Low doc asset & equipment finance
Up to $250k for equipment, fit-outs & work vehicles — without full tax returns
ABN 2+ years and property-backed? We can get you aproved in as little as 4 hours for machinery, medical gear, café equipment, fit-outs and the work vehicles that keep everything moving.
Fit check
Is low doc asset finance right for your business?
Low doc asset finance is built for ABN-registered businesses that need to keep upgrading gear without stopping to produce full tax returns. If you’re already trading and just need the right equipment, this is usually the fastest play
It’s usually a strong fit if:
- You’ve held an ABN for 2+ years
- You’re property-backed.
- You’re upgrading machinery, yellow goods, medical equipment, café gear or a commercial fit-out.
It might not be for you if:
- You have a new business.
- You’re borrowing mainly for pure cashflow.
- You want to finance mostly personal-use items.
If you’re mainly chasing cashflow, start with the Business Loans
Low doc requirements
What you’ll need (low doc, that’s it)
For most low doc asset deals up to around $250k, lenders are really looking for three things. If you’ve got these covered, we can usually get your deal moving quickly.
Your ABN and trading history
Who you are, what you do and how long you’ve been trading. Established ABN holders with 2+ years of solid trading history sit right in the low doc sweet spot.
Basic income evidence
A handful of recent bank statements, simple BAS or a short self-declaration, depending on the lender. No 60-page financials or fully polished tax returns.
Security & support
The asset being financed plus, in many cases, property or a director’s guarantee. It shows you’ve got skin in the game and gives lenders confidence if anything changes.
If your history is a bit messier or you’re unsure what you can provide, we’ll tell you straight whether a low doc structure will actually work – or whether a more traditional equipment finance deal makes more sense.
What you can finance
What you can finance with low doc asset finance
If it’s 50%+ business use and helps you make money, we can usually place it under asset finance.
🛠️ Heavy machinery
Excavators, loaders and other yellow goods.
🔧 Workshops & plant
Hoists, CNC and plant & equipment.
🏥 Clinics & medical
Medical & dental equipment, chairs, lasers.
☕ Cafés & venues
Coffee machines, kitchen gear, front-of-house – see the Café Hub.
💻 Office & fit-outs
POS, IT, furniture and fit-out finance.
🚚 Work vehicles in the mix
Utes & small trucks that support your gear. Vehicle-only? Low Doc Vehicle Finance.
Unsure if it fits? If it has a clear business use and reasonable useful life, we’ll tell you quickly.
Why Switchboard?
Why Switchboard for low doc asset finance
We live in the low doc space every day – for gear, machinery, fit-outs and vehicles. The whole point is to keep it simple, move fast and make sure the deal actually works for your cash flow long term.
Built around ABN owners, not bank rules
We know how different lenders look at ABN age, trading history and light docs. Instead of guessing, we match you to the right low doc policy from the start so you’re not burning credit enquiries.
One plan for gear, vehicles and cashflow
We don’t just look at one excavator or coffee machine. We line it up with your equipment finance, low doc vehicle finance and business loans so the whole picture fits your loan servicing and growth plan.
Straight talk, fast answers
No bank speak. We’ll tell you quickly if low doc will work or if a different structure makes more sense. Most of our clients find us through the Business Owners Hub, Tradie Hub or Whitecoat Hub and stay because it feels like dealing with a mate who knows the lender matrix inside out.
Benefits of Low Doc Asset Finance
Low doc asset finance lets you upgrade machinery, medical gear, café equipment and fit-outs without tying up your cash. Same low doc engine as your vehicles – just tuned for asset finance and equipment finance.
Fast approvals
Strong ABN holders with solid trading history can often get low doc decisions in 24–48 hours once the basics are in.
Minimal paperwork
No full financials – just ABN details, bank statements, light BAS or a brief self-declaration.
Flexible structures
Choose between chattel mortgage, hire purchase or finance lease, with terms and balloons shaped around your cash flow.
Protect working capital
Spread the cost of big-ticket assets instead of draining working capital you need for wages, rent and stock.
Potential tax advantages
Interest, depreciation and instant asset write-off rules may apply to depreciating assets. Your accountant can confirm how this applies to you.
Build business credit
On-time repayments help strengthen your business credit report and future borrowing capacity.
How it works
Low doc asset finance in 3 steps
Straightforward process to get your gear, machines or fit-out sorted without full financials.
Quick chat
Tell us what you’re buying, rough cost and how long you’ve had your ABN.
We line it up
We pick a lender, term and repayment that fits your cash flow and send you the numbers.
Sign & get your gear
Sign the docs online, supplier gets paid and your gear is delivered or installed.
Got questions?
Low doc asset finance FAQ
Quick answers on how low doc works for your gear, machines, clinic equipment and fit-outs.
What is low doc asset finance? ›
What kind of gear can I use it for? ›
How much can I borrow on low doc? ›
What docs do I actually need to show? ›
Can I mix assets, vehicles and cashflow in one plan? ›
Next step
Ready to sort the gear for your business?
If you’re upgrading machines, tools, clinic gear or a fit-out, we can line up a low doc asset deal that fits your cash flow. If it’s mainly utes or trucks, jump over to our Low Doc Vehicle Finance page instead.