Valco Group Financial Services (VGFS) is a Melbourne-based chattel mortgage and commercial vehicle finance broker. Directed by Francis Valente and Alex Qemal, VGFS is one of Melbourne's highest-rated finance brokers with a 5.0 Google rating from 180+ verified reviews. The business is Credit Representative 557151 authorised under Australian Credit Licence 543046, and is FBAA accredited, and has access to 50+ lenders with same-day approvals and no upfront fees. VGFS is based in Kew, VIC, and serves businesses across Greater Melbourne and regional Victoria.
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“I couldn't be more pleased with the service I received from Francis and Alex at Valco Group Financial Services. For the first time, my asset finance experience was truly seamless. From the initial application to the receipt of funds, I was treated with exceptional care and professionalism. Their communication and follow-up were outstanding, making me feel like a truly valued client. I will definitely be using their services again and highly recommend them to anyone seeking asset finance.”
“Had Alex handle the finance for our new business vehicle and he did a fantastic job. Communication was very good and he really made the whole process easy to deal with. He bounced back and forward to get the best deal he could and can tell he cares about what he does. Can't thank him enough, 100% will be using again for any further things of this nature.”
“So glad we met Francis! He has helped us find 3 vehicles in the last 12 months the newest addition for my business arriving today. Professional, and down to earth, and simply just makes the whole process easy! We will be using Francis for all our vehicle and finance advice and needs. A+++++”
Why Chattel Mortgage is Perfect for Melbourne Businesses
The most tax-effective way to finance your next vehicle or equipment.
Claim GST Upfront
Claim the GST on your vehicle's purchase price on your next BAS for an instant cash flow benefit for Melbourne businesses.
Tax Deductions
Claim depreciation and interest as tax deductions each year. Your accountant will love this product.
Own From Day One
You own the asset from settlement. Build equity in your business assets, not someone else's.
Fixed Repayments
Predictable monthly payments make cash flow management simple. Critical for Melbourne's competitive business environment.
Approval in 24 Hours
Get pre-approved the same day you call. We know Melbourne businesses can't afford to wait.
Built for ABN Holders
Sole traders, companies, partnerships. New ABNs welcome. Low-doc options available for the self-employed.
Who is a Chattel Mortgage Best For?
VGFS arranges chattel mortgages and ABN car loans for a wide range of Melbourne clients
Melbourne Tradies and Contractors
Electricians, plumbers, builders, concreters and carpenters across Melbourne's northern, western, and outer eastern suburbs. Low-doc options up to $250k without financials.
Self-Employed Professionals
Accountants, consultants, lawyers, and healthcare professionals in Melbourne's CBD, South Yarra, Hawthorn, and inner suburbs who need a tax-effective vehicle finance solution.
Transport and Logistics
Owner-drivers, freight operators, and courier businesses needing to finance utes, vans, trucks, and trailers. Finance from $15k to $2M+.
New ABN Holders
New businesses and startups across Melbourne. Brand new ABNs are welcome. Several lenders on the VGFS panel have no minimum trading history requirement.
Construction and Plant
Earthmoving equipment, forklifts, scaffolding, yellow goods, and construction vehicles. VGFS has financed equipment for Melbourne businesses across every stage of construction.
Small to Medium Businesses
Companies operating in Melbourne's industrial corridors (Dandenong, Campbellfield, Laverton, and Braeside) needing fleet or equipment finance with flexible repayments and tax advantages.
Chattel Mortgage vs Other Business Finance Options
A quick comparison to help you choose the right product. Our brokers will guide you to the best fit for your circumstances.
| Feature | Chattel Mortgage | Finance Lease | Hire Purchase | Novated Lease |
|---|---|---|---|---|
| Who owns the asset? | You (from day 1) | Lender | Lender (until final payment) | Lender |
| Claim GST upfront? | ✅ Yes | On repayments only | ❌ No | ❌ No |
| Claim depreciation? | ✅ Yes | ❌ No | ✅ Yes | ❌ No |
| Interest tax deductible? | ✅ Yes | ✅ Yes | ✅ Yes | Via salary sacrifice |
| ABN required? | Not always | ✅ Yes | ✅ Yes | Via employer |
| Balloon payment option? | ✅ Yes (up to 40%) | ✅ Yes | ✅ Yes | Residual value |
| Best for | Most businesses and ABN holders | Businesses wanting off-balance-sheet | Businesses wanting gradual ownership | PAYG employees with employer agreement |
Not sure which product is right for you? Call Francis or Alex Qemal on 03 8456 9966 for a no-obligation comparison.
Your Melbourne Finance Brokers
You deal with experienced brokers, not call centre staff. Here is who you will be speaking with.
Francis has worked at every level of the automotive and finance industry, from dealerships through to brokerage, giving him a depth of market knowledge that is genuinely rare in this space. He founded Valco Group Financial Services over five years ago with a clear focus on delivering expert, relationship-driven finance for Melbourne's self-employed professionals and business owners. Francis is personally involved in every client relationship at VGFS.
With over 15 years in commercial and vehicle lending, Alex brings a level of experience to VGFS that clients with more complex requirements particularly value. He specialises in higher-value and non-standard assets, heavy equipment and machinery, and cash flow and business lending solutions. Clients consistently highlight his clear communication and determination to find the best possible outcome, regardless of how straightforward or complex the deal.
