New ABN, growing fast
Held an ABN under 12 months but contracts already in hand. Low doc gets the application past lenders that require 2-year financials.
Business Finance · Low Doc
Finance without
two years of financials.
Low documentation business loans for operators whose paperwork hasn't caught up with their pipeline. We arrange low doc finance for equipment, working capital, and acquisitions.
What low doc means.
A low documentation (low doc) loan is business finance approved without the standard two years of tax returns and full financial statements. Lenders rely on alternative income evidence — BAS statements, bank statements, and an accountant\'s declaration. In return, the rate typically loads 1–3 percentage points above full doc. Low doc is built for self-employed operators, new ABNs, and businesses whose paperwork lags their operating reality.
When low doc fits.
Filing delay
Latest tax return is with the accountant; the asset opportunity is now. Low doc bridges the timing gap.
Self-employed
Sole trader or single-director operator whose income doesn't look "PAYG-tidy" on paper. Alternative evidence does the job.
Ownership transition
Recent sale, restructure, or partnership change has reset the financials. Low doc looks past the paperwork to the operating reality.
Low doc finance answers.
What is a low doc loan?+
A low documentation (low doc) business loan is finance arranged with reduced paperwork — typically without the standard two years of tax returns and full financial statements. Lenders rely on alternative income evidence such as BAS statements, an accountant's letter, or bank statements.
Who is low doc finance for?+
Self-employed operators, newer ABNs without two years of trading history, operators who file late, or businesses going through ownership transition. Common in transport, civil, trades, and small-fleet operations where financials lag operational reality.
What documents are typically needed?+
Usually: ABN/GST registration, recent BAS statements (4 quarters), bank statements (3–6 months), an accountant's declaration of income, and ID. Specific requirements vary by lender and deal size.
Are low doc rates higher than full doc?+
Typically yes — 1–3 percentage points loading, depending on lender, asset, and deal strength. The trade-off is access: low doc is approval where full doc would be declined.
Can low doc loans finance equipment?+
Yes. TMF arranges low doc on equipment finance, working capital loans, and business acquisition. Equipment + low doc together is one of our common patterns.