Full doc finance
Commercial full doc finance is the primary loan type found with most commercial lenders. Commercial full doc loans are fully verified loans assessed using the most current financial and income statements available at the time of application.
Commercial full doc finance is a loan facility secured by commercial property supported by verifiable income documents like:
- tax returns
- profit and loss statements (P/L)
- balance sheets
- tax assessment notices
- tax portal statements
- group certificates
When a lender assesses your affordability position with any of the above supporting income documents, the process is then called a ‘fully documented and supported assessment’.