No-fuss low doc car loans for self-employed individuals and valid ABN holders looking to purchase a new or used car in Australia.
“Mina and his team were able to help me get finance and find a car within three days. Quick response time and clear communication made this process so seamless and easy.”
A low doc car loan is car finance for self-employed people and ABN holders that doesn’t need tax returns or financials. Lenders still check your ABN, ID and credit history, and some may ask for a deposit. The vehicle must be used at least 50% for business, and you can borrow from $10,000 to $500,000.
ABN from 3 months with some lenders, depending on your circumstances. Let’s have a chat: call us on 1300 785 514 to discuss your options.
A quick checklist of what lenders look at. Every lender is different, so we confirm the details with you before anything is submitted.
You deal with a local broker from your first call to settlement. We compare low doc car loans from 49+ lenders and only apply where your situation fits the lender’s criteria.
Complete the online enquiry with your ABN, the vehicle you’re after and some personal details. It takes about 5 minutes.
A broker calls you to go over your business, the vehicle and your budget. We start with a soft credit check that doesn’t affect your credit score.
We never send applications out blindly. We apply to the lender whose criteria best match your situation, so you’re not collecting enquiries from lenders who were never a fit.
We handle the paperwork with the lender and the seller and settle as quickly as the lender allows. Many are approved within 24 hours, subject to lender criteria.
“Awesome service, quick, easy and stress free, one day I was looking at my dream car and the next day I was driving it.”
Cars, utes, vans and other work vehicles, new or used, from a dealer, a private seller or at auction. Buying new? We can source it at fleet prices through our dealer network.
“Mina was very helpful and patient with all my questions. He followed up and helped ensure the final outcomes were in line with my needs.”
With a low doc loan you don’t need to provide tax returns or financials. Lenders still check your ABN, ID and credit history, and some may ask for a deposit.
Sole traders, contractors and company directors. ABN from 3 months with some lenders, depending on your circumstances.
With less paperwork to gather, a low doc loan is often quicker than a traditional vehicle loan. Many are approved within 24 hours, subject to lender criteria.
Apply from home or the job site. We lend Australia-wide, and your broker stays with you from first call to settlement.
Talk to a broker first, no obligation. We’ll work through your situation, check your options with a soft credit check and only apply where your situation fits.
Lending Partners
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A low doc car loan lets self-employed borrowers finance a vehicle without providing tax returns or financials. Lenders still check your ABN, ID and credit history, and some may ask for a deposit. The vehicle is used as security for the loan.
If your situation doesn’t suit a low doc loan, some lenders may ask for bank statements instead.
Sole traders, contractors, partnerships and company directors with an active ABN, buying a vehicle that will be used at least 50% for business. GST registration is required by some lenders.
With some lenders, your ABN can be from 3 months old for cars, utes, vans, caravans, boats and motorbikes, depending on your circumstances. Trucks and earthmoving equipment usually need an ABN of at least 6 months. Let’s have a chat: call us on 1300 785 514 to discuss your options.
No. We start with a soft credit check that doesn’t affect your credit score. Your credit file is only affected when an application is submitted to a lender, and we never send applications out blindly. We work through your situation with you first, then apply to the lender whose criteria best match it.
Low doc car loans through Financfy range from $10,000 to $500,000, with terms from 1 to 7 years, subject to lender criteria.
Yes. Many of our lenders will finance a vehicle bought from a dealer, a private seller or at auction. Buying new? We can also source new cars at fleet prices through our dealer network.
Often, yes. Many of the lenders we work with don’t use the same rigid rules as the big banks, so a bank decline doesn’t rule you out. We look at why the bank said no, then apply to the lender whose criteria best match your situation.
The vehicle must be used at least 50% for business. A car that will be used only for personal use isn’t suitable for a low doc car loan, but we can talk you through other car finance options.
With 49+ lenders on our panel, you’re not limited to one bank’s rules. We start with a soft credit check that doesn’t affect your credit score, then work through your situation with you and only apply to the lender whose criteria best match it. The lender makes the final decision, and approval is subject to lender criteria.
