Running a business can sometimes mean the unexpected happens and that borrowers need flexible, real life loan options. To help meet the shifting needs of the self-employed, another lender is introducing 30 year loan terms and a 1 year Near Prime full doc product to 75% and $2M lending.
The new 1 year Near Prime commercial full doc option is available to self-employed borrowers with a clean credit history who are looking to borrow < $1million and can provide:
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1 year tax return
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1 year notice of assessment
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1 year financial statements prepared by the client’s accountant
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Copy of current the lease documentation (if applicable)
We may also request: Most recent quarter BAS if the financial statements submitted at greater than 6 months old at the time of application.
Thinking of buying a commercial property – lets chat
