An ABN-only loan is a type of car loan in the same broad classification as no doc car loan. This type of loan is structured for businesses that have an ABN but very little, or no substantial financial accounts as is required for a fully-documented business vehicle finance deal. The minimal requirements for this type of loan are a current ABN and proof of identity. Preferable is being registered for GST, presentation of BAS returns and presentation of some form of business financial accounts, even simple spreadsheets. As this type of loan is assessed as a higher risk than a fully documented loan, the interest rate may be the same as an advertised rate but with additional conditions placed on the loan. Loan conditions depend on individual lenders and may include requesting a higher deposit be paid to reduce the loan amount and maximums on the amount that will be lent.