Low Doc Business Loans
Need business finance but do not have time to chase financials from your accountant? Low doc business loans are assessed on your bank statements - not tax returns or financial reports. Fast approval, minimal paperwork, designed for busy Australian business owners.
Bank statements only. Same-day approval. Self-employed friendly.
Business Finance Without the Paperwork Headache
Traditional business loans can feel like an admin nightmare. Tax returns from the last two years. Profit and loss statements. Balance sheets. Accountant letters. For many small business owners - especially those who are self-employed - these documents are not sitting ready in a drawer.
Low doc business loans offer a simpler path. Instead of requiring formal financial statements, lenders look at your actual bank statements to see your real cash flow and business activity. If your business is generating revenue and managing its finances well, that is what matters.
This means faster approvals, less back-and-forth with your accountant, and getting the funds you need without weeks of document gathering.
What You Need for a Low Doc Loan
The documentation requirements are refreshingly simple
What You DO Need
- 3-6 months business bank statements
- ABN registered for 6+ months
- Driver licence or passport (ID)
- Basic business details
What You DON'T Need
- Tax returns
- Financial statements (P&L, balance sheet)
- Accountant prepared reports
- Business plan or projections
Why Choose a Low Doc Business Loan?
Designed for busy business owners who value speed and simplicity
Minimal Documentation
No tax returns, no financial statements, no accountant letters. Most low doc loans only need 3-6 months of bank statements.
Fast Turnaround
Less paperwork means faster processing. Many low doc applications are approved same-day with funds available within 24-48 hours.
Self-Employed Friendly
Designed for business owners who may not have traditional financials ready. Perfect for sole traders, contractors, and growing businesses.
Cash Flow Based
Lenders look at your actual bank transactions to understand your business, not just what shows on formal financial statements.
How Low Doc Loans Work
A streamlined process designed for simplicity
Simple Application
Complete our quick online application. Tell us about your business and how much you need - takes less than 5 minutes.
Provide Bank Statements
Share 3-6 months of business bank statements. Many lenders can access these digitally - no manual uploads needed.
Fast Assessment
Lenders review your cash flow and revenue from the statements. No waiting for accountants or financial reports.
Quick Funding
Many applications are approved same-day. Once approved, funds can be in your account within 24-48 hours.
Checking your options won't affect your credit score
Who Are Low Doc Loans For?
Low doc lending suits business owners who have strong cash flow but may not have traditional financials ready
Sole Traders
One-person businesses without complex financial structures
Contractors
Tradespeople and service providers working on contracts
New Businesses
Businesses without years of financial history yet
Growing SMEs
Small businesses focused on growth, not paperwork
Seasonal Businesses
Variable income that does not fit traditional lending models
Cash Businesses
Strong revenue but complex financials to document
Low Doc vs Full Doc: What is Required?
Low Doc Loan Details
Here is what you can expect from our low doc business loan options:
Quick Eligibility Check
You are likely eligible for a low doc business loan if:
- Your ABN has been registered for 6+ months
- You have at least $10,000 monthly turnover
- You can provide 3-6 months of bank statements
- You are an Australian citizen, PR, or eligible visa holder
Low Doc Business Loan FAQs
Common questions about low documentation business finance
A low doc (low documentation) business loan is a type of finance that requires minimal paperwork compared to traditional bank loans. Instead of requiring tax returns, financial statements, and accountant-prepared reports, low doc loans are typically approved based on bank statements and basic business information. They are designed for self-employed people and small business owners who may not have formal financials readily available.
Most low doc business loans require: 3-6 months of business ...
Most low doc business loans require: 3-6 months of business bank statements, proof of ABN registration, identification documents (drivers licence or passport), and sometimes recent BAS statements. That is typically it - no tax returns, profit and loss statements, or accountant letters required.
Low doc loans are ideal for: self-employed business owners, ...
Low doc loans are ideal for: self-employed business owners, sole traders and contractors, businesses with up-to-date bank statements but not current financials, newer businesses without years of financial history, and anyone who needs fast access to funds without the wait for accountant-prepared documents.
Low doc business loans typically range from $5,000 to $500,0...
Low doc business loans typically range from $5,000 to $500,000 depending on your business revenue, time in business, and the lender. Your borrowing capacity is usually determined by your monthly turnover as shown in your bank statements.
Low doc loans often have slightly higher interest rates than...
Low doc loans often have slightly higher interest rates than full doc loans because the lender has less financial information to assess risk. However, rates vary significantly between lenders, and we work to find competitive options. Many business owners find the speed and convenience worth a small rate premium.
Low doc loans are typically much faster than traditional bus...
Low doc loans are typically much faster than traditional business loans. Many applications are approved same-day, with funds available within 24-48 hours. The simplified documentation requirements mean less processing time.
Yes, many low doc lenders focus more on your current busines...
Yes, many low doc lenders focus more on your current business cash flow than past credit history. If your business is generating consistent revenue, options may be available even with previous credit issues. We work with specialist lenders who consider the full picture.
Low doc business loans can be used for any legitimate busine...
Low doc business loans can be used for any legitimate business purpose including working capital, inventory, equipment, marketing, expansion, cash flow management, or tax obligations. The flexibility is the same as any business loan.
Still have questions? Contact our friendly team