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Chattel Mortgage
Loan and Goods Mortgage enables you to immediately receive the benefits of vehicle ownership upon purchase. While CNH Industrial Capital holds a mortgage over the vehicle for the duration of the loan.
Features
- Fixed interest rate for the term of the loan
- You decide the deposit and payment structures to suit your individual requirements
- You can propose a balloon or final payment entirely tailored to you
- You may be able to claim GST as an input tax credit in your Business Activity Statement
- As you hold ownership of the vehicle, you may be able to claim depreciation and interest costs as tax-deductible expenses
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