Alt doc options for your self-employed clients

Alt doc options for your self-employed clients

Self-employed borrowers don't always have traditional proof of income documents and may need a more flexible lending approach. That's where Alt Doc options with Connective Solutions could help. With our Alt Doc home loan and commercial loan options, your clients can verify their income using a range of documentation. This includes an Accountant's Letter, which doesn't require accountants to declare their client's ability to repay.

With Alt Doc available for home loans and commercial lending, your clients could have more options to succeed. Clients can verify their income through:

Home loans

For clients with ABNs and GST ≥ 6 months.

  • Declaration of financial position plus one/two of the following:
    • 6 months business bank statements
    • 6 months BAS
    • Accountant's letter

Commercial loans

For clients with ABN ≥ 24 months and GST ≥ 12 months.

  • Declaration of financial position plus one/two of the following:
    • 12 months business bank statements (inclusive of the last 1 month)
    • 12 months BASAccountant's letter
  • Copy of current lease (where applicable)

Speak to to your Connective Home Loans BDM for more information on our options that could help your clients consolidate their debts and manage cashflow.

Important information

Information is correct as of 27 July 2022 and subject to change at any time.

All applications are subject to the credit provider's credit assessment, eligibility criteria, and lending limits. Terms, conditions, fees and charges apply.

Information provided is factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser.

©Pepper Money Limited ABN 55 094 317 665; AFSL 286655; Australian Credit Licence 286655 (“Pepper”). All rights reserved. Pepper is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647.