At MoneyQuest Wollongong, we know that self-employed individuals and small business owners can face challenges providing the traditional income documentation required for standard loans. That’s why we connect you with flexible low doc loan options, designed to make financing more accessible.

A low doc car loan is ideal for self-employed people or businesses that may have trouble verifying income or experience irregular cash flow. It provides an alternative by accepting documents such as bank statements, Business Activity Statements (BAS), or an accountant’s declaration.

While low doc loans offer greater flexibility, lenders may consider them higher risk, which can result in higher interest rates and restrictions on the maximum loan-to-value ratio (LVR). However, these loans remain a valuable solution for those who may not qualify for traditional financing.

At MoneyQuest Wollongong, we work with a large panel of lenders offering low doc loans tailored to a variety of needs. Reach out to one of our brokers today to explore your options and find a solution suited to your circumstances.