Can You Get a Low Doc Loan for Business Equipment and Vehicles Together?

Introduction

Many businesses wonder:
Can I use a low doc loan to finance both a vehicle and business equipment at the same time?

The good news is that some lenders offer bundled finance — letting you combine assets into one convenient loan, even without full tax returns.

What Can Be Bundled?

✅ Vehicles → Utes, vans, trucks, or specialty business-use cars
✅ Equipment → Trailers, tools, machinery, workshop fit-outs, or mobile setups
✅ Combined → Many lenders offer combined asset finance if the total use is for business purposes

What Documents Will You Need?

✅ Active ABN (usually 6–12 months minimum)
✅ 6–12 months of business bank statements showing cash flow
✅ BAS or an accountant’s letter (if available)
✅ A combined deposit (often 10–30%) depending on total asset value

Benefits of Bundling Assets

✅ Simplifies repayment → One loan, one schedule
✅ Improves approval odds → Lenders assess total business use, not separate items
✅ Access larger funding → Combine vehicle + equipment costs into a stronger application
✅ Potential for better rates → Brokers can negotiate package deals

Case Study: Ava’s Mobile Workshop

Ava wanted to upgrade her ute and finance a new trailer fitted with specialised equipment. By bundling both into one $85,000 low doc loan, she secured competitive terms and streamlined her repayments, helping her grow her mobile repair business.

Tips for Bundled Financing

✅ Work with brokers who know which lenders offer bundled low doc loans
✅ Provide clear details on how all assets will be used for the business
✅ Ensure you have a solid deposit to strengthen your profile
✅ Understand the full repayment schedule before signing

Final Call to Action

Need to finance vehicles and equipment together? We can help with flexible low doc solutions.
✅ Check your eligibility in just 20 seconds — no commitments, no impact on your credit score.

Visit our Business Lending Hub here:
https://financetheride.com.au/pages/small-business-car-loans

DISCLAIMER

The information provided on this website is general in nature only and has been prepared without considering your financial needs, circumstances and objectives and should NOT be construed as financial, taxation or legal advice. For more information, get in touch with our experienced partner brokers today.