Self-Employed
Your business income, read properly.
Add-backs, one-year financials, BAS and accountant declarations - presented the way credit teams need to see them.
Income evidence we work with
- Two years of company and personal tax returns (full-doc)
- One year of financials with the right lenders
- Six or twelve months of BAS statements
- Accountant's letter or declaration where policy allows
The add-backs that get missed
- Depreciation and amortisation
- One-off and non-recurring expenses
- Superannuation above the compulsory rate
- Interest on debt being refinanced or repaid
Common questions.
I've only been trading 12 months - can I borrow?
With some lenders yes, particularly if you were previously employed in the same industry. Policy varies significantly, which is where panel knowledge matters.
Do alt-doc loans cost more?
Typically a rate premium applies, but not always a large one. Many clients start alt-doc and refinance to full-doc once financials catch up.
My accountant minimises my taxable income. Is that a problem?
It's a common tension. We identify legitimate add-backs and choose lenders whose assessment method suits how your business is structured.
Let's look at your financials together
A free, no-obligation 30-minute call is usually enough to know exactly where you stand and what to do next.