Self-employed and business-income lending
No tidy payslip. That is fine. We do this every week.
If you work for yourself, the bank does not see a tidy payslip. They see financials, GST returns, a company or trust, and a story they have to believe.
The job is not inflating the number. It is showing a lender a clean, conservative picture of what you actually earn — and picking the one that will treat that picture fairly.
Some lenders want two years of financials. Some will look at a year plus a draft. Some will work off PAYE plus dividends. It depends on the file, not a slogan.
What we need from you
- Recent financials — or a draft if the year has just ended
- GST returns, if that is how you report
- How the business is set up: sole trader, company, trust
- What you pay yourself, and what stays in the company
- Anything coming: a new contract, a quiet quarter, a hire
We will not promise a borrowing number before we have seen the files. We will tell you early if the file is thin, and what would make it stronger.
Contractors and company owners too
Contracting, a family company, or income that lands in two places — we have packaged those. The lender still has to like the risk. Our job is to put the file in front of the one that will read it properly.
If your accountant and the bank are going to pull in different directions, we will say so before you spend a week on an application that cannot fly.
Momentum Partners Limited FSP757091. Mo Olckers FSP753591 · 021 089 40336 · [email protected]. Olga Zaruchevskaya FSP1010601 · 021 0223 6331 · [email protected]. Clients nationwide.