process
What documents do I need for low-doc asset finance?
Short answer
Low-doc asset finance typically needs an automated ABN/GST lookup, director photo ID such as a driver licence, 3 to 6 months of business bank statements, and the asset invoice or quote. Full financials such as tax returns or BAS are not required for applications that fit lender low-doc policy.
Last reviewed 8 September 2026 by AssetMX.
Direct answer
A low-doc asset finance application on AssetMX needs four things: your ABN and GST status (checked automatically), director photo ID, recent business bank statements, and the asset invoice or quote. Full financials such as tax returns or BAS are not required for applications within lender low-doc policy.
The document checklist
| Document | Purpose | Notes |
|---|---|---|
| ABN/GST lookup | Confirms business registration and GST status | Automated, no upload needed |
| Director ID | Verifies identity of the guarantor(s) | Driver licence is standard |
| Business bank statements | Bank-statement verification of trading activity | 3 to 6 months |
| Asset invoice or quote | Confirms what is being financed and its price | Invoice needed by settlement; a quote is enough for conditional approval |
Why full financials are not required
Low-doc asset finance is built for ABN businesses that fit a lender’s low-doc policy: an ABN active for 24 or more months, GST registered, at least one director or guarantor, and business use of the asset. Because the application is verified through bank statements and automated ABN/GST checks rather than full financial statements, tax returns and BAS are not needed for a standard application. A lender may still request them if the deal is larger or more complex, or falls outside standard policy. See low-doc asset finance requirements for the full eligibility criteria.
Private sale documents
If you are buying from a private seller rather than a dealer, you will also need a contract of sale or similar written agreement instead of a dealer invoice, and the asset may need an inspection. See private sale asset finance for details.
Where to next
Once your documents are ready, get an indicative quote from the home page or check current lender policies for what applies to your situation.
This is general information only and does not take your circumstances into account. It is not financial, tax or legal advice.
Sources
Related questions
Do I need to upload my ABN or GST registration?
No. ABN and GST status are checked automatically as part of the application.
What if I do not have an invoice yet?
A written quote from the dealer or seller is enough to get a conditional approval. The final invoice is needed before settlement.
Will I need tax returns?
Not for a standard low-doc application that fits lender policy. A lender may ask for tax returns or BAS for a larger or more complex deal.
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Trading 2+ years · Clean credit · Vehicles, trucks or equipment for business use