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Low Doc Truck Finance

Banks that offer Low Doc Loans have set and very strict lending guide lines. Clients that require a Low Doc loan must be home owners (have a mortgage) must have a ABN registered for at least 2 years and last but not least have a clear credit history. (NO defaults, paid or unpaid) Low Doc loans lenders sometimes cap the loan amount to a maximum of 35K.

This is a case by case scenario.Providing you meet all of the above criteria then these Low Doc Loans are definitely an option for you and your business. Gone are the days when Low Doc Lending attracted exorbitant interest rates, expect middle of the road rates for the goods you are purchasing.

Here is a list of goods, Low Doc Loans can be used to purchase:

• Truck Finance
• Business Vehicle Loans
• Computer Hardware
• Earthmoving Equipment (Excavators, Bobcats, Backhoes)
• Industrial Machinery (Lathes, Presses, Compressors)
• Medical Equipment
• Farm Equipment (Tractors, harvesters)

As you can see providing you meet the initial requirements in the first paragraph, then these are some of the easiest loans to gain an approval for. Dealer sales are preferred for a low doc purchase however private purchases are sometimes OK. Please call to discuss this option with a qualified Cando finance manager today.

This is one of the easiest finance applications on the market and is a genuine Low Doc Loan, no financials will be requested, no accountants letters. If you meet the above criteria then there is a very, very good chance of receiving an approval in 4hours! Maybe sooner.

 

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