No Doc Finance
No Doc loans on selected equipment for when you don’t have the required documentation
No Doc with Rates from 5.75%
The No Doc finance product has a set and strict criteria around director and company credit scores, business age and asset type. The advantage of this option is a 5- 10 min application and approvals are generally received within 2 hrs with the capacity of settlement next day.
Equipment
- Commercial Vehicles (up to 12t GVM)
- Mini-buses and Route Buses (up to 25 seats)
- Yellow Goods with Wheels & Tracks – Civil construction, Excavators, Forklifts, Loaders, Material handlers & Rollers
- Trailers (up to 10T)
- Wheeled and Tracked equipment
- Caravans
- Motor vehicles up to 4.5T
Business
- Minimum 2 yrs ABN + 1 yr GST
- Company Credit Score 700+ (N/a for Sole Traders & Partnerships */ See Director/Owner)
- Max equipment Age 15yrs end of term
Director / Owner
- Clear Credit File (No Defaults)
- Personal credit score 700+
- Property Owner OR 20% deposit – (NB: Property can be in partners name)