Secure your car loan with minimal paperwork. Perfect for self-employed, sole traders, and business owners who have an ABN. We compare 40+ specialist lenders who understand your situation.
Low doc car loans accept alternative income proof like bank statements, BAS statements, or an accountant's letter instead of payslips. They're designed for self-employed individuals and business owners with an active ABN who don't have traditional employment documentation. The vehicle still acts as security, and you can access competitive rates comparable to full documentation loans.
Prove your income with bank statements or accountant letters instead of payslips. No tax returns required.
Designed for sole traders, contractors, and business owners with non-traditional income streams.
Specialist lenders who understand self-employment can approve your loan quickly, often within 24 hours.
Access rates comparable to standard loans when you work with the right lender. Low doc doesn't mean high rates.
Low doc car loans are ideal for self-employed professionals, contractors, small business owners, freelancers, and sole traders who have irregular income or don't have traditional payslips. If you have an active ABN (typically for 6-12 months) and can show steady cash flow through bank statements or BAS reports, you can qualify for competitive car finance without the hassle of extensive paperwork.
Common documentation includes recent business bank statements (3-12 months), BAS reports, or an accountant's letter confirming your income. You'll also need proof of identity and residence. The vehicle must be used predominantly for business purposes, and most lenders prefer applicants with a good credit history.
Don't just take our word for it. Here's what our clients have to say about their experience working with Emma and the iLoans team.
"Emma has helped my clients with multiple equipment finance solutions and has been nothing short of amazing. From start up businesses to established businesses wanting to grow, Emma has always been able to assist with multiple options pertaining to equipment and asset finance. 5 stars is not enough!"
nznozee
"Emma is absolutely Amazing! Has helped me and my family out so much! No way in the world we could of got what we got without her help and she made it so simple and easy too. Definitely recommend! I'm sure we will need your help again one day!"
Hollie Waller
"Emma at iLoans was friendly, professional, efficient and super speedy in getting us a loan at a great rate. I would definitely recommend her if you are looking for a loan. We secured the funds so quickly and were able to buy the car we wanted. Thanks Emma!"
Rachel Mullan
"Thanks to Emma and Iloans team for their past & current assistance, with helping us establish our business & personal borrowing. Great customer service and ongoing support, looking forward for the next project. Thanks Em"
Allan Donald
"Emma, We at Prendergast Fasteners cannot Thank You enough. You have achieved everything we have asked of you over the last 10 years. When running several businesses we do not have the time to handle our commercial finances and dealing with you makes our life so easy, yet professional from beginning to end. Thank You for all you do."
Deb Prendergast
Prendergast Fasteners - Accounts
"I have used Emma at iLoans on numerous occasions for both personal and business based loans. In an ever increasing competitive market place, its her Level of customer Service, knowledge and a sense that nothing is too much trouble that makes myself and many others coming back!"
Carl Witherspoon
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