Asset Loan

The benefits of truck ownership without the outlay

With an Asset Loan – commonly referred to as a Chattel Mortgage - truck ownership is transferred to you at the start of your finance contract.

Benefits:

• Truck becomes a depreciable asset of your business*
• Purchase cost is spread out over the term of the contract
• Monthly payments can be reduced by varying the deposit
• Optional final balloon payment
• Final balloon payment may be refinanced
• Available for both new and used vehicles*
• May offer tax benefits*