Low doc car loans

Get your business car financed with Metro’s low doc loans, tailored for sole traders and your small business

What is a low doc loan?

The easy financing solution for sole traders, small business owners, start-ups, and more.

As a small business owner or sole trader, time is money, which means you may not have the time to spare to complete extensive paperwork or dig up business records to apply for a loan for that asset that will take your enterprise to the next level.

At Metro Finance, we get you and your business, which is why we offer low doc car loans. 

Low doc loans work the same way as a regular loan, without the extra paperwork. All we need is an application form, a signed privacy consent and proof of ID to get started.

Drive your business further with Metro Finance

Metro is the award-winning non-bank lender that gets small business and offers tailored commercial finance solutions for a range of assets and purposes. 

Best of all, our fast turnaround and reliable, personalised service means that you can keep your business moving, with the confidence and support of being backed by a lender that has financed over $10 billion in loans and helped over 120,000 customers. 

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Fast

We get it – time is in short supply when you’re running a business, which is why we offer a fast and streamlined loan application and approval process.

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Trusted

At Metro, we pride ourselves on being a trusted partner to businesses of all sizes and offering a suite of lending packages tailored to suit a range of assets and business uses including self-employed car loans and low doc business car loans.

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Value

As a leading non-bank lender, Metro offers competitive interest rates with no hidden fees to provide the best possible value, transparency and surety for your business. 

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Results

Results matter in business, which is why everything we do at Metro is focused on delivering for our customers and their needs. With flexible loan terms ranging from 2 to 5 years and loan values available from $10,000 to $500,000, you can rely on Metro to get your business to where you need it to be. 

An Easy low doc loan process

There are many benefits to a low doc car loan, but here are some of the main points to consider if it is right for you:

Eligibility requirements and documents

Applying for a low doc loan couldn’t be simpler once you meet the following eligibility requirements:

  • You have been qualified by a certified broker
  • You are an ABN holder or a company director
  • You have a clean credit history
  • You have access to 6-12 months of business bank statements
  • You accept that your low doc loan will be secured against the asset being financed 

Want to go greener?

Our MetroEco product offers discounts and flexible terms for a range of green assets including electric vehicles and charging technology. To find out more, head to our MetroEco information page here, or talk to one of our friendly brokers.

FAQs

What’s the difference between a low doc loan and a regular loan?

Explain that a regular loan requires documentation and proof of trading for businesses, which small businesses and self-employed people won’t have. Explain that a low doc loan works the same way as a regular loan but requires less paperwork.

Note that the fees and associated amount varies and encourage user to speak with their broker for more information on the fees they will have to pay

List common fees with a short description:

  • Origination fee
  • Establishment fee
  • Early repayment fee
  • Account keeping fee

Confirm that low doc loans covers new and used cars, electric vehicles, and hybrids

Explain what a secured car loan is and its difference over an unsecured car loan

Commercial Finance

Competitive business loans for vehicles and equipment

Personal Finance

Flexible loan terms and competitive finance rates. ​

Novated Lease​

Salary packaged through an employer or salary packager. ​

Broker Portal

Efficient and easy to use, catering to all borrowing types.

Let Metro Finance help you elevate your business

To find out more about low doc car finance offered by Metro, or to start a loan application, talk to one of our friendly team members, a member of our Metro-certified broker network or a salary package introducer.

Alternatively, give us a call on 1300 362 627 and speak to a friendly Metro customer service adviser.