Business & Commercial Policy
ABN history, GST registration, business structure, trading history and documentation can all influence commercial lender selection. Newer businesses and non-standard scenarios may still have viable finance pathways.
This page provides general guidance only. ABN requirements, documentation standards, business eligibility, asset criteria and lender appetite vary and may change without notice. Submit the scenario to Yes Approved for a current assessment.
Not every business fits the same lender box.
Commercial lenders can take different approaches to business age, documentation, structure and transaction type.
New ABN
A shorter ABN history does not always mean finance is unavailable, particularly where there is strong industry experience.
Explore ABN history →New Business
Selected lenders may consider newer businesses where the applicant can demonstrate experience and a credible purpose.
Explore new businesses →Low Doc
Eligible businesses may have access to alternative income verification instead of full financial statements.
Explore Low Doc →GST Registration
GST registration requirements can vary by lender, product and transaction type.
Explore GST requirements →Business Structure
Sole traders, companies, partnerships and trusts may each require different supporting information.
Explore business structures →Commercial Purpose
Asset use and borrowing purpose can influence the appropriate finance product and lender.
Explore commercial purpose →What can commercial lenders consider?
Business age is only one part of the assessment. The applicant, enterprise, asset and transaction can all contribute to lender selection.
The business
Depending on lender and product, assessment may include:
- ABN registration period
- GST registration
- Trading history
- Business structure
- Industry and business activity
- Financial position
The people & transaction
The broader scenario may also include:
- Director or proprietor experience
- Previous industry history
- Credit profile
- Asset being financed
- Loan amount and structure
- Business purpose
A new business doesn't always mean starting from zero.
Where a business has limited trading history, selected lenders may look at the experience and background behind the business.
What may help
- Previous experience in the same industry
- Relevant employment history
- Existing contracts or work
- Strong personal credit profile
- Appropriate deposit or equity
- A sensible asset for the business activity
What can need more assessment
- Very limited trading history
- Completely new industry
- Large transaction relative to business size
- Complex ownership structures
- Weak recent credit conduct
- Highly specialised assets
Commercial scenarios at a glance
General guidance to help determine when a business scenario should be assessed rather than automatically declined.
Don't automatically decline a client because their ABN is new or they don't have two years of financial statements. The business history, applicant experience and available documentation should be considered together before deciding whether a lender pathway exists.
Send us the business story.
Tell us about the business, applicant, asset and transaction. We'll review the scenario against available commercial lender pathways and current policy.
Important information
Information contained in the Yes Approved Partner Policy Centre is general information only and is intended to assist referral partners in understanding common commercial lending considerations and potential finance pathways.
It does not represent a complete statement of any lender's commercial credit policy and should not be relied upon as confirmation that a particular business, applicant, asset, transaction or loan structure will qualify for finance.
Lender policies, minimum business trading periods, ABN and GST requirements, documentation standards, credit criteria, rates, fees, product availability, acceptable assets and assessment processes are subject to change without notice.
Requirements can vary according to the business structure, trading history, applicant circumstances, credit profile, borrowing purpose, asset, transaction structure and other factors.
All finance applications remain subject to lender eligibility requirements, credit assessment, verification, applicable legal and regulatory requirements and final lender approval.
Yes Approved does not guarantee that finance will be available or that an application will be approved based on information contained within the Partner Policy Centre.
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