For many small business owners, having the right vehicle isn’t a luxury — it’s essential to generating income. Whether you’re a tradie, contractor, or growing business, low doc vehicle finance can make it easier to upgrade or expand your fleet without the burden of full financial statements.
Thinking about upgrading your business vehicle this year?
👉 Talk to AAA Finance about low doc vehicle finance options today.
What is low doc vehicle finance?
Low doc (low documentation) vehicle finance is designed for ABN holders who may not have up-to-date tax returns or full financials available. Instead of traditional documentation, lenders assess applications using alternative forms of income verification.
It’s a popular option for:
- Sole traders
- Contractors
- Tradies
- Small business owners
- Companies with an active ABN
What documents are required?
Documentation requirements vary depending on:
- The lender
- How long your ABN has been active
- Whether you are GST registered
- The type, age and value of the vehicle
Documents may include:
- BAS statements
- An accountant’s letter
- Business bank statements
- Tax returns (in some cases)
Not every lender requires the same information. At AAA Finance, we match your situation to the lender most likely to approve your application with minimal fuss.
Not sure what documents you’ll need?
👉 Our team can quickly assess your situation and match you with the right lender.
What vehicles can be financed?
Low doc vehicle finance can be used for any type of vehicle used by the business to generate income, including:
- Cars and SUVs
- Utes and vans
- Trucks and heavy vehicles
- Specialty and industry-specific vehicles
Whether it’s a single work vehicle or a fleet expansion, the finance structure can be tailored to suit your business needs.
Potential tax benefits
Business vehicle finance may offer several tax advantages, depending on your circumstances. These can include:
- Claiming the GST on the purchase price (if GST registered)
- Depreciating the vehicle over its effective life
- Claiming the interest on the loan as a business expense
Tax outcomes vary, so it’s important to always check with your accountant to ensure the structure is right for your business.
Want to structure your finance the right way from the start?
👉 We’ll work alongside your accountant to ensure the finance suits your business.
Why choose low doc Vehicle finance?
Low doc finance helps business owners:
- Keep vehicles up to date and fit for purpose
- Upgrade to larger trucks or vehicles as the business expands
- Move into more fuel-efficient models to reduce running costs
- Turn vehicles over regularly — typically every 5 to 7 years
- Preserve cash flow for day-to-day business operations
Rather than running vehicles into the ground, many businesses use finance strategically to maintain reliability, presentation, and productivity.
Why use a broker?
Low doc finance is not one-size-fits-all. Using a broker like AAA Finance means:
- Access to a wide panel of low doc lenders
- Help structuring finance with options like balloon payments
- Very competitive interest rates
- Guidance on lender policies and approval criteria
- A smoother, faster approval process
We take the time to understand your business and structure the finance in a way that supports your growth — not restricts it.
Ready to upgrade your business vehicle?
✔ Competitive low doc options
✔ Flexible loan structures
✔ Fast approvals
👉 Get a low doc vehicle finance quote today
👉 Apply for pre-approval now
