Full Doc Asset Finance: Maximise Your Funding Potential

If your business has up to date financial records, Full Documentation Asset Finance can help you secure funding to grow your operations.

Whether you need vehicles, equipment, or machinery, this finance option rewards businesses with higher borrowing limits and more favourable terms.

At Working Capital Finance Brokers, we make the full doc asset finance process simple and stress free so you can focus on your business goals.

What is Full Documentation Asset Finance?

Full documentation asset finance is a funding solution where businesses provide detailed financial information, such as:

• 2 years of finalised financial statements
• Interim management accounts
• Debt commitment schedules
• Aged payables and receivables reports
• ATO portal printouts covering the past 12 months (ITA + ICA)
• Copy of ATO payment plan (if applicable)
• Bank statements
• BAS statements

Who is Full Doc Asset Finance For?

This option is ideal for:

• Established businesses (12+ months with ABN & GST)
• Businesses with up-to-date financial statements and ATO lodgements
• Those who have already reached the maximum low doc lending available
• Business owners without property ownership but requiring higher limits
• Trading businesses without a proven repayment track record in asset finance
• Businesses with strong trading but a lower credit score

Assets Eligible for Full Doc Finance

Lenders typically categorise assets into:

• Motor Vehicles: Passenger vehicles, utes, vans
• Primary Assets: Trucks, trailers, buses, construction and earthmoving equipment
• Secondary Assets: Manufacturing equipment, attachments, workshop equipment, plant services
• Tertiary Assets: Fit-outs, cool rooms, spray booths, catering equipment

Specific terms and eligibility criteria depend on the lender.

Steps to Secure Full Doc Asset Finance

1. Prepare Financial Documents – Ensure your records are up to date.
2. Discuss Your Needs – Work with our expert brokers to identify the best funding solutions.
3. Submit Your Application – We streamline the process with our lender network.
4. Approval and Settlement – Get fast approval and purchase assets quickly.

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Key Benefits of Full Doc Asset Finance

• Increased Borrowing Capacity – Access higher loan limits if you’ve maxed out low doc lending or need additional funding.
• Credit Flexibility – Suitable for businesses with strong trading performance but lower credit scores.
• No Property Ownership Required – Ideal for business owners without property ownership who still need higher limits.
• Track Record Not Essential – Great for businesses new to asset finance, even without a proven repayment history.
• Reward for Compliance – Use your up-to-date financials and ATO lodgements to access competitive funding options tailored to your needs.

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Frequently Asked Questions (FAQs)

How does Full Doc Asset Finance differ from Low Doc Finance?

Full Doc Asset Finance requires comprehensive financial documentation, offering higher borrowing limits and better terms. Where as Low Doc finance will not require the same level of financial analysis.

Can I qualify if my credit score is low?

Yes, Full Doc Asset Finance accommodates businesses with strong trading performance, even if their credit score is less than ideal.

Do I need to own property to qualify?

No, property ownership is not a requirement.

How long does the approval process take?

Once all documents are submitted, approvals usually take a few business days. At Working Capital Finance Brokers, we will work to keep delays to a minimum.

What happens if my financial records are incomplete?

Incomplete records may delay the process. Our brokers can guide you in organising the required documentation or alternative options that are available with the documents you do have.

Can I refinance existing equipment with Full Doc Asset Finance?

Yes, refinancing existing equipment is possible, freeing up working capital with manageable repayment terms.

How much can I borrow?

Borrowing limits depend on your financial strength, asset type, and lender policies.

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Why Choose Working Capital Finance Brokers?

• Experienced Brokers – Specialists in asset finance for SMEs who are experienced in structuring complex transactions.
• Fast Turnarounds – Seamlessly move from gathering information to an application and finally settlement.
• Trusted Network – Access Australia’s top lenders offering full documentation asset finance solutions

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Key Takeaways:

Full documentation asset finance is a powerful funding tool for Australian businesses ready to expand. With higher borrowing capacities and competitive rates, it’s an ideal solution for businesses with strong financial records or those looking for higher limits.

At Working Capital Finance Brokers, we’re here to simplify the process and help you secure the funding you need.

‍Book Your Free Consultation Now – Take the first step towards growing your business today!