Self-Employed No Financials Options
Short-term loan options for self-employed borrowers who need funding without financials, ideal for investments, acquisitions, or a cashflow boost.This product is designed to be a short term solution for clients that do not meet income verification requirements with a mainstream lender or prefer a simplified application approach but have an acceptable exit strategy at the end of the loan term.
Give your business the boost it needs
With a short-term commercial loan tailored for self-employed borrowers, you can access a quick cash injection to support your next adventure — without needing to provide financials.
Why this style of loan can work well
- Ideal for business investments, expansion or acquisition.
- No financial statements required.
- Suited to time-sensitive opportunities where waiting for full financials is not practical.
My view: these products can be powerful tools for the right borrower and purpose — but they must be used strategically, with a clear exit plan.
Key loan features
- LVR up to 80% on residential security.
- LVR up to 70% on commercial security.
- Maximum loan amount $4,000,000
- Minimum loan amount $100,000
- Loan term 1 – 3 years IO (fixed rate)
- Owner occupier & investor
- Ideal for investments or acquisition
- No financials required
- Rates from 9.05% p.a.
- Repay weekly, fortnightly, monthly
Typical fee structure
Exact fees will depend on the lender, security type, loan size and complexity of the transaction. Below is a guide to common fees on this style of product:
- Application fee
- $795
- Establishment fee
- 1.00%
- Service fee (per month)
- $30
- Valuation $TBA* Val fee (quotes to be provided on conditional approval).
- $TBA
- Settlement fee
- $595
- Documentation fee
- $695
- Discharge fee
- $395
Rates and LVR
| LVR | Rate | Establishment fee* |
|---|---|---|
| <50% | 9.05% | 1.00% |
| <60% | 9.30% | 1.00% |
| <70% | 9.55% | 1.00% |
| <80% | 9.80% ** | 1.00% |
* Residential properties Max LVR 80%
* Commercial properties Max LVR 70%
* Rates and LVR may vary depending on lender policy. Alternative rates and/or Establishment fee applies to credit impaired/custom deals (ie non-AAA) or for developers/builders and some specialised securities.
Share your scenario and I will confirm whether a no-financials commercial loan is suitable for you, as there may be better options I can guide you towards.