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NO-DOC AND LO-DOC
LOANS
There are many borrowers who are self employed, sole
traders, companies, partnerships and so on who have difficulty
obtaining finace because they cannot show a lender enough income
to qualify or they may be new in business. Whatever the reason
you may require a no-doc, a lo-doc or a lite-doc loan.
These loans must be for a commercial or investment purpose and
may be for the purchase of cars, business equipment, trucks,
machinery and heavy equipment. sadly we do not have a lender in
this category who can finance boats, bikes, caravans, campers or
general equipment that would not normally be used for
business.
Just the same, this type of lending services an important niche
and we are proud to have lenders on our panel who can assist our
dinkum customers in these areas.
To explain further for those who have never heard of this type of
loan:
LO-DOC / LITE-DOC otherwise known as a low document
loans means that a lender may require you to supply some
documentation such as bank statements or BAS statements but you
will not need to supply Tax returns.
NO-DOC otherwise known as a no document loan means you will not
need to supply any proof of income whatsoever.
To qualify you must have an Australian Business Number or ABN
that has been registerd for at least 2 years and in some cases be
a home property owner or buyer (but this is not essential).
Call us at Dinkum
Loans to find out more or
apply online.
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APPLY FOR A LO-DOC
LOAN
Dinkum Loans operates as a broker
and uses an extensive panel of lenders to source loans.
We make every endeavour to ensure all our
valued clients are informed and advised throughout the whole loan
process.
If you would like to know more about this product or any product
offered at Dinkum Loans feel free to drop us a line via email or
our contact page.
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