Daljeet Singh
9 months ago on Google
I have wonderful experience with them they are professional,quick and accurate in terms of loan requirements
ABN car finance, RyRo Asset Finance
ABN Car Finance in Sydney: Low Doc and Self Employed Car Loans
Run your own business? Lenders look at ABN holders differently, so Rohan Joshi at RyRo Asset Finance matches your ABN, paperwork and vehicle to the lenders whose policy already fits.
- Sole traders, contractors and new ABNs
- Full doc and low doc options compared
- Cars, utes and vans for work or personal use
- 5.0 from 13 Google reviews for RyRo Asset Finance
- Authorised Credit Rep 565295
RyRo Asset Finance Pty. Ltd., (ABN 69 682 063 896) an Authorised Credit Representative (ACR #565295) of Fintelligence Pty Ltd (ABN 80 625 017 174), Australian Credit Licence # 511803.
Updated November 2026
ABN car finance explained
What is ABN car finance?
ABN car finance is a vehicle loan for people who earn through an Australian Business Number rather than a wage. The lender assesses your business: how long your ABN has been registered, whether you are registered for GST, and what your tax returns, BAS or bank statements show.
It covers cars, utes and vans, new or used. When the vehicle is mainly for work, it is usually written as a business loan. When it is mainly for personal driving, it is a consumer loan assessed on your self employed income. Rohan works out which fits before you apply, as part of our wider work as a car finance broker in Sydney.
Rohan works from the RyRo office in Norwest, so business owners across the Hills District can meet him in person, or handle it all by phone and email from anywhere in Sydney.
Quick answer
Is ABN car finance the same as a low doc car loan?
Not quite. ABN car finance is any vehicle loan for a business owner. A low doc car loan is one way of getting it, using BAS or bank statements when your tax returns are not available.
Car finance for ABN holders
Who ABN car finance suits
If your income comes through an ABN, these are the people we help most often.
Sole traders and tradies
A ute, van or car you drive to jobs every day, financed on your business income rather than payslips.
Contractors on an ABN
IT, health, engineering and other contractors paid on invoice, including those who recently moved from PAYG.
New ABN holders
A business that is months old rather than years. Fewer lenders, but often still a path with the right evidence.
Small business owners
Companies, trusts and partnerships buying a vehicle in the business name, from one car to a second work ute.
Need something heavier? See ute finance for ABN holders or truck finance.
Low doc car finance
Full doc vs low doc car loans
A full doc loan uses your tax returns. A low doc car loan uses other evidence when the returns are not ready or do not show what you earn now. Here is how they usually compare.
| Full doc | Low doc | |
|---|---|---|
| Income evidence | Tax returns and notices of assessment | BAS, bank statements or accountant letter |
| Suits | Established businesses with lodged returns | Strong recent trading, returns not lodged |
| Lender choice | The widest | Narrower, varies by lender |
| Typical trade-off | More paperwork up front | Can mean a higher rate or deposit |
General lender practice. Each lender sets its own rules.
Which one fits my paperwork?
Free, no obligation.
Rohan · 0:22
Self employed car loan
What lenders ask for on a self employed car loan
These are the items lenders commonly ask ABN holders for. Not every lender asks for all of them, and the minimums differ from lender to lender.
- ABN ageMany lenders prefer one to two years of registration. Some look at newer ABNs with other strengths.
- GST registrationSome low doc products need it. Others accept sole traders under the GST threshold.
- BAS statementsRecent quarters, to show current turnover for low doc applications.
- Bank statementsBusiness or personal accounts, usually covering several recent months.
- Tax returns or an accountant letterReturns and notices of assessment for full doc; some lenders accept a letter confirming income instead.
- Vehicle and ID detailsPhoto ID, the dealer invoice or private sale details, and the vehicle itself.
What is an accountant letter?
How lenders use itShow less
Some lenders accept a short letter from your accountant or tax agent confirming your business income, in place of lodged returns. Lenders that accept one usually want it on the firm's letterhead and from a registered tax agent, and they may check it. Ask your accountant early, as it can take a few days.
If you are also self employed and planning to buy a home, the paperwork overlaps with low doc home loans, which Sumit and the RyRo Loan Centre team handle.
New business, first vehicle
Car finance with a new ABN
A young ABN narrows the field, but it does not always close it. Some lenders support new businesses when other parts of the application are strong. These are the things that commonly help.
