Chattel Mortgage Funding for MBA Members

If your business prefers to eventually own the asset outright, rather than handing it back when the lease ends, ORIX provides all the benefits of fleet in a Chattel Mortgage. This is a popular solution for business owners needing vehicle finance.

Man inspecting vehicle

Chattel Mortgage

An ORIX Chattel Mortgage allows you to borrow the money from ORIX to purchase the vehicle. You own the vehicle, but you must repay the money back over the agreed term. If you have capital to pay upfront (or if you have a trade-in), we can give you a loan to top up the remainder.

Reliable. Flexible. Transparent.

  • Easy budgeting and planning with regular monthly payments
  • If the vehicle is used for business purposes, you may be able to claim the interest component of your monthly payment as a tax deduction*
  • You can choose higher or lower monthly repayments in exchange for a high, low or zero balloon payment at the end
  • Unlike a Finance Lease, you own the vehicle from the start so it appears as an asset for your business, while we have the mortgage over the vehicle
  • ORIX’s bargaining power provides access to discounts on repairs, tyres, fuel and other suppliers
  • You will need to maintain your vehicle in accordance with manufacturer’s requirements.

* ORIX does not provide tax or accounting advice and you should seek your own tax or accounting advice before proceeding with any transactions.

Chattel Mortgage calculation
Chattel Mortgage

Funding your way

Sometimes you just need something different

ORIX never adopts a one-size-fits-all approach to Fleet Management. In addition to providing Fleet Management services, ORIX undertakes a review of every vehicle and provides recommendations on which of our services are suitable for each individual customer.

As one of Australia’s leading Fleet Management providers, we can take care of the day to day management of your fleet through flexible leasing, rental and mobility solutions that can lower your cost of operation and minimise the burden of managing your vehicles.

Ready to optimise your fleet?

Speak to us about how ORIX can help your business, get in touch today.

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