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Standard Requirements of Financiers

The financier will generally require the following when assessing your application.

  • Copies of both contracts (Unit & Business).
  • Copy of Management and Letting Agreements. 
  • Last year's Profit and Loss statement on business being purchased.
  • Verification report if held. (Approval maybe sort subject to satisfactory completion.) 
  • Your personal &/or business tax returns for the past two years.
  • Projected monthly cash flow.- not all banks require. 
  • Brief Resume - Detailing your associated experience/expertise for management rights.
  • Signed statement of Assets and Liabilities. 
  • Privacy Act consent forms to obtain credit checks.
  • Certified copies of identification documents - passport and drivers licence.

"I would recommend Barry to anyone wanting to enter management rights and needing the services of a finance broker. He offers a professional service based on strong industry knowledge and experience but more than that, works with his clients to build a long term professional relationship based on client success."

Shona Jones - Offshore Noosa Resort