Time in the industry
Years in the same trade or field before your ABN, even as an employee.
A deposit or trade-in
Money in the deal lowers what the lender is asked to carry.
Property or other assets
Some lenders treat home ownership as a sign of stability.
A clean credit file
No defaults and few recent enquiries. A thin file can still work with some lenders.
Check my options with a new ABN
Rohan checks ABN age against each lender's policy first.
- 5.0 from 13 Google reviews for RyRo Asset Finance
- Authorised Credit Rep 565295
RyRo Asset Finance Pty. Ltd., (ABN 69 682 063 896) an Authorised Credit Representative (ACR #565295) of Fintelligence Pty Ltd (ABN 80 625 017 174), Australian Credit Licence # 511803.
Rohan · 0:20
Loan types
Chattel mortgage or consumer car loan?
The main question is how you will use the vehicle. Mostly for work points to a business loan; mostly personal points to a consumer loan.
| Chattel mortgage | Consumer car loan | |
|---|---|---|
| Best for | A vehicle used mainly for business | A vehicle used mainly for personal driving |
| Who owns it | The business, from day one | You, with the lender holding security |
| How it is assessed | Your business and its trading | Your income and living costs |
| Balloon option | Commonly available | Available with some lenders |
A business purpose loan usually asks you to sign a declaration that the vehicle is mainly for business.
Read our chattel mortgage guide for the detail, or try different terms in the loan repayment calculator.
Rohan · 0:23
Business use and tax
Using the car for business: what to ask your accountant
The tax treatment of a work vehicle depends on your business structure, the vehicle and how you use it. We do not give tax advice. Rohan sets up the finance; your accountant confirms the tax. Ask them these questions before you sign.
- What share of the driving is for business, and how to record it
- Whether the business can claim GST on the purchase
- How interest and depreciation are treated for your structure
- Whether the car should be in your name or the business name
The balloon option
A balloon is a lump sum left to the end of the loan. It lowers the regular repayments, but you pay it at the end, refinance it or trade the vehicle. It suits steady cash flow and a vehicle that holds its value. Rohan checks the balloon against what the vehicle is likely to be worth at the end.
Try the balloon on a business vehicle
Set to the $60,000 ute with a 30% balloon above. Change the price, deposit, term, rate and balloon. The example rate is not a quote.
Estimated repayment per month
$999.36
60 monthly repayments paid in advance, then a balloon of $18,000
- Amount financed
- $60,000
- Total interest
- $17,961
- Total of repayments and balloon
- $77,961
Breakdown and GST
- Amount financed
- $60,000
- Balloon at the end
- $18,000
- Total interest
- $17,961
- Total of repayments and balloon
- $77,961
- Paid off around
- 5 years from now
GST in the price: $5,455
One eleventh of a GST-inclusive price. A GST-registered business may be able to claim GST on a business asset as a credit on its BAS. Whether you can, how much and when depends on your business use and how you account for GST. We recommend consulting your accountant.
Estimate only, not a quote or tax advice. It leaves out fees and charges, and the rate is the one you type in. Your real repayment depends on the lender, the asset and your business.
Figures last checked .
This is an estimate, not financial advice. Results are a guide only. Speak to a broker for accurate figures based on your situation.
Free, no obligation. Your numbers go with your enquiry.
5.013 RyRo Asset Finance reviews
RyRo Asset Finance Pty. Ltd., (ABN 69 682 063 896) an Authorised Credit Representative (ACR #565295) of Fintelligence Pty Ltd (ABN 80 625 017 174), Australian Credit Licence # 511803.
Sound familiar?
ABN car finance situations we solve
Most business owners come to Rohan with one of these. Here is what usually gets in the way, and what we do about it.
- 5.0 from 13 Google reviews for RyRo Asset Finance
- Authorised Credit Rep 565295
From one work car to a small fleet. Tax return not lodged yet
The challenge: Your latest year was your best, but the return is still with your accountant and the bank wants it.
How we handle it
We look at low doc lenders that accept recent BAS, bank statements or an accountant letter instead.
Recently went out on your own
The challenge: You left a PAYG job to contract or start a trade business, so your ABN is young.
How we handle it
We find lenders that weigh your time in the industry, deposit and credit file, not only ABN age.
The vehicle is your workplace
The challenge: You need a ute or van with a canopy, racks or shelving fitted, and the job cannot wait.
How we handle it
We check whether the lender will include the fit-out and line up the documents before you commit.
A dealer quote that does not feel right
The challenge: The yard offered business finance on the spot, with a balloon you were not expecting.
How we handle it
Bring the quote. We compare it with other lenders and explain the balloon and fees in plain English.
These are common situations, not client stories. Every loan depends on your circumstances and the lender's policy.
RyRo Asset Finance Pty. Ltd., (ABN 69 682 063 896) an Authorised Credit Representative (ACR #565295) of Fintelligence Pty Ltd (ABN 80 625 017 174), Australian Credit Licence # 511803.
How it works
How ABN car finance works with Rohan
Step 1
Tell us about the business
Your ABN, GST status, how you are paid and the vehicle you want. Two minutes on the form.
Step 2
Rohan checks lender policy
He matches your ABN age, paperwork and vehicle to lenders whose rules fit, before any application.
Step 3
One clean application
You send only the documents that lender needs. Rohan prepares and lodges the application.
Step 4
Approval and pick up
Once approved, the funds go to the dealer or seller and you collect the keys.
Start step 1
Step 1 takes about two minutes.
Rohan Joshi
Asset finance broker, RyRo Asset Finance, ACR 565295
Who you will deal with
Rohan handles your ABN car finance from start to finish
You deal with one person. Rohan reads your details, works out whether a business or consumer loan fits, and keeps you updated until the vehicle is paid for. His clients mention the same things in their Google reviews: clear explanations, quick answers and simple paperwork.
RyRo Asset Finance is a separate company from RyRo Loan Centre, working from the same Norwest office. If you also need a home loan, Sumit and the RyRo Loan Centre team look after that.
Ask Rohan about my ABN car loan
Free, no obligation.
RyRo Asset Finance Pty. Ltd., (ABN 69 682 063 896) an Authorised Credit Representative (ACR #565295) of Fintelligence Pty Ltd (ABN 80 625 017 174), Australian Credit Licence # 511803.
Rohan · 0:25
Google reviews
What business owners and car buyers say
Real Google reviews of RyRo Asset Finance, word for word.
5.0
From 13 Google reviews for RyRo Asset Finance
Rohan · 0:31
krunal shah
11 months ago on Google
Thank you for your support to get my business car loan done in 1 day. Highly recommend
Rayen Naidoo
2 months ago on Google
I engaged Ryro Finance to arrange finance for my vehicle, and the experience was excellent. They didn’t just compare car loan options—they took a holistic approach by considering my future financial goals and any upcoming asset purchases to ensure the finance structure suited my long-term plans. They provided valuable advice on the ideal deposit amount, explained the best approach to financing a vehicle, and secured one of the most competitive interest rates available to me. I would highly recommend Ryro Finance, not only for vehicle finance but for any financing requirements. Their personalised advice, professionalism, and long-term financial planning set them apart.
Mark Donovan
a month ago on Google
Rohan provided exceptional service, was communicative and transparent through the entire process. I ended up with a far better deal than I would have got on my own.
Gurmit Singh Bhooi
a year ago on Google
We had a great experience working with Rohan Joshi. He was professional, responsive, and made the entire process of securing our car loan smooth and stress-free. He took the time to understand our needs, explained everything clearly, and got us a competitive rate without any hassle. We really appreciated how straightforward and efficient he was from start to finish. Highly recommended if you’re looking for someone reliable to help with a car loan.
Keep reading
Low doc and self employed car loan guide
Our guide to ABN car loans walks through the low doc paperwork in more detail, with the questions to ask before you sign.
FROM THE RYRO BLOG
ABN Car Loans and Low Doc Car Loans for the Self-Employed (2026 Guide)
Personal Finance · 8 min read
Self-employed and need a car or ute? Here is how lenders assess ABN holders, what low doc car loans need, how new ABNs can still get finance, and the documents to have ready.
Read the guide
What is ABN car finance?
+
ABN car finance is a car, ute or van loan for someone who earns their income through an Australian Business Number: sole traders, contractors, partnerships and small companies. Instead of payslips, the lender looks at your ABN, your trading history and your business or tax records. If the vehicle is used mainly for the business, it is usually set up as a business loan such as a chattel mortgage. If it is mainly for personal use, it is a consumer car loan assessed on your self employed income.
