It works just like a normal Full Doc business loan; however our Low Doc Business Loans don’t require tonnes of documentation on past financial performance, etc. Lo Doc Business Loans are perfect for businesses that find difficulty to provide traditional banks with relevant financial records.
NO. As long as the loan is for a business purpose and there is enough equity in real estate security, we will fund you in 24 hours and you can use the funds for whatever business needs you have.
No. We don’t offer lines of credit. Line of Credit loans tend to be a noose around the neck of small businesses as they are debts that never seem to be repaid. Our Low Doc Business loans are loans that are here to help you today; and are gone in a short space of time. […]
Yes absolutely. Even if you aren’t a PTY LTD Company, as long as you have an ABN (Australian Business Number) and the loan is for a business purpose and there is enough equity in real estate security, we will fund you in 24 hours.
Usually the answer is yes, however we are very different. With us, a poor credit history or poor credit score is not generally never an issue. We are a true asset lender, so we don’t look at the past. We look at the future.
YES it is possible, however the asset has to be purchased in a company name,
A Low Doc Business Loan is a type of loan that is designed for small business owners who may not have traditional documentation to support their loan application
Low Doc Business Loans can come in various forms, including unsecured loans based on creditworthiness, secured loans with collateral, merchant cash advances based on future credit card sales, invoice financing for advance payment of outstanding invoices, and asset-based loans using business assets as collateral.
The amount that can be borrowed with a Low Doc Business Loan depends on factors such as the lender’s policies, the borrower’s creditworthiness, and the collateral offered
Consider the interest rate, loan amount, eligibility criteria, fees and charges,.