Melbourne's Local Finance Broker
We're not a call centre. VGFS is based right here in Kew, Melbourne, and our brokers understand the needs of Melbourne businesses firsthand.
Whether you're in the inner city, the eastern suburbs, the west, or regional Victoria, we've helped businesses across Greater Melbourne get the finance they need, fast.
- ✓Kew-based office. Meet us in person or over the phone.
- ✓Serving all Melbourne metro suburbs and regional VIC
- ✓Specialists in trades, construction, professional services and logistics
- ✓Same-day callbacks. No waiting on hold in a queue.
- ✓FBAA Accredited. Credit Representative 557151 (ACL 543046)
Fast-Track Your Finance
Three simple steps from quote to keys in hand
Step 1: Quick Quote
60-second form or a quick call. No credit check required at this stage.
Step 2: Compare Options
We negotiate with 50+ lenders on your behalf to find the best rate for your situation.
Step 3: Get Approved
Pre-approval in 2 hours. Final approval in 24 hours. Settlement as fast as you need it.
Common Questions
Everything Melbourne business owners ask us
What is a Chattel Mortgage?
It's a commercial lending facility used to buy a vehicle or equipment for your business. The asset is owned by you from day one and the lender holds it as security until you've paid it off. It's the most common form of business vehicle finance in Australia.
Do I need to provide my Tax Returns?
No. It's a common misconception that you need your financials up to date to be approved for a Chattel Mortgage. We offer Low Doc options that let Melbourne businesses get approved without providing tax returns. Up to $250k with just an ABN and a signed declaration.
What's the difference between a Hire Purchase and a Chattel Mortgage?
With a Hire Purchase, the lender owns the asset and you take possession. Ownership transfers once all payments are made. With a Chattel Mortgage, you own the asset from day one. The lender holds it as security only. Chattel Mortgage typically offers greater tax advantages.
Is the interest tax deductible?
Yes, for most businesses you can deduct the cost of interest, depreciation and fees. Always check with your accountant, but a Chattel Mortgage is generally the most tax-effective way to finance a business vehicle in Melbourne.
What is a balloon payment?
A balloon (or residual) is a lump sum payment at the end of the loan term. It's optional. It reduces your monthly repayments and improves business cash flow during the loan period. We'll help you decide if a balloon is right for your situation.
Do I need an ABN to apply?
Not always. We can set up Chattel Mortgages for individuals working for a wage if they're using the vehicle for 50% or more business purposes. Brand new ABNs are also OK. We work with startups and established Melbourne businesses alike.
How much can I borrow?
There's no set limit on a full-doc Chattel Mortgage. Low Doc loans do have limits, typically up to $250k. We finance everything from a $15k tradie ute to multi-million dollar equipment fleets. Speak with one of our Melbourne brokers to find out what you qualify for.
How long does approval take?
We can secure a pre-approval for your Chattel Mortgage within the same business day. Full approval typically comes through within 24 hours. For Melbourne businesses with urgent needs, call us directly and we will prioritise your application.
What can I finance with a Chattel Mortgage?
Almost any hard asset: cars, vans, trucks, trailers, earthmoving equipment, medical equipment, fitout costs, software, and more. If it generates income for your Melbourne business, we can likely finance it.
Is VGFS a good chattel mortgage broker for Melbourne businesses?
VGFS (Valco Group Financial Services) is one of Melbourne's highest-rated commercial vehicle and equipment finance brokers, with a 5.0 Google rating from over 180 verified reviews. The business is FBAA accredited, is Credit Representative 557151 (ACL 543046), and is based in Kew, Melbourne. Directed by Francis Valente and Alex Qemal, VGFS provides access to 50+ lenders and specialises in chattel mortgage, ABN car loans, and low-doc finance for self-employed Australians across Greater Melbourne.
What's the difference between a chattel mortgage and a standard car loan?
A chattel mortgage is a commercial finance product for businesses and ABN holders. Unlike a standard consumer car loan, a chattel mortgage allows you to claim GST on the purchase price on your next BAS, claim depreciation as a tax deduction, and deduct the interest component of repayments. For any Melbourne business owner or self-employed person using a vehicle primarily for work, a chattel mortgage is almost always more tax-effective than a personal car loan.
Can VGFS help with finance for a new ABN in Melbourne?
Yes. VGFS works with brand new ABN holders across Melbourne. Several lenders on the VGFS panel have no minimum trading history requirement, meaning businesses can access chattel mortgage finance from day one of ABN registration. Call the Melbourne office on 03 8456 9966 to discuss your options.
What suburbs and areas does VGFS service across Melbourne?
VGFS is based in Kew and services clients across all of Greater Melbourne and regional Victoria, including Richmond, South Yarra, Hawthorn, Camberwell, Box Hill, Ringwood, Doncaster, Dandenong, Frankston, Berwick, Pakenham, Werribee, Sunshine, Footscray, Brunswick, Fitzroy, Carlton, Essendon, Moonee Ponds, Williamstown, Port Melbourne, South Melbourne, and regional centres including Geelong, Ballarat, and Bendigo.
What kinds of lending products does VGFS offer?
VGFS arranges Chattel Mortgage, ABN Car Loans, Finance Lease, Operating Lease, Novated Lease, Hire Purchase, Secured and Unsecured Business Loans, Invoice Factoring, Insurance Premium Funding, and Consumer and Personal Loans. For Melbourne businesses, chattel mortgage and ABN car finance are the most popular products.
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