ɪn ɔːstɹˈeɪliə, tʃˈæɾəl mˈɔːɹɡɪdʒᵻz ɑːɹ kˈɑːmənli jˈuːzd baɪ kˈʌmpəniz, pˈɑːɹtnɚʃˌɪps ænd sˈoʊl tɹˈeɪdɚz tə fˈʌnd ðə pˈɜːtʃɪs ʌv kˈɑːɹz, kəmˈɜːʃəl vˈiəkəlz ænd ˈʌðɚ bˈɪznəs ɪkwˈɪpmənt.
In Australia, chattel mortgages are commonly used by companies, partnerships and sole traders to fund the purchase of cars, commercial vehicles and other business equipment.