As a busy small business owner, self-employed contractor or freelancer, it’s likely you don’t have the time to make sense of the complex low doc application process.

Treysta Wealth possesses a wealth of knowledge to help all Australians with regular or irregular incomes apply for loans. We simplify the process so you can focus on your business. We offer a personalised service where we get to know you and your situation to understand your financial history and empower you to make the right financial decision for you. Contact us today to get started.

No matter who you are and what documentation you supply, lenders must do their due diligence when completing a comprehensive loan application assessment. Each low doc loan application must satisfy our credit assessment and meet our lender requirements.

While you don’t have to supply as much documentation, you will still need to complete a rigorous loan application process to be approved for the loan.

When declaring your income and affordability, you’ll need to supply the following documents:

  • Registered business name and ABN
  • Business Activity Statements (BAS)
    • You will need to submit the past 12 months of BAS statements
  • Self-Verified Income Declaration
    • As someone who is self-employed, it’s unlikely you’ll have traditional payslips or tax returns. To apply for a low doc loan, you will need to sign a statement that verifies that you earn the amount you say you earn.
  • A Letter from your Accountant
    • You will need an income declaration letter signed by your accountant to support your claim in most cases.
  • Primary Business Bank Statements
    • You will support your earning claims by sharing your bank account statements from your primary business account.

The exact requirements and documentation may change depending on your situation. In most cases, your low doc loan will be assessed on your application’s overall strength, self-employed tenure, and credit history.