Introduction
Manufacturing businesses often need to upgrade machinery, expand production lines, or invest in logistics — all of which require significant capital. But many small-to-medium manufacturers find it hard to provide up-to-date tax returns or formal financial statements when applying for finance.
That’s where low doc loans come in, providing funding access through alternative documentation.
Who’s Eligible?
Manufacturers who typically qualify include:
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✅ Small-to-medium manufacturing firms with an active ABN (6–12+ months)
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✅ Businesses using the loan at least 50% for commercial operations
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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 can help manufacturers with:
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Purchasing Machinery → CNC machines, presses, injection moulding equipment, or conveyors.
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Upgrading Vehicles → Delivery trucks, forklifts, or logistics vans.
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Expanding Production Capacity → Add new production lines or hire more staff.
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Improving Facilities → Upgrade factories, warehouses, or storage solutions.
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Boosting Cash Flow → Cover materials, supplies, or bulk inventory purchases.
What Documents Should You Provide?
Even without full financials, prepare:
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✅ 12 months of business bank statements
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✅ BAS lodgements or major client contracts
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✅ Quotes or purchase orders for equipment or upgrades
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✅ (Optional) Accountant’s letter confirming turnover or production capacity
Case Example
Claire’s Packaging Company needed a new automated conveyor system to handle rising orders. With 18 months of ABN activity, strong bank statements, and a 20% deposit, Claire secured a $180,000 low doc loan — increasing output and cutting delivery times.
Tips for Manufacturing Loan Applicants
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✅ Keep client contracts, supplier records, and production logs organised.
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✅ Highlight how the investment will increase output or reduce costs.
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✅ Work with brokers familiar with manufacturing industry financing.
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✅ Maintain all relevant safety, compliance, and industry certifications.
Final Call to Action
Looking to grow your manufacturing business with flexible finance?
👉 Check your eligibility today — no credit score impact
Visit our Business Lending Hub for more details.
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.
