Low Doc Loans are streamlined funding options, typically available for Loans up to $500K, designed for businesses that do not have readily available or up-to-date financial statements.

In Lieu of providing the documentation of a Full Doc application (annual tax returns and detailed Profit & Loss statements) the assessment primarily relies on the client providing recent business bank account statements. These statements are used to quickly verify the turnover through the business account in order to assist with our serviceability calculation of the proposed debt. We understand that bank statements can look a little bit messy from time, but we have a fluid approach when assessing bank statements.

This approach simplifies and accelerates the approval process, making it an ideal choice for Self-Employed Operators and Small Businesses requiring quick funds to purchase Trucks or Heavy Equipment. No additional base rate loading is applied to our Low Doc Truck & Heavy Equipment Loans, however this process does provide our customers with access to fast funding when it is really needed.