If you're a tradie, sole trader, or small business owner with an ABN, chances are you've heard this before:
“Come back when you’ve got two years of financials.”
And just like that, a growth opportunity. Whether it's a new ute, upgraded equipment, or a fresh work van, gets pushed to the side.
But here’s the truth (and your cheat code): You don’t always need two full years of financials to get approved for finance.
Too many self-employed Aussies assume they won’t qualify for finance just because they’re early in their business journey. Whether you’ve only had your ABN for 6 months or you’re just getting your cash flow rolling, there are low-doc and alt-doc options that can get you sorted, without all the red tape.
This can be a game-changer for:
✅ New sole traders or contractors
✅ Small business owners scaling fast
✅ Tradies who earn solid income but don’t have up-to-date tax returns yet
Here’s what lenders are really looking for: Can you afford the loan and are you running a legit operation?
If you’ve had your ABN for at least 6–12 months and can show consistent income, even just through bank statements, you’re very much in the game.
Some common low-doc approvals include:
No need to wait around for your second tax return to roll in.
You can:
At Motorlend, we work with lenders who understand the real world of business - not just the black-and-white tax paperwork. If you're earning well and ready to move, let's chat.
