We have the specialist lenders and the expert services to assist business operators without complete financials to source affordable equipment finance. For those that have been operating for less than 12 months and have not acquired sufficient documentation and paperwork to meet bank criteria – contact us. Our brokers are experts in commercial financing and with our 80+ lender base, we provide operators with an efficient low doc equipment loan service.
Using our services saves time in connecting with the right lenders – we do that for you! And our brokers handle the entire process of individually sourcing the right lender, the best low doc equipment loan interest rates and the most workable minimal documentation solution.
Our services are available to all commercial entities, in all industries, across Australia, with no referral necessary. Connect with one of our brokers online or by phone for the best quote on equipment finance without financials.
In commercial finance, the term ‘doc’ or ‘docs’ refers to financial documents or documentation. Specifically, the business accounts, trading figures, and records of a commercial operation.
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These docs are requested by banks and other lenders as part of the commercial credit application process. They generally include annual accounts, tax returns, BAS statements, banks accounts, profit and loss statements, cash flow and turnover records and asset and liability schedules. The difference between the reference to low and no docs is the amount of financial documentation available.
Businesses generally need to be trading for 12+ months in order to accumulate these types of records. Operators without all or any of this type of documentation are considered low docs or no doc loan applicants. Typically, this will include operators that are just starting out or have been up and running for less than 1 year. They may cover a range of structures including sole traders, self-employed, private companies, contractors, and partnerships.
Low doc equipment finance is also available for enterprises that may have some docs but do not satisfy other criteria such as turnover minimum and low assets and businesses with ‘non-traditional’ revenue sources. The description – low docs equipment loan, does not relate to a loan product. It describes the business applicant.
When approved for equipment loans without financials, operators can select from the same asset acquisition credit facilities as fully documented applicants.
To discuss if you are eligible for a low doc equipment loan, contact us and have a no-obligation, initial conversation with one of our brokers.
Our guides offer quick comparisons and simple explainers to help you level up on the equipment finance process with confidence.
We provide a complete portfolio of asset acquisition credit facilities, with options to suit all business set-ups and structures. When a low doc application is approved, operators have their choice of financing product from Leasing, Rent-to-Own, Chattel Mortgage and Commercial Hire Purchase.
Credit facilities vary with suitability to cash and accruals accounting, balance sheet approach, tax deductions, and have varying interest rates. Operators are advised to speak with an accountant as to which option will work best for their business.
Low doc equipment loan applicants are entitled to all the tax benefits available on their choice of credit facility. Balloons, residuals and buybacks are available for the relevant product. For a quote on your choice of low doc equipment finance, contact us.
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THE INTEREST RATE IS CALCULATED ON A SECURED LOAN PREDOMINATELY FOR BUSINESS USE, EFFECTIVE 21/02/2026 AND SUBJECT TO CHANGE. WARNING: THE INTEREST RATE IS TRUE ONLY FOR THE EXAMPLES GIVEN AND MAY NOT INCLUDE ALL FEES AND CHARGES. DIFFERENT TERMS, FEES OR OTHER LOAN AMOUNTS MAY RESULT IN A DIFFERENT INTEREST RATE.
All types of plant, machinery and equipment used in a business operation may be financed with a loan with minimal financials.
Loans without full documentation describe applying businesses that do not have all the financial records required in the standard commercial funding application form. It is not a distinctive credit product but a description of the applicant.
Interest rates are offered by lenders on an individual basis. Lenders assess applications for creditworthiness and strong financials when making interest rate offers. A request to a lender will need to be made to obtain an interest rate quote.
Yes. If a sole trader has an ABN and ID, they can be eligible to apply for commercial credit.
To be eligible for all types of commercial funding, operators must have an ABN and ID. Business owners should also provide as much financial information on the enterprise as is available.
When an applicant is approved on a low documentation basis, they may select the most suitable credit product from Lease, Rent-to-Own, Commercial Hire Purchase and Chattel Mortgage.
The assets being funded on a without financials basis can be used as the main collateral for the loan. Individual lenders may request operators provide additional collateral with business or personal assets.
Yes. All commercial entities both new and well-established can be eligible to apply for funding.
The loan amount approved for applicants with minimal documents is subject to lender assessment of the application.
Yes. When approved as a low doc applicant, operators may select Leasing.
