LOW DOC BUSINESS LOAN

With alternative income verification, our low doc business loans are designed with self-employed free thinkers in mind.

Access the funds you need without all the paperwork

Ideal for borrowers who may not have full documentation, our low doc business loan provides a practical solution to help put business ideas in action.

  • Loans up to $2M*

  • Secured against commercial or residential property

  • Up to 30-year loan terms

  • Rates from 8.95% p.a.

Easy to understand features, variables and fees

Features

Maximum loan amount* $2,000,000.00

Minimum loan amount $50,000.00

Minimum loan term 12 months

Maximum loan term Up to 30 years

Principal & interest ✅

Interest only^ ✅

Repayments - Weekly, fortnightly, monthly ✅

Redraw ✅

Fees

Loan establishment fee** ✅

Discharge fee ✅

Deferred facility fee*** ✅

Service fee ✅

Valuation fee ✅

Loan variables

Security - determined on application assessment

Time in business - ≥ 2 years

Loan purpose – includes working capital, inventory purchase, equipment purchase, business acquisitions, refinance (including tax debt)****

Things you should know:

*Loan amounts may vary based on information provided.

^Interest only available for a maximum of 3 years at an additional interest rate loading of 0.50%.

**Fee can be capitalised into the loan.

***Applicable if the loan is repaid before the earlier of the end of the term or the third anniversary of settlement. Customers may elect to pay an upfront facility fee in lieu of a deferred facility fee prior to settlement.

****Additional documentation may be required upon assessment.

Frequently asked questions

  • Our unsecured business loans are designed to provide the funds you may require to grow your business – even when you don’t have the mortgage security needed for a traditional loan. You can use an unsecured business loan to pay for equipment, tools, stock, start-up costs, or even to help pay your staff. With a range of free-thinking business lending options, Model Capital Solutions and its Direct Lender partners has solutions to suit the needs of businesses of all shapes and sizes. And, our experienced business specialists can guide you through the application process and help ensure a timely approval for your business loan.

  • To apply for an unsecured business loan, you may need to provide your current business details as well as an outline of how you intend to use the funds. As our unsecured business loans don’t require mortgage security, we may need extra information about your business financials, including financial statements. For support to review your options and determine if an unsecured business loan is right for you, send us an email at info@modelcapitalsolutions.com about how our unsecured business loan could benefit you.

  • If you’re looking to grow your business, a business loan can be an excellent tool to help you take the next step forward. If you’ve just started out, a business loan can support you to cover the initial start-up costs and help to get things moving. Or, if you have an established business, a business loan can support you to expand your operations, upgrade your equipment or cover any extra expenses. Whatever your goals, Model Capital Solutions free-thinking business loans can help you achieve them, sooner.

  • At Model Capital Solutions, we don’t believe your past should affect your future, that’s why we look at an applicant’s whole story to find more ways to get to yes. Even if you have a history of bad credit and need a loan to help your business grow, reach out to Model Capital Solutions today to find out if we can help. You might be surprised at the options available to you.

Ready to get moving?

Wherever you are in your journey, help is here however you need it.