Introduction
Education and training businesses help shape future skills, but delivering quality learning often demands investment in staff, facilities, and technology. For providers without formal tax returns, accessing finance can be difficult.
That’s where low doc loans help — offering flexible funding using alternative documentation.
Who’s Eligible?
Education and training businesses that typically qualify include:
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✅ Tutoring centres, private schools, language schools, vocational training providers, online course creators, RTOs (Registered Training Organisations), and education startups with an active ABN (6–12+ months)
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✅ Businesses using the loan at least 50% for commercial or operational needs
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✅ Applicants providing alternative income proof (bank statements, BAS, accountant’s letter)
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✅ Borrowers with a deposit (usually 10–30%)
What Can You Finance?
Low doc loans help education and training businesses with:
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Purchasing Equipment → Computers, smartboards, classroom supplies, or online learning platforms.
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Upgrading Facilities → Renovate classrooms, expand learning spaces, or improve student amenities.
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Expanding Programs → Add new courses, certifications, or learning modules.
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Hiring Staff → Bring on teachers, tutors, assessors, or support staff.
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Boosting Marketing → Launch student recruitment campaigns, partnerships, or brand-building initiatives.
What Documents Should You Provide?
Even without formal tax returns, prepare:
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✅ 12 months of business bank statements
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✅ BAS lodgements or enrolment/payment summaries
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✅ Quotes or purchase orders for equipment or upgrades
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✅ (Optional) Accountant’s letter confirming turnover or student numbers
Case Example
BrightPath Training needed $95,000 to expand its vocational training centre and launch new online certification courses. With 18 months of ABN activity, strong enrolment numbers, and a 25% deposit, they secured a low doc loan — increasing reach and boosting revenue.
Tips for Education Loan Applicants
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✅ Keep clear records of enrolments, tuition payments, and course delivery.
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✅ Highlight how new investments will improve student experience or expand offerings.
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✅ Work with brokers familiar with education sector financing.
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✅ Ensure compliance with education regulations, licensing, and accreditation standards.
Final Call to Action
Ready to scale your education or training business?
👉 Check your eligibility today — no credit score impact
Explore expert resources 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.
