Leasing

Securing Finance Leases in Wollongong

Lease vs Chattel Mortgage

Looking to secure finance for a property or vehicle? At HomeLink Financial Services, Zoran will determine whether you require a lease or chattel mortgage. So, what’s the difference? With a lease, the financier purchases the goods and retains ownership. You then agree to use the goods for a period of time and pay a residual value upon completion in order to gain eventual ownership.


With a chattel mortgage, the financier lends you money to buy the goods in your name secures its loan by registering a charge over the goods. From there, you repay the loan over a period of time, and once you’ve made the last payment, the financier removes their charge over the goods.


Call Zoran today on (02) 4272 1793 to book a consultation. He will have a discussion with you to determine whether a lease or chattel mortgage best suits your needs. Assisting clients throughout Wollongong, Shellharbour, Sydney, Illawarra and surrounding areas.

Book A Consultation
  • Toy Car On Finance Documents — Finance Lease in Unanderra, NSW


  • Key With House Keychain — Finance Lease in Unanderra, NSW


Properties

When it comes to a location, typically the lease will be between the landlord and tenant. It’s very important that you are careful and understand everything involved before committing to a lease. A lease can be long-term, thereby creating a long-term relationship with a landlord. This in turn can encourage investment and prove to be a valuable relationship for both the tenant and landlord.


Call Zoran today on (02) 4272 1793 to get started. He will guide you through the process in order to secure your lease and ensure you understand what your obligations are. For example: is there going to be a balloon payment at the completion of the lease? Are you able to repay the entire lease in a 5-year term, etc.

Get In Touch

Vehicles

Need finance for a work vehicle? A chattel mortgage or lease can be appropriate, depending on the circumstances. Thankfully, Zoran is here to help. He can determine which option is best for your business. When it comes to a lease, you will be paying for fair use of the vehicle. Think of it like a long-term rental. The monthly payment is decided based on the term and kilometres and includes vehicle operating costs (servicing, tyres, registration, etc.). Once the lease term is finished, you simply hand the vehicle back.


With a chattel mortgage on the other hand, you are financing the car, therefore taking the risk of the re-sale value at the end of the term. Finance is covered in your monthly payment; however, it’s your responsibility to manage vehicle operating costs separately. 


Call Zoran today on (02) 4272 1793 to see which financing option is suitable for your work vehicle.

Contact Us
  • Man Giving Car Keys — Finance Lease in Unanderra, NSW


  • Signing Document — Finance Lease in Unanderra, NSW


Why Choose HomeLink?

Zoran from HomeLink Financial Services has been assisting home and business buyers find the right loan for more than 20 years. He has established long-term relationships with a diverse range of lending institutions throughout Australia who are happy to accept applications on behalf of our clients. Zoran knows the ins and outs of the finance industry and draws on his wealth of experience to provide clients with the most competitive finance package to suit their needs. 


Call Zoran today on (02) 4272 1793 to book a consultation. He assists clients with home loans, leasing and commercial /development finance.

Book A Consultation
Share by: