Home loan, employed
- Identification: driver licence and passport or Medicare card
- Two most recent payslips, and a group certificate or income statement for the last financial year
- Three months of statements for every bank account, including savings showing the deposit
- Statements for every credit card, car loan, personal loan and buy-now-pay-later account; HELP balance
- For a purchase: the contract of sale once signed; for a refinance: six months of the current home loan statements
- Rental income: lease or agent statement; child support or maintenance: assessment or order
Home loan, self-employed
- Everything above, plus two years of personal tax returns and notices of assessment
- Two years of business or company returns and financial statements (profit and loss, balance sheet)
- For a company or trust: the ASIC extract, trust deed, and the accountant's details
- Most recent BAS statements where the returns are more than a few months old
- Low-doc: an accountant's declaration, six to twelve months of BAS, and business bank statements
Overdraft or line of credit
- Two years of business financials and returns, and year-to-date management accounts
- Six months of business bank statements, showing the trading pattern and any existing facility's conduct
- Aged debtors and creditors listings at the last month end
- ATO portal statements showing tax lodged and paid, or the arrangement in place
- Security details: the property title or the business assets offered; director guarantees are standard
- A one-paragraph purpose and sizing: the working capital calculator result is enough
Invoice finance
- Aged debtors listing with customer names, invoice dates and amounts
- Sample invoices, and the terms of trade or contracts with the main customers
- Six months of business bank statements and the last financial statements
- Confirmation of no existing charge over the debtors (or the payout figure for one)
Equipment and vehicle finance
- Low-doc (to about $150,000, ABN two years or more, clean credit): identification, ABN, the supplier's quote or tax invoice, and the business's bank account for the direct debit
- Used or private-sale asset: the seller's details, a valuation or inspection, and a PPSR check (the lender runs it)
- Full-doc (above the threshold or a newer ABN): the last financial statements and returns, and six months of bank statements
- Insurance on the asset, noted to the lender, before settlement
Commercial property and development
- The contract of sale and the lease (or leases), with tenant details and rent schedule
- Two years of financials and returns for the borrowing entity and the guarantors; the structure chart for a company or trust
- For an owner-occupier: the business's financials and the proposed rent to itself
- For an SMSF: the trust deed, bare trust documents, the fund's financials and investment strategy
- Development: the feasibility, development approval, builder's fixed-price contract, quantity surveyor's report, presale contracts, and the developer's track record
- The lender commissions the valuation; expect to pay for it before approval
Having the list's items in one folder before the application is what turns a three-week approval into a one-week one; the business cash flow page and the commercial property page set out how each facility is assessed once the documents are in.