Minimal document requirements
One of the biggest perks of working capital lending is that the paperwork is usually lighter compared to asset finance or a mortgage.
That said, “minimal” doesn’t mean “none.” Some borrowers believe they don't need documents at all or they can access avery large amount—say $300,000 or even more—with their bank statements alone.
To make it simple, we've put together a quick documentation guide for different amounts.
Keep in mind that, although we can anticipate what paperwork may be needed upfront, the fluid nature of lender policy, external factors, and individual issues can all mean extra paperwork later.
After all, working capital lending is case-by-case, and the application process will vary based on each individual business profile.
General document guide
Low-doc (up to $100,000)
- Bank statements
- ID for all signatories
- The privacy, consents and authorities form
- Any entity related documents (e.g. a trust deed for a trust entity structure)
Upload the linked bank statements, ID’s, and privacy consents directly into Savanna. Send any other docs to our Referrer Support team at applications@valiant.finance.
Mid-doc ($100,000 to $250,000)
Everything in low-doc, plus:
- ATO portals
- BAS (on request)
- Mortgage statement (on request)
Forward these docs to our Referrer Support team at applications@valiant.finance.
Full-doc (over $250,000)
Everything in low- and mid-doc, plus:
- Profit and loss document
- 2 years of accountant-prepared financials
Forward these docs to our Referrer Support team at applications@valiant.finance.
While there may be exceptions—sometimes you’ll need more, sometimes less—this guide will help you set the right expectations with clients.