Can I get car finance with a new ABN?
+
Often, yes, but you will have fewer lenders to choose from. Many lenders like to see an ABN that has been registered for a year or two, while some will look at a newer ABN when you have worked in the same industry before, have a deposit, own property or have a clean credit file. Each lender sets its own minimum, so Rohan checks your ABN age against each policy before anything is submitted.
What is a low doc car loan?
+
A low doc car loan is for self employed buyers who cannot easily show their income with full tax returns, for example because their latest return is not lodged yet. The lender accepts other evidence instead, such as recent BAS statements, business bank statements or a letter from your accountant. Low doc car finance can come with a higher rate, a larger deposit or a lower maximum loan than full doc finance, depending on the lender.
What documents do I need for ABN car finance?
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It depends on the lender and whether the loan is full doc or low doc. Commonly requested items are your ABN details, photo ID, recent business or personal bank statements, your latest BAS if you are registered for GST, tax returns and notices of assessment for full doc loans, and sometimes an accountant letter. You also need the vehicle details and the dealer invoice or private sale details. Rohan gives you a list for your lender before you start, so you only gather what is needed.
Do I need to be registered for GST to get ABN car finance?
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Not always. Some lenders want GST registration for their simplest low doc products, while others accept sole traders under the GST threshold with other evidence of income. GST registration also affects whether your business can claim a GST credit on the vehicle, which is a question for your accountant. Tell Rohan whether you are registered and he will only approach lenders whose policy fits.
Is a chattel mortgage better than a consumer car loan for a sole trader?
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It depends on how you use the vehicle. A chattel mortgage is a business loan: the business owns the vehicle from day one and the lender holds a mortgage over it until the loan is paid off. It suits a vehicle used mainly for work. A consumer car loan suits a vehicle used mainly for personal driving and comes with the protections of responsible lending laws. Your accountant should confirm the tax side before you choose.
Can I claim my car on tax if I buy it through my ABN?
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You may be able to claim some of the costs, such as interest, depreciation and running costs, for the share of use that is for business. How much, and how, depends on your business structure, the vehicle and the records you keep. We do not give tax advice. We recommend consulting your accountant for advice specific to your situation, ideally before you sign the loan.
Do low doc car loans cost more?
+
Often a little, because the lender has less evidence of your income. The difference shows up as a higher rate, a larger deposit, a lower loan amount or tighter vehicle age rules, depending on the lender. If you can provide full financials, a full doc loan usually gives you more lenders and better terms. Rohan compares both paths so you can see whether the extra paperwork is worth it.
Can I use ABN car finance for a used car or a private sale?
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Many lenders finance used vehicles for ABN holders, and some accept private sales, within their rules on vehicle age, condition and the seller. Older vehicles can mean a shorter term or a higher rate. Get the loan approved before you commit to the purchase so you know which vehicles the lender will accept.
Will applying for ABN car finance hurt my credit score?
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Each formal application usually adds an enquiry to your credit file, and several in a short time can make lenders cautious. That is why it pays to check lender policy first and apply once, to the lender most likely to say yes. Rohan reviews your situation before anything is lodged, so you are not applying to lenders that would decline you on policy.
Talk to Rohan
Ready to finance your next work vehicle?
Tell Rohan about your ABN and the vehicle. He will tell you which lenders fit and what they need from you.
We generally respond within an hour. Prefer to pick a time? Book your strategy call online or contact us.
Rohan Joshi
Asset finance broker, RyRo Asset Finance
- Rohan reads your details and calls you back
- No obligation to go ahead
- Full doc and low doc options compared
Rohan · 0:20
More videos from Rohan
- From 13 Google reviews for RyRo Asset Finance
- 5.0
- Sole traders, contractors and new businesses
- ABN
“I had an excellent experience with Rohan for my car loan. He was professional, responsive and extremely helpful throughout the entire process. He explained all the options clearly, found a competitive loan that suited my circumstances and made the paperwork simple and stress-free. I highly recommend RYRO services to anyone looking for a reliable and trustworthy car loan broker.”
RyRo Asset Finance Pty. Ltd., (ABN 69 682 063 896) an Authorised Credit Representative (ACR #565295) of Fintelligence Pty Ltd (ABN 80 625 017 174), Australian Credit Licence # 511803.