Chattel Mortgage
Ownership right from the start
Just like a normal mortgage, you agree on the terms and you own the equipment right from the start.
Main benefits
- Once the machine has been paid off completely, it still has value. You can keep the proceeds when you decide to sell the machine, or use it as a trade in for your next purchase.
- The machine appears on the balance sheet and is subject to depreciation as an annual income tax reduction.

Balance sheet
On balance

Ownership
From the start
Subject to terms and conditions. You should always seek advice from your accountant, financial and/or legal advisor before entering into any finance transaction.
Other financing options
Operating Lease
A budget-friendly, minimal commitment option. You only pay for usage of the machine, which helps reduce your monthly costs.