Chattel Mortgage

Various lenders call their business Chattel Mortgage a Commercial Loan. A chattel mortgage or commercial loan is when a lender advances a loan facility for your business to purchase a passenger car or commercial vehicle, either in your own personal name or the business name.

Commercial Car Loan

Various lenders call their business car loans a Commercial Loan. You may hear various business car loans called, Commercial Hire Purchase, Commercial Chattel Mortgage or even a Commercial Fleet Lease, however not to worry, we’ll explain these in more detail.

Novated Lease

A Novated Lease is an arrangement between, You the Employee, Your Employer, and the Lender. A Novated Lease arrangement is a Deed of Novation (tripartite agreement) between all 3 parties. A Novated Lease can be a tax effective way for you to purchase the car you always wished for.

Commercial Hire Purchase (HP)

A Commercial HP is a Commercial loan facility where the business ‘Hires’ the motor vehicle from the lender for a fixed term with the option at the end of the finance term to purchase the vehicle our right.

Car Loan & Personal Loan

A car loan is typically secured by the car and can be also referred to as a Personal Loan. The lender secured the loan over the car as a safeguard which is not a bad idea as it reduces the lenders’ interest rate compared to an unsecured car or personal loan.


Lender Access


Cars Sold in 2022


% were E-Vehicles

Your Car Finance Options Made Simple.

Buying a car in a business or buying personally, we have you covered. We list below the available options. If you are buying a car as an individual (as a PAYG) you may consider purchasing your car via a Novated Lease through a salary package agreement with your employer.

If buying a car for your business entity then you may wish to consider a Commercial Loan. With a commercial loan, you have a few loan options to choose from which we list on the following page in more detail.

Neomoney Will Get You Moving Faster.

Purchasing a car can be an exhilarating experience, especially in Australia where there are more than 50 automobile brands and over 200 models to choose from. If you have a particular car in mind that you want to buy, Neomoney can help you with the car financing process. We take care of all the complicated paperwork and financial terminology, and explain everything to you when you’re ready. Our team will work with your car dealer to expedite the process so that you can get behind the wheel of your new car as soon as possible. With a wide range of motor vehicle lenders available, we will assist you in selecting the right finance product that fits your budget and lifestyle, making it easy for you to drive away in your new car.

Let’s get you Approved Today!


Let’s get you Approved Today; You’ll be in your car sooner!

We’ll take care of all the finance application process.

With a Pre-Approved Finance, you can sign a car contract with confidence.

Enquire Now