At a glance
| Financial statements | Not required |
|---|---|
| Tax returns / BAS | Not required |
| What we need | ID, property details, purpose, exit plan |
| Loan size | $20,000 to $5,000,000 |
| Funding | As little as 24 hours |
How no financials business loans work
Late tax returns are one of the most common reasons a good business gets a bank decline. Maybe the accountant is behind, last year was a one-off loss, or you're mid-restructure.
When the loan is secured by property, none of that has to stop you. We assess the security and your exit plan, and that's it.
Who it suits
- Tax returns not yet lodged
- A loss year that doesn't reflect the business today
- New structures, new companies or recent acquisitions
- Owners who value privacy and speed
How it works
- Check eligibility60 seconds online, with no credit score impact.
- Talk to a specialistWe confirm the amount, property and exit plan the same day.
- Get a written offerEvery cost set out clearly, often with just a desktop valuation.
- Sign and settleE-sign, we lodge the security, and funds land in as little as 24 hours.
What you'll need
- Photo ID for each borrower and guarantor
- Property address and who owns it
- What's owing on the property (if anything)
- The loan purpose and your exit plan
Not needed: No tax returns, financial statements, BAS or accountant letters.
A tradie business two years behind on tax returns
A Victorian electrical contractor hadn't lodged returns for two years while the business grew fast, and needed $250,000 for a van fleet deposit and materials on a big contract. Secured against his home, the loan funded in two days with no financials.
Frequently asked questions
Can I get a business loan without tax returns?
Yes, with a property-secured loan. Because the property secures the loan, we don't need tax returns, BAS or financial statements.
Can I get a business loan without bank statements?
For property-secured loans, generally yes. We may ask what the funds are for and how you'll repay, but we don't assess your trading history. Cash-flow loans, by contrast, are based on bank statements.
Why would a lender not need financials?
Because the lending decision rests on the property's equity and a realistic exit, such as a sale, refinance or payout, rather than on your historical profit.
Does it cost anything to apply?
No. There's no cost to apply or check your eligibility. All costs are set out in writing in your loan offer before you sign anything.
Will checking my eligibility affect my credit score?
No. Our 60-second eligibility check doesn't make a credit enquiry. A credit check is only done later, with your consent, if you decide to proceed.
