eligibility
Can I get equipment finance without financial statements?
Short answer
Yes. Low-doc asset finance lets an ABN business trading 24+ months and registered for GST borrow $5,000 to $500,000 without tax returns or full financials, provided the deal fits lender low-doc policy.
Last reviewed 8 September 2026 by AssetMX.
Direct answer
Yes. Low-doc asset finance is designed specifically for equipment finance without tax returns or full financial statements. An ABN business trading for 24 months or more, registered for GST, with at least one director or guarantor, can typically borrow between $5,000 and $500,000 for business equipment, provided the application fits the lender’s low-doc policy.
What is checked instead of financials
Instead of tax returns and full financials, a low-doc application is assessed using:
| Item | Purpose |
|---|---|
| ABN/GST lookup (automated) | Confirms trading history and GST registration |
| Director ID (driver licence) | Identity verification |
| 3-6 months business bank statements | Verifies cash flow |
| Asset invoice or quote | Matches the loan to the equipment being financed |
When financials might still be requested
Low-doc policy covers most standard equipment purchases within the $5,000 to $500,000 range. For a larger or more complex deal, a lender may still ask for further documents, such as financials, at its own discretion, even though this is not required for a standard in-policy low-doc application.
Why this works for established businesses
A 24-month trading history and GST registration give a lender enough confidence in the business without needing to review its full financial history, which is why the process can move quickly for equipment purchases that fit within policy.
Where to next
Check the full eligibility list at low-doc asset finance requirements, or start a quote on equipment finance.
This is general information only and does not take your circumstances into account. It is not financial, tax or legal advice.
Sources
Related questions
What replaces tax returns in a low-doc application?
An automated ABN/GST lookup, director ID, 3 to 6 months of business bank statements and an asset invoice or quote, rather than tax returns or full financial statements.
Will a lender ever still ask for financials?
For larger or more complex deals a lender may request further documents at its discretion, even under a low-doc pathway.
Is there a minimum trading history?
Yes, the ABN needs to have been active for at least 24 months, along with current GST registration.
Ready? Three questions, then we take it from there.
One flat $800 fee, disclosed before you start. Nothing touches your credit file until you say so.
Trading 2+ years · Clean credit · Vehicles, trucks or equipment for business use