The Smarter Way to Get A Great Deal on Chattel Mortgage!
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We Can Help You with Getting Chattel Mortgage for a Car and More!
What Is Chattel Mortgage?
If the car is going to be used for 50% business use or more, then a chattel mortgage may be your best choice. The business takes full ownership of the car after it is purchased, whilst the lender ties a financial interest onto it. The vehicle serves as security in case you miss on the monthly repayments.