No-doc business loans up to $1M, secured against the assets you already own. No financials. No credit checks. No personal guarantees.
If you've been turned away by banks for missing financials, slow tax returns or a difficult trading period, a no-doc business loan from ABL gives you a different path. We look at what you own, not what your accountant hasn't filed yet.
A no-doc business loan, sometimes called a no documentation business loan, no doc loan, or no paperwork loan, is a form of asset-based lending assessed on the value of a business or personal asset rather than financial statements, credit history or trading records.
Traditional bank loans need tax returns, BAS, profit and loss statements, balance sheets, business plans, personal guarantees and credit checks. The process takes weeks. By the time approval lands, the moment has passed.
ABL provides a genuinely no doc alternative for Australian businesses. We assess the asset, issue an indicative term sheet within 2 hours, and settle the same day once the asset is secured. No financials. No credit checks. No personal guarantees. No property required.
This is a commercial finance product designed for asset-rich, cash-poor businesses that need to move fast. No documentation loans run from $20,000 to $1 million, secured against vehicles, machinery, equipment, inventory, art, gold, or any other unencumbered asset of sufficient value. Terms run from 1 to 9 months. Repay early any time after month one, get the asset back, off the books.
Four scenarios where a no-doc business loan does what a bank loan can't.
Your accountant's behind. Your last BAS was rough. The bank wants paperwork you can't put together in a week.
A default, a missed payment, a winding-up application. Anything on file kills a bank application. We don't credit check.
The bank wants your house. You don't want to put it on the line, or you don't own one. We secure against the asset.
A deal closing. Tax debt. Wages. Stock to buy. The bank takes weeks. We settle same day.
A lot of lenders advertise "no-doc" and then ask for bank statements, BAS, or a credit check before settlement. ABL doesn't. The asset is the assessment. That's it.
The lending industry uses these terms loosely. Here's how each option really compares.
| Full-doc (banks) | Low-doc | No-doc (ABL) | |
|---|---|---|---|
| Financials required | 2 years + interim | BAS or bank statements | None |
| Credit check | Yes | Usually | No |
| Personal guarantees | Yes | Usually | No |
| Property security | Often required | Often required | Not required |
| Time to approval | 2–6 weeks | 5–10 days | 2 hours (indicative) |
| Time to funding | 4–8 weeks | 1–2 weeks | Same day |
| Best for | Strong financials, time on your side | Reasonable financials, mid-urgency | Asset-rich, time-critical |
For a deeper comparison of how asset-based lending compares to traditional bank loans across cost, speed and decision criteria, see our guide on asset-based lending vs bank lending.
Five steps from enquiry to funds in your account. Most deals settle inside 48 hours.
Truck, machinery, equipment, stock, art, gold. We'll value it the same day.
Issued within 2 hours. Costs upfront, no surprises.
Stored with us or kept in service with GPS tracking fitted.
Funding released the same day once the asset is secured.
Exit anytime after month one. Repay early, get the asset back.
We work with brokers and advisors across Australia.
We'll get back to you the same day.
Prefer not to use the form? Email us at contact@assetbasedlending.com.au or call 1300 225 101.
The questions we get most about no-doc business loans. Call us if yours isn't here.
If you own an asset and need funds fast, we can talk you through it on the phone in under ten minutes. No commitment, no credit check, no paperwork to gather first.
