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Self-Employed5 min read
Self-Employed Borrowers: Documents You May Need
Self-employed applications can require more context than a standard PAYG application. Preparation can help make the assessment pathway clearer.
Business and personal income records
Lenders may request tax returns, financial statements, notices of assessment, BAS or other records depending on the application type.
Trading history and business structure
The age of the business, entity structure and income consistency can all be relevant to assessment.
Existing liabilities
Business loans, leases, credit cards and personal commitments should be clearly listed before application.
Why preparation matters
Having documents ready can help a broker understand which lender pathways may be worth considering.
General information only. This article is general information only and does not take into account your objectives, financial situation or needs. It is not personal financial, credit, tax, legal or accounting advice. Lending is subject to eligibility, lender criteria, verification and approval. Speak with Avanta Finance for guidance based on your circumstances.
Speak with Avanta Finance for a personalised finance discussion. Call +61 476 226 559 or email info@avantafinance.com.