Flexible repayment options

Chattel Mortgage is the best finance solution for many sole traders and partnerships. In order for you to be eligible and really take advantage of the available tax benefits, your vehicle will be primarily used for business purposes to the amount of 50% or more.

As your finance company, we take a mortgage on the car as security for the loan. The ownership of the car is yours from the time of purchase, all you need to do is make monthly repayments to pay back the borrowed amount. Once you make your final payment we lift the mortgage and take no more interest in your car.

  • We secure the loan amount on your behalf
  • Repayment periods ranging from two to five years
  • Loan terms of 2 to 5 years
  • Optional residual at end of the contract
  • No GST on the monthly repayments and residual

It takes just 2 minutes to complete our online application enquiry


Our financial experts will contact you within 24 hours


We help you decide the best loan option available for you


We find the most suitable Lender out of our panel of nearly 50

How does it work?

1. We get to know you

Firstly, we want to know a little more about your financial situation. This is so we can correctly determine how much money you are capable of borrowing.

2. Help you make a decision

We do some research and assess your financial situation. This is so we can recommend and offer you advice about what loan agreement we think will work best for you.

3. We do all the paperwork

To relieve your stress during the process, we take care of all the paperwork. We ensure that all information is correct and lodge the application on your behalf.


  • Have now purchased 3 vehicles all using MFL to organise finance, great rates and unbelievable service, wouldn't go anywhere else.

    Adam Edwards (Car Owner)
  • We got our home loan through MFL. It was easy and all their staff are so helpful and friendly.

    Sharron-Lee Teague (Home Owner)

Would you like
more information?

You can give us a call on (03) 5051 0400 or fill out the form and we’ll have an expert consultant get back to you

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