Loans up to $1 million with less paperwork

Our financing product is suitable for a range of customers, including start-ups, established business owners, and those with a bad credit history. We can design a flexible repayment plan that suits your cash flow, including a combination of periodical repayments, lump sum payments, or a repayment plan of your choice. Additionally, we may offer a loan term extension to provide maximum flexibility. Our indicative loan amount starts from $50,000, and asset eligibility criteria require real estate property (mortgaged OK). A financial statement is optional, and you will be assigned a dedicated account manager for support.

Easy eligibility

Bad credit ok

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How Does a Low Doc Loan From FundSpot Work?

Our indicative loan amount starts from $50,000, and asset eligibility criteria require real estate property (mortgaged OK). A financial statement is optional, and you will be assigned a dedicated account manager for support.

Low Doc Business Loan - Fact Sheet

Best suitable For
  • Start-ups
  • Established business owner
  • Commercial property investors
  • Bad credit history
Settlement Time* 1 day to 3 days
Loan Term 1 month - 36 months (including term extension)
Repayment structure

We can design a repayment plan that fits your cash flow.

This can be a periodical repayment (e.g. monthly), a lump sum payment or a combination of your choosing.

To ease your commitment and allow maximum flexibility, a loan term extension may be available.

Indicative Loan Amount $50,000 +
Asset Eligibility Criteria

Real estate property (mortgaged OK)

Dedicated Account Manager Yes

*Turnaround time is indicative only and after signed loan contract is received. Fund transfer is subject to fund availability and settlement condition satisfied.

Not Sure Which Loan?

Not sure which loan product and features are best for you? Use our comparison
table. Otherwise, reach out to us. We’re happy to help!


FAQs about Short Term Business Loans

A low doc business loan requires limited financial statements of documents that are used to determine one’s financial background. They are designed for business owners who have difficulty in providing traditional banks with the relevant financials to obtain a business loan.

The benefits of a low doc business loan is that it provides businesses a source of quick financing, meaning they do not have to wait for the approval times from the regular banks. This is because unlike the loans offered by mainstream lenders, a low doc business loan requires limited financial statements or other trail documents that are used to determine financial history.

No, a low doc business loan is a loan in which a business is granted funds without needing to excessive financial statements and other documents that indicate the financial background of the business. Whilst an unsecured business loan allows small business owners to obtain funding without the need of any backed-up security.

There are no restrictions As to how? a business can choose to use the funding obtained from the low doc business loan. It is very much up to the business as to how they wish to use the money – be it restocking supplies, covering unexpected costs or other ventures within the scope of the business’s interest.