SELF-EMPLOYED BORROWERS
Your income may need context, not a simple payslip.
Bring together the business story and the documents a lender may need to assess it.
YOUR QUESTIONS, ANSWERED EARLY
The questions worth asking first.
How many years of financials will I need?
Requirements vary by lender and application type. Recent lodged accounts are common, while other pathways may use different evidence subject to policy.
Can one-off business costs be considered?
Some lenders may treat supported non-recurring items differently. This is lender-specific and must be evidenced; it should never be assumed.
Should I wait until new accounts are lodged?
Timing can change the options. It is useful to compare the current evidence with the likely next set of figures before choosing when to apply.
Will one year of financial statements be enough?
Some lender policies may use one year while others ask for a longer history or additional evidence. The business age, trend and consistency of the documents will matter.
Can BAS, depreciation or one-off expenses be considered?
Relevant evidence may help explain current trading or non-recurring items, but treatment varies by lender. Any adjustment needs to be supportable and should not be assumed before assessment.
YOUR DECISION, CLEARLY FRAMED
What matters before the application.
For a business owner, the accounts tell only part of the story. Trading history, business structure, tax position, current performance and one-off events may all help explain how the income has been generated.
WORKING WITH JIMMY
What the first conversation is like.
Can I talk before I am ready to apply?
Yes. You can start with questions, an early borrowing conversation or incomplete documents. The first step is to understand where you are now and what would make the next decision clearer.
Will my details be sent to a lender straight away?
No application is lodged without your agreement. Jimmy first reviews the situation, identifies missing information and explains the proposed pathway before you decide whether to proceed.
Will I deal directly with Jimmy?
Yes. You speak directly with Jimmy about the lending strategy, application questions and progress rather than being passed between a sales team and a call centre.
What will the service cost?
Any fee payable by you and any lender-paid commission arrangements will be explained before you proceed. Fees can differ for residential, commercial, business, development and specialist work, so the applicable terms need to be confirmed for your matter.
How long will it take?
Timing depends on the lender, valuation, document quality and complexity of the transaction. Once the pathway is clearer, Jimmy can explain the current requirements, likely sequence and any deadline risk that needs attention.
HOW JIMMY CAN HELP
A practical path from question to next step.
Identify the personal and business documents relevant to the proposed application.
Present business changes and current performance in a clear, evidence-based way.
Compare lender documentation pathways that may suit the available evidence.
Coordinate follow-up questions with your accountant where authority is provided.
WHAT TO PREPARE
A useful first conversation starts with a few facts.
- Recent personal and business tax returns
- Notices of assessment and financial statements
- Current liabilities, tax debts and business loans
- A short explanation of material changes in the business
Please do not send identity or financial documents through the website enquiry form.
WHAT HAPPENS NEXT
One clear step at a time.
Read the business story
Review structure, trading history, income movement and current obligations.
Organise the evidence
Match the available documents to the information a lender needs to verify.
Present a clear application
Explain supported variations and respond to lender questions consistently.
CLEAR EXPECTATIONS
Useful guidance without overpromising the outcome.
Business-income assessment is lender-specific. All figures and explanations need appropriate evidence and may still be subject to further verification.
START WITH YOUR POSITION
Bring the facts.
Leave with a clearer next step.
Or call Jimmy on 0411 337 262