Preparation checklist
What information might a business lender request?
Requirements vary, but an organised information pack can help directors explain the business, funding purpose and repayment strategy.
Core business information
- Legal entity, ABN/ACN and ownership details
- Recent financial statements and management accounts
- Business bank statements
- Revenue, margin and cash-flow information
Liabilities and finance
- Existing loans, leases and equipment finance
- Business tax account information where relevant
- Creditor and debtor ageing
Funding purpose
- Requested amount
- Specific use of funds
- Timing
- Expected repayment source
Do not email or submit passwords, TFNs or online-banking credentials through unsecured forms. This checklist is general information only.