Low-Doc Loans for Tradies and ABN Holders
Qualify on your ABN — not two years of tax returns
A low-doc (low-documentation) loan lets self-employed tradies and ABN holders borrow without the full financials a bank normally demands. Instead of two years of tax returns and payslips, you can often qualify on your ABN plus recent bank statements, BAS or an accountant’s declaration — so a strong business between tax returns isn’t penalised.
It’s not just cars. We arrange low-doc finance across work utes and vans, trucks and trailers, plant, tools and equipment, and business vehicles — new or used, dealer or private sale, with structures like chattel mortgage for business use and potential tax benefits.
Because we compare a panel of 30+ bank and non-bank lenders — including the majors — we match your self-employed income to the lender most likely to say yes, keep the paperwork light, and get you a quick decision so you can stay on the tools. See exactly what you need to qualify →
What rate can I get?
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Little or no financials? No trouble with a low-doc loan
Built for tradies the banks turn away
Sole traders, subbies and growing trade businesses get knocked back by the big banks every day — not because they can’t afford the repayments, but because their paperwork doesn’t fit a tick-box. We work differently. Tell us about your ABN and the asset you’re after, and we’ll do the legwork: comparing lenders, structuring the deal and chasing the approval so you can stay on the tools.
Most tradies get a fast answer with minimal fuss — and a finance package that genuinely suits how trade income works. No payslips, no full tax returns, no runaround.
Why choose us?
DECADES OF
industry experience
A RANGE OF FINANCE OPTIONS WITH
both bank and non bank lenders
WE'LL WORK HARD TO FIND THE BEST
Low Doc Finance solution for almost every customer
WE'LL FIND FOR YOU
the perfect low doc loan for your needs
Estimate your low-doc loan repayments
Low-doc finance pathways for ABN holders
Low-doc finance is not one product. How it works depends on what you are buying and how the purchase is structured. These are the three pathways we are asked about most by sole traders, subbies and small trade businesses.
Low-doc ABN car, ute and van loans
If you need a work ute, van or business car, start with our ABN car loan page for how business-use vehicle finance is structured. Our step-by-step guide to getting an ABN car loan covers the application process, and the ute finance guide and van finance page cover those vehicle types.
Low-doc truck and heavy vehicle finance
Trucks and trailers are assessed on the asset, the work it will do and your trading history. See truck finance for the full picture, used truck finance if you are buying second-hand, and truck finance for a new business if your ABN is recent.
Low-doc chattel mortgage and equipment finance
Plant, tools and equipment are commonly financed through a chattel mortgage or equipment finance. You can estimate repayments with our chattel mortgage calculator. Results are estimates only, not a quote or credit approval.
What documents do you usually need for a low-doc loan?
Every lender sets its own requirements, but these are the documents most commonly requested when you apply on your ABN.
| Document | Why a lender asks for it | Typical detail |
|---|---|---|
| ABN and GST registration | Confirms the business exists and how long it has been trading | ABN lookup; GST status and registration date |
| Business bank statements | Shows regular income and account conduct | Often the last 3 to 6 months |
| BAS statements | Shows reported business turnover | Recent quarterly BAS where you are GST registered |
| Accountant’s letter or declaration | Supports your income where full tax returns are not available | Signed by a qualified accountant |
| Photo ID | Identity verification | Driver licence or passport |
| Asset details | Confirms what is being financed | Dealer quote, invoice or contract of sale |
| Business structure details | Identifies who the borrower is | Sole trader, company or trust details |
For a fuller checklist, see what documents you need for low-doc car loans and the low-doc car loan requirements. Requirements vary by lender and are not a guarantee of approval.
More low-doc guides for tradies
- How low-doc loans help self-employed tradies – what they are and when they suit.
- Low-doc business loans for tradies – how to qualify without full financials.
- The complete low-doc business loan guide for sole traders.
- Low-doc commercial loan options for contractors.
Low-doc loan FAQs
What is a low-doc loan?
A low-doc (low documentation) loan lets self-employed people and ABN holders apply with alternative evidence of income, such as bank statements, BAS or an accountant’s letter, instead of two years of full tax returns. Lender policies, rates and eligibility vary, and approval depends on a credit assessment.
Is a low-doc loan the same as a no-doc loan?
No. Low-doc loans still require evidence of your business income and ability to repay. The difference is the type of paperwork a lender will accept, not whether any is needed. Be cautious of anyone offering finance with no checks at all.
Can I get a low-doc loan with a new ABN?
Possibly. Many lenders look at how long your ABN has been active and your recent trading, so a newer business can mean fewer lender options or a larger deposit. Our guide to truck finance for a new business explains how a shorter trading history is assessed.
Do low-doc loans cost more than standard loans?
Often they are priced differently because the lender takes a different view of risk, but the rate depends on the lender, the asset, your deposit and your circumstances. Ask for the comparison rate and all fees before you decide, and use our calculators for estimates only.
What can I finance with a low-doc loan?
Depending on the lender, low-doc finance can be used for work utes and vans, trucks and trailers, plant and equipment and other business assets, new or used. Business-use purchases are often structured as a chattel mortgage, and tax treatment should be confirmed with your accountant.
Start your low-doc application or compare your options with a broker first.
General information only. It does not take your objectives, financial situation or needs into account and is not credit advice. All finance is subject to lender criteria and credit assessment. Calculator results are estimates, not quotes.