finance inclusions
Where available, option to include a balloon payment for loan terms up to 5 years, subject to credit criteria. — Balloon payment option

Eligibility

Minimum age — 18 yearsApplicants are required to be 18 years or over.
Business customers — The asset must be used wholly or predominately for business use. You must hold a valid Australian Business Number (ABN).
Residency status — Applicants must be an Australian or New Zealand citizen, or a permanent Australian resident, or hold an acceptable visa that is valid for the loan term. Applicants must reside in Australia.
Applicants must hold a valid licence suitable for the asset being financed.

Constraints

Minimum limit — $5,000.00Minimum loan amount for motor vehicles including utes.
Maximum limit — $200,000.00Maximum loan amount for motor vehicles including utes, subject to credit criteria.

Published by FOTON Financial Services under the Consumer Data Right · Last updated 8 July 2026 · Product ID 58f6b4d4-deee-4fc3-9c41-dc027cda7bb6