
Annual tax return, annual financial accounts for companies.
Certain details are mandatory in commercial lending and some information is preferable to strengthen the request. ABN and identification are essential, GST registration is not, but is preferable for some lenders. Financials for the enterprise are requested and may include:-
Request QuoteAnnual tax return, annual financial accounts for companies.
Turnover and cash flow verified with spreadsheets and bank statements.
BAS returns.
Personal financials may be required for sole traders, ABNs and self-employed operators.
The amount required in the funding should be detailed.
The purpose for the funding should be detailed – assets, cars, trucks, equipment, cash flow.
The type of credit facility requested as interest rates vary.
Where asset funding is required, details of the car/equipment/truck to be purchased should be provided.
Applicants requiring Low Doc and No Doc funding should speak with one of our brokers for further details on requirements.
As specialists in commercial funding, we offer a full portfolio of credit facilities for all types of commercial purposes and assets. Different types of facilities and different purposes can require variations with the paperwork. Our brokers assist customers by explain exactly what is required and answering all queries. If planning to submit forms via our online resources, we ask customers to respond to some basic questions so we can ensure we identify exactly the right lender for your profile.
Our services include lending for all types and sizes of enterprises, from new start-ups without financials through sole traders, self-employed, partnerships and to large, well-established companies. All entities with an ABN are eligible to request all types of commercial funding.
Assistance, quotes and offers are available across our portfolio:-
Submit online or over the phone for 24 hour approval of commercial funding.
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*The purpose of the interest rate comparison table is to provide a guide only and for comparing the interest rates on different commercial loan products. Quoted repayments are based on advertised rates and do not include lender fees and charges. An offer made to you by a lender may be at a different interest rate and have a different repayment. Using this device is not an application, any indication of an offer, and is not a loan approval.
In order to provide the best experience, your details are saved on our secure server as you enter them.
An online commercial credit calculator may be used to get estimates on funding prior to submitting the paperwork or requesting quotes.
Lenders may request personal financials from self-employed enterprises as part of the paperwork. This will be subject to individual lender guidelines and the purpose for the funding.
Yes. Forms and paperwork for funding can be submitted prior to purchase and based on an estimated amount and general indication of the vehicle being purchased.
Where financials on the operation are not available, operators may contact brokers and lenders that offer without financials commercial credit.
When requesting commercial credit, operators need to provide ABN, ID, financials for operation and details of the what is being financed.
Some lenders and brokers offer a 24 hour approval timeframe, other around 48 hours but approval timing is subject to the complexity of the forms and details submitted and the lender’s processes.
There can be variations in the detail required for different credit facility requests but in general, the overall financials for the operation and purpose for the funding will be the same for most commercial funding.
Some lenders and brokers provide online application services.
There should be no obligation to accept an offer until the offer is received and approved by the applicant.
There will be varying process for submitting requests for funding depending on the bank, lender or broker being used. Forms can be submitted online for some lenders and over the phone by most. A range of financials and details on the enterprise and the purpose for the funding will be required.