Start Up? Small Business? Self-Employed?
A Low Doc Business Loan Can Help Get Your Business Growing
When applying for a business loan, the traditional big banks will typically request excessive amounts of business documentation. This may include legal paperwork, proof of income, financial statements, business plans and even legal documentations. The process is somewhat complication and time consuming. If, you cannot provide this endless list of documentation, your business loan may be declined.
What Is Low Doc Business Loan?
A Low doc business loan, is an alternative loan type that allow your business to access the necessary capital without providing the same level of financial documentation as a traditional loan. Low doc business loans are designed to be fast and practical loans that can help increase your business profits and clear any debts.
Low doc business loans are suitable for businesses or individuals who may not be able to exhibit the following:
Proof of Consistent Income
Types Of Low Doc Business Loans
Low doc personal loan for self-employed
If you are an individual contractor or freelancer, you may be eligible for a low doc personal loan.
Low doc commercial loan
These are suitable for businesses who cannot provide the necessary documentation that banks require. At ALCC we offer loans from $10,000 to $3 million dollars.
Low doc small business loan
Are you operating a local food truck? Have you recently started an e-commerce store? A low doc small business loan can help you get the necessary funds to keep your business operational.