Low Doc Car Loans
Low Doc Car Loans for commercial self employed applicants only.
*Low Doc car loans are still available, call us for a quote on
1300 LOW DOC 1300 569 362*
The below rates for Low Doc Car Loans are current and updated daily.
Please note this product is only available for commercial clients for business purposes.
Interest rates for low do car loans have been reduced
Fixed rates from
6.7%*
Motor vehicle deals for eligible commercial clients without the need to provide financials* subject to meeting the following guidelines:
To qualify for these low doc car loans the vehicle must be purchased from a licensed dealer.
Low Doc car loans – property owner – NO DEPOSIT LOAN
- Passenger cars or commercial vehicles up to 4.5 tonnes GVM only
- Maximum loan amount (including , insurances etc) of $75,000
- New and used vehicles up to four (4) years old
- Supplied via a licensed dealership (no private sales)
- No negative equity to be financed
- ABN held and gst registered for a minimum of 24 months by applicant (in acceptable industry)
- Verified property owner with equity
- Satisfactory Credit Report on applicant and guarantors
- Standard rates, terms and residuals/balloons to apply
- Total exposure is less than $200,000*.
*To find out more, please call us for a quote, on 1300 LOW DOC, 1300 569 362*
Low Doc car loans – non property owner.
- Passenger cars or commercial vehicles up to three (3) tonnes
- Maximum loan amount ( insurances etc) of $70,000 after deposit
- Minimum 30 percent deposit required on all loans
- New and used vehicles up to four (4) years old
- Supplied via a licensed dealership (no private sales)
- No negative equity to be financed
- ABN held and gst registered for a minimum of 24 months by applicant (in acceptable industry)
- Satisfactory Credit report on applicant and guarantors
- Standard rates, terms and residuals/balloons to apply
- Total exposure is less than $150,000*.
Please note this product is only available for commercial clients where bona fide business use can be verified.
* Rate displayed is for CHP new vehicle over $60,000