Lo Doc or Self Declaration Loans are essentially loans for Companies, small businesses and self employed where there is no need for financial income proof.
iCredit provides to its customer’s access to a panel of lo doc / self declaration lenders and can tailor a suitable low rate loan to meet your business needs & budget.
When applying for a no financials car loan it’s best to talk to a professional finance broker about your loan requirements as there are tax benefits associated with business loans. It is important to ensure you receive the right loan product that’s suitable for your business needs.
Lo Doc / Self Declaration Loans are suitable for:
Individual / Sole Traders
Pty Ltd Companies
Companies not willing to disclose income.
New Business Ventures
Businesses with incomplete financials
Lo Doc Loans traditionally are used to purchase cars, however iCredit can also provide access to funding for equipment, machinery, trucks, medical equipment, office equipment and more using the Lo Doc Loan Facility.
Lo Doc Loans allow for a quick, hassle free loan process whilst gaining low and usually better than bank rate loans whilst allowing you to concentrate more on your cash flow and business growth.