In a perfect world, to get a business loan you need to the following documents:
- Tax returns
- Financials statements
- Proof of consistent income
But many self-employed people and businesses are not able to provide this documentation.
A low – doc loan may be an option.
We can arrange low doc business loans with competitive rates, fees and loan terms to suit your business.
Documents that may be needed include:
- An accountants letter verifying income
- Business Activity Statements (BAS)
- Old tax returns
- Interim financial statements
- Income declaration form