Introduction
Agriculture is the backbone of rural Australia, but running a productive farm or agribusiness often requires major investment — in equipment, land, or livestock. Many farmers face challenges securing finance without formal tax returns.
That’s where low doc loans come in, offering flexible funding using alternative documentation.
Equipment Finance for Construction, Earthmoving & Rural Businesses
Low-doc equipment finance is commonly used by construction, earthmoving, and rural operators purchasing machinery for work. This includes excavators, loaders, tractors, and other equipment used to generate income on-site.
Businesses purchasing machinery may also explore equipment finance or truck and trailer finance depending on how assets are used on-site.
Who’s Eligible?
Agriculture and farming businesses that typically qualify include:
- ✅ Crop farms, cattle stations, dairy farms, poultry producers, orchards, vineyards, and agricultural contractors with an active ABN (6–12+ months)
- ✅ Businesses using the loan at least 50% for farming or operational needs
- ✅ Applicants providing alternative income proof (bank statements, BAS, accountant’s letter)
- ✅ Borrowers with a deposit (usually 10–30%)
What Can You Finance?
Low doc loans help agricultural businesses with:
- Purchasing Machinery → Tractors, harvesters, irrigation systems, or spraying equipment.
- Land Improvements → Fencing, soil preparation, drainage, or water storage upgrades.
- Expanding Livestock → Buy additional cattle, sheep, poultry, or breeding stock.
- Hiring Labour → Seasonal workers, farmhands, or machinery operators.
- Upgrading Operations → Invest in supply chain systems, farm management software, or sustainability initiatives.
What Documents Should You Provide?
Even without formal tax returns, prepare:
- ✅ 12 months of business bank statements
- ✅ BAS lodgements or crop/livestock production summaries
- ✅ Quotes or purchase orders for equipment, livestock, or land upgrades
- ✅ (Optional) Accountant’s letter confirming turnover or seasonal trends
Case Example
Riverdale Farms needed $300,000 to purchase a new harvester and upgrade its irrigation system. With 26 months of ABN activity, steady production records, and a 30% deposit, they secured a low doc loan — improving yields and boosting efficiency.
Tips for Agriculture Loan Applicants
- ✅ Maintain clear production, contract, and payment records.
- ✅ Highlight how investments will increase yields, efficiency, or sustainability.
- ✅ Work with brokers familiar with agricultural lending.
- ✅ Ensure compliance with land use, environmental, and biosecurity regulations.
Final Call to Action
Ready to grow your farm or agribusiness?
👉 Check your eligibility today — no credit score impact
Explore detailed advice at our Business Lending Hub.
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.
