Owning a business has many advantages, however finding the right loan can be very difficult. Some challenges include incomplete financials, new tax entities and distribution of funds. We understand the various accounting structures which assist in presenting the loan to the chosen bank. We offer our service to liaise with your Accountant where required to collectively achieve the right result. As lending is our forte, we have the experience to position the finance application with the best chance of approval.
In some cases, Self-Employed clients require a ‘Lo Doc’ Loan. Generally this product is used where the Self-Employed client is unable to provide full Financials to verify their current income. Typically, where ample equity or deposit is evident, the guidelines with this type of facility are more lenient.
The different types of loans available vary greatly between lenders. It is important for us to understand your circumstances to provide the right advice and recommendation to proceed.