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Low Doc Car Loan — Fast Approval for ABN Holders
No tax returns required. Approval in 24 hours.
CarFund arranges low doc car loans exclusively for self-employed Australians and ABN holders. With over 20 years experience and access to specialist lenders including Angle Finance, Pepper Asset Finance and Metro Finance, we know how to get deals approved fast — without the paperwork banks demand.
What Is a Low Doc Car Loan?
A low doc (low documentation) car loan is designed for self-employed borrowers who can’t provide standard payslips or two years of tax returns. Instead the lender just relies on the length of ABN registration as a minimum and various other factors like GST or no GST, property or non property owner ect.
At CarFund, we do not require tax returns.
Who Qualifies for a Low Doc Car Loan?
Low doc car loans are available to any ABN holder using the vehicle primarily for business. This includes:
- Sole traders and contractors
- Tradespeople — builders, plumbers, electricians, carpenters
- Owner-operators in transport and logistics
- Real estate agents and mortgage brokers
- Farmers and agricultural business owners
- Small business owners across any industry
What Documents Do You Need?
For most applications you’ll need:
- Proof of identity (driver’s licence and sometimes Medicare card)
- Your ABN (we verify directly with the Australian Business Register)
No tax returns. No payslips. No profit and loss statements.
Low Doc Car Loan vs. Standard Car Loan
| Low Doc Car Loan | Standard Car Loan | |
|---|---|---|
| Tax returns | Not required | Usually 2 years required |
| Suited to | Self-employed / ABN holders | PAYG employees |
| Approval time | 24 hours | 3–7 days |
| Finance structures | Usually a Chattel mortgage | Personal loan, secured car loan |
| Deposit required | None for Property owners, sometimes zero for non property holders | Often yes |
Why Choose CarFund?
- 20+ years experience — exclusively in car, truck and equipment finance for ABN holders
- Specialist lenders — including Angle Finance and Pepper Asset Finance
- Pre-approvals — get approved before search for your car or business asset
- 24-hour approval — settlement in 2–3 business days
- No tax returns required
What Our Clients Say
“Shaun got me a truck loan when no one else could. He was super helpful and patient, and exhausted every option to find me a positive outcome. Highly recommended if you want minimal fuss and prompt service.”
“This is the third business vehicle we financed with Shaun. He does most of the lifting and shifting on your behalf and makes it very transactional and simple. In all three cars, Shaun was so efficient we were generally waiting on the dealership — not on finance.”
“I was in a tricky situation — self employed, no current financials, with some personal issues. My previous car had just blown its engine. Shaun got it across the line so I could buy a replacement car. I can’t thank Shaun and CarFund enough.”
Read more client testimonials →
How It Works
Step 1 — Get a free quote (5 minutes)
Click Here
Step 2 — Submit your application (10 minutes)
Complete our simple online form here
Step 3 — Approval (within 24 hours)
We submit to the most suitable lender from our panel.
Step 4 — Settlement (2–3 business days)
We arrange payment directly to the dealer or private seller. You pick up your vehicle.
Get a Quote Now — No Impact on Your Credit Score →
Frequently Asked Questions
Can I get a low doc car loan with a brand new ABN?
Sometimes. CarFund has some solutions for new businesses and fresh ABN holders. Contact us to discuss your situation before applying.
Do I need a deposit?
Property owners typically require no deposit. Non-property owners may need a deposit depending on their overall profile — assessed case by case.
Can I finance a used vehicle?
Yes. We arrange finance for new and used vehicles purchased from dealers, private sellers, or at auction.
Will applying affect my credit score?
Getting a quote does not impact your credit score. A formal credit check is only run once you proceed with a full application.
What is the maximum loan amount?
CarFund arranges low doc car finance from $10,000 up to $500,000.
What is a chattel mortgage?
A chattel mortgage is the most popular finance structure for self-employed Australians. The lender funds the full purchase price and you register the vehicle in your name immediately. Key benefits: instant GST claim, tax-deductible interest, and depreciation claims. Learn more about chattel mortgages →
Can I get a low doc car loan with bad credit?
Minor defaults or limited credit history are often manageable, particularly with strong assets or a solid ABN history. Contact us for an honest assessment before any formal credit check is run.
Ready to Apply?
CarFund is Australia’s specialist for low doc and no doc car finance for ABN holders. 20+ years experience. Macquarie Bank and Capital Finance on our panel. Approval in 24 hours.
No tax returns. No payslips. No hassle.