Low Doc Asset Finance Loans
If your business relies heavily on its equipment to function, you understand the importance of investing in quality equipment; that will stand the test of time, reduce downtime, and improve efficiency.
More about our Low Doc Loans:
Our Low Doc loan options provide flexibility for self-employed individuals and SMEs. The interest rates are competitive, and the process fast-tracked. Low Doc loans are designed for clients with income and assets but are unable to provide the usual verification documents required for standard asset finance loans.
In many cases, you can borrow up to $1 million under certain Low Doc options.
No matter what industry your business operates in, whether it be transport, construction, earthmoving, agriculture, or other industries, our brokers will work with you to find the most suitable lender policy.
Eligibility for Low Doc Loans:
- ABN registration for a minimum of 12 months
- The entity must be registered for GST
- BAS for the last quarter
- No tax liabilities or losses in the last 12 months
In some cases, when the client is new to the bank, tax returns and ATO portals may be required.
Benefits of using Low Doc Loans:
- Business cash flow remains intact
- Usually, the same interest rates as if financials are provided
Put that new equipment to use in record time with our Low Doc loan options!
As always, your unique business and financial situation needs to be assessed, and the above information may not be applicable to every business.
Finance your future, by partnering with Pacific.
Contact your Pacific Finance Broker today at info@pacificfinance.com.au or give us a call at 08 9321 2120 for a quick assessment of your business’s financial position.