Your BAS already did the talking.
Payslips are optional. Some lenders on our panel take an ABN from day one and read BAS, bank statements or an accountant's letter instead.
Australian Credit Licence 509582. Fees and lender criteria apply.
Self-Employed Borrowers We Help
Whether you're a sole trader, contractor, or company director, we have lenders who specialise in your income type.
Sole Traders
ABN holders from day one with some lenders. Low-doc options available with BAS and bank statements.
Contractors
Contract workers and subcontractors. We accept contract income evidence from a range of lenders.
Company Directors
Pty Ltd directors with company or personal income. Flexible income verification accepted.
Partnerships
Business partners with shared income. We structure loans to suit partnership arrangements.
Why Self-Employed Borrowers Choose Simple Loans
We understand self-employed income isn't always straightforward. That's why we work with lenders who assess your real earning capacity.
How Self-Employed Car Finance Works
Tell Us About Your Business
Share your ABN history, income type, and the vehicle you want. Takes under 2 minutes.
We Match You to the Right Lender
We compare 50+ lenders to find those who specialise in self-employed income and explain the trade-offs.
Get a decision & drive away
We handle all the paperwork. Many self-employed applicants hear back within a business day.
Self-Employed Car Loan FAQs
Can I get a car loan if I'm self-employed in Australia?
Yes. Many lenders on our panel specialise in self-employed car loans and assess sole traders and company directors on their own terms. Some accept an ABN from day one.
What documents do self-employed borrowers need for a car loan?
Requirements vary by lender, but typically you'll need your ABN registration, recent BAS statements (1-2 quarters), bank statements (3-6 months), valid ID, and details of the vehicle. Some lenders accept low-doc applications with just an accountant's letter and bank statements.
Do I need two years of tax returns for a self-employed car loan?
Not always. While some prime lenders require two years of tax returns, many of our specialist lenders offer low-doc car loans that accept BAS statements, bank statements, or an accountant's declaration instead. We match you to the right lender for your situation.
What interest rates can self-employed borrowers expect?
Rates for self-employed borrowers vary depending on your ABN history, income evidence, credit score, and the vehicle. With strong financials, self-employed rates can be just as competitive as PAYG employee rates.
Can I claim my car loan as a tax deduction if I'm self-employed?
If you use the vehicle for business purposes, you may be able to claim interest, depreciation, and running costs as tax deductions. A chattel mortgage structure is popular for self-employed borrowers as it allows GST claims on the purchase price. Always consult your accountant for specific tax guidance.
How long does approval take for self-employed car loans?
Decisions can be available the same day. Timing depends on the lender, how complete your application is, and when your documents arrive. We pre-check your application before it goes to a lender.
No upfront assessment fee
Ready for your self-employed car loan?
Get a free, no-obligation quote in under 2 minutes. No impact on your credit score.
Start your application