Quick answer

Low doc equipment finance may be available, but lenders still need enough information to understand the business, asset and repayment position.

  • Full financials may not be required
  • Bank statements may help
  • Asset invoice needed
  • ABN and GST status matter

Low doc equipment finance can suit businesses that are trading but do not have current tax returns or full financial statements available. Low doc does not mean no doc, but it may reduce the amount of financial paperwork required.

Information lenders may request

  • ABN and GST details
  • Bank statements
  • Equipment invoice or quote
  • Basic business background

Frequently asked questions

No. Lenders may still ask for bank statements, asset details and basic business information.

Sometimes, but newer businesses may need stronger compensating factors such as experience, contracts or deposit.