Do I need to be trading for two years to get finance?

Not necessarily. While many traditional banks prefer two years of trading history, some specialized lenders may consider applications from businesses that have been trading for a shorter period, provided they meet other strict criteria. An independent professional can advise what is possible for your ABN age.

What is a low doc loan?

A "low doc" (low documentation) loan is a product designed for self-employed borrowers who cannot provide standard tax returns. Instead, lenders might assess serviceability using Business Activity Statements (BAS), accountant declarations, or bank statements. These products are heavily regulated and vary by provider.

ABN & SOLE TRADER SOLUTIONS

Finance for Self-Employed Australians

Asset Connect Australia acts as a referral platform, introducing self-employed individuals, sole traders, and small businesses to licensed professionals who understand non-traditional income assessment.

EXPLORE SELF-EMPLOYED FINANCE OPTIONS

Asset Connect Australia is a connection platform. We introduce you to appropriately licensed, independent finance professionals who assess your needs. Finance products, eligibility, pricing, and approval are determined exclusively by the relevant provider.

WHAT TO EXPECT

Finance Connection Scenarios

ABN Holders

Connect with specialists who understand how different lenders assess ABN duration and trading history for various finance products.

Sole Traders

Whether you need a vehicle or new equipment, we can introduce you to professionals familiar with sole trader financial structures.

Contractors & Freelancers

Independent brokers can explain how providers view contract income and varying cash flow when assessing serviceability.

Small Businesses

Explore options for small business operators seeking to expand operations, purchase assets, or manage working capital.

Navigating Finance as a Business Owner

Securing finance when you are self-employed often involves different documentation requirements compared to standard PAYG employees. Because your income may fluctuate or be structured to minimize tax, a tailored approach to demonstrating serviceability is required.

Asset Connect Australia is a connection platform. We do not provide credit assistance. We introduce you to appropriately licensed, independent finance professionals who have experience navigating the specific criteria lenders apply to self-employed applicants.

Understanding how providers assess recent tax returns or accountant declarations
Exploring alternatives for businesses with complex trust or company structures
Navigating deposit requirements and credit score considerations
Please note: We do not state universal eligibility rules. Approval, pricing, and specific documentation requirements (such as "low doc" options) are determined exclusively by the relevant provider based on your circumstances.

The Importance of a Specialist

Lending policies for self-employed applicants change frequently. A specialist finance broker stays updated on which providers are currently favourable toward specific industries, ABN ages, or income verification methods, saving you time and protecting your credit file from unnecessary enquiries.