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Low Doc Loans

Some businesses have irregular income or may not meet the stringent financial criteria of traditional loans. With access to over 40 lenders, we specialise in providing finance with BETTER flexibility. 

What are low doc loans?

At Better Money, we understand that every business is unique, and traditional loan application processes may not always fit your needs. That’s where low doc Loans come into play. These loans offer a simplified and accessible way for self-employed individuals and business owners to secure financing without the usual documentation requirements. Low Doc Loans can be tailored to your specific needs. We work with you to structure a loan that suits your situation.

Introduction to low doc loans

The perfect solution for busy entrepreneurs

Low Doc Loans, short for “low documentation loans,” are designed to make the borrowing process easier for self-employed individuals and business owners. Unlike traditional loans that require extensive documentation, low doc loans have simplified requirements, making them an ideal choice for those with limited paperwork or irregular income streams.

Why Consider a Low Doc Loan

Low doc loans offer several advantages, including:

  • Minimal documentation: Avoid the hassle of extensive paperwork.
  • Quick approval: Enjoy faster loan approval and funding.
  • Tailored solutions: Find a loan that fits your unique financial situation.

Why choose Better Money for low doc loans?

Your partner in simplified borrowing

Better Money is your ideal choice for securing a line of credit, and here’s why:

Expert guidance:

We specialise in matching self-employed individuals and business owners with suitable lenders that don’t require you to jump through hoops to get funded

Easy 90 second online application:

Our simplified online application process saves you time and effort. Designed to help you get on with it whilst we look after the details.

Tailored solutions:

We work to find the right low doc loan  solution that aligns with your business needs.

Access to over 40 Lenders:

We leverage our extensive network of lenders to match you with the most suitable financing options, ensuring you always get a BETTER options.

Simplify your borrowing experience with Better Money

With Better Money we simplify the borrowing process and access the financing you need to grow your business.

How low doc loans work

Streamlined borrowing process

Understanding how low doc loans work is crucial:

  • Reduced documentation: Instead of extensive financial statements, provide alternative proof of income and financial stability. 
  • Loan application: Better Money will work with the over 40 lenders to support your application and secure funding
  • Loan approval: Once approved, you’ll receive funds to support your business needs.

Key features and benefits

Empowering your business

Low doc loans come with essential features and benefits, such as:

  • Flexible documentation: Provide alternative income evidence, such as an accountant’s declaration.
  • Competitive interest rates: Access financing with competitive interest rates.
  • Customised solutions: Find a loan tailored to your unique financial situation.

Unlocking financial opportunities

Low doc loans enable you to:

  • Invest in business expansion.
  • Get funding without supplying detailed documentation 
  • Manage cash flow fluctuations.
  • Seize growth opportunities.
  • Access funds quickly without extensive paperwork.

Common uses of low doc loans

Versatile financing for your business

Low Doc Loans can be used for various purposes, including:

  • Expanding your business operations.
  • Investing in new equipment or technology.
  • Bridging cash flow gaps.
  • Funding marketing campaigns or special projects.

Discover how Low Doc Loans can empower your business financially.

Eligibility Criteria

Qualifying for a low doc loan

Eligibility for a Low Doc Loan may include:

  • Proof of self-employment or business ownership.
  • A minimum business operating history (Usually at least 12 months).
  • Asset backed (Property ownership)
  • GST Registered

Our team at Better Money can assist you in determining your eligibility.

Application Process

Simplified borrowing at your fingertips

Applying for a Low Doc Loan with Better Money is straightforward:

  • Start by completing our 90 sec online application.
  • Provide essential information about your business and financing needs.
  • Let us navigate the lending landscape to provide you with BETTER options
  • Upon approval, access the funds you need to support your business growth.

We handle it, so you can get on with it!

Low Doc Loans from Better Money offer self-employed individuals and business owners a simplified path to securing essential financing. With reduced documentation requirements, quick approval processes, and tailored solutions, you can access the funds needed to grow your business without the traditional paperwork hurdles. Forget jumping through hoops to get finance, simplify your borrowing experience with Better Money