For Self-Employed & Business Owners

Your goal is to pay less tax. Our expertise is understanding your P&L to maximise leverage.

Our approach

Your accountant minimises your tax. We make sure it doesn't cost you borrowing power.

A good accountant works within the rules to keep your taxable income low, and that is exactly their job. But profitability is what drives serviceability, and serviceability is what gives you the borrowing power to grow your business and your assets. The two pull in opposite directions. Working closely with your accountant, we understand both levers, so your structure can stay tax-efficient while still presenting the profitability that lenders reward. You should not have to choose between paying less tax and borrowing well. With the right structure and the right lender, you get both.

Income presented in full

Retained earnings, add-backs, director loans, and one-off expenses are read differently by every lender. We make sure the lender we choose counts the income you genuinely earn.

Your strongest year, recognised

If your most recent year is your best, we target the lender that assesses it on its own merits rather than averaging it down, which can lift your capacity substantially.

Newer businesses, still backed

A recent ABN, a new entity, or a move from sole trader to company need not hold you back. We know the lenders that look through to the real trading history.

How lenders read your income

Same financials. Borrowing capacity hundreds of thousands apart.

Self-employed lending is the area where lender policy varies most sharply. Two lenders presented with the identical set of company accounts can land on borrowing capacities that differ by several hundred thousand dollars, purely because of how each one treats the moving parts.

The variables that move the number: whether add-backs like depreciation, interest, and one-off expenses are returned to income; whether retained profits sitting in the company are counted; whether the lender averages two years or uses the most recent; how trust distributions are attributed; and how much time in business the lender requires before it will lend at all.

The cheapest advertised rate is often closed to you. The second or third lender on the shortlist is frequently where the strong outcome sits.

Illustrative example

A consultant on an ABN, two lenders, $240K of difference.

A self-employed consultant operating through a company, two years trading, with $95K drawn as salary and roughly $140K retained in the company each year. Same accounts presented to two lenders with publicly similar rates.

Lender A
$760K
Assesses salary only. Retained profits ignored. Two-year average applied.
Lender B
$1.0M
Counts salary plus retained company profits. Most recent year used. Add-backs returned.

Anonymised illustration. Real outcomes depend on full financial review. Charter Finance does not guarantee any specific borrowing capacity outside that review process.

What actually moves the number

The levers most business owners never hear about. Each one can shift your capacity materially.

A high-street bank applies one policy and gives you one answer. Across a panel of more than 50 lenders, the same financials can produce very different outcomes, because each of these levers is treated differently from one lender to the next. Two of them, in particular, are where we change the result for business owners and founders.

Founders and start-ups: assessed on salary, not company profit

Most banks decline the moment a business shows a loss, which rules out almost every growing start-up that reinvests revenue rather than banking profit. But if you draw a genuine salary from your own company, a smaller group of lenders will assess that salary as PAYG income, the same way they would for any employee, rather than fixating on the company's bottom line. For tech founders and other high-growth operators paying themselves properly while the business scales, this is often the difference between a flat "no" and an approval.

Company debts excluded from your personal assessment

If your business carries its own loans, most lenders fold those liabilities straight into your personal serviceability, which can crush your borrowing power. But where you draw a sufficient salary and leave enough profit in the company to cover its own debts, certain lenders will treat you and your business as separate, a "standalone" assessment, and leave the business loans out of your personal calculation entirely. On a business carrying real debt, this single distinction can change your borrowing capacity by hundreds of thousands of dollars.

One-year income policy

Where your most recent year is your strongest, lenders that assess one year (rather than averaging two and using the lower) can lift assessed income substantially.

Add-backs returned to income

Depreciation, one-off expenses, additional super, and director interest can be added back to your assessable income, by the lenders whose policy allows it.

Retained profits counted

Profit you leave in the company for tax efficiency is ignored by some lenders and counted as income by others, where you are the owner.

Add-back-friendly servicing

Each lender runs its own servicing calculator. The one that reads your income most generously is rarely the one advertising the lowest rate.

The right combination of these levers depends entirely on your structure and goals. The figures and outcomes described are general and illustrative. A full review of your circumstances is needed before any borrowing strategy is recommended.

What we do

We package your business so the right lender sees the right story.

Left to navigate it alone, self-employed borrowers too often end up with expensive debt, and hand over more security than they should. Banks and some lenders take more collateral than the loan warrants, and they charge a premium where they can, because the borrower has no easy way to compare. Our job is to close that gap: the right lender, the right amount of security, and pricing that reflects your real strength rather than the bank's convenience.

The work is part lender selection, part presentation. We start with your accountant, because the figures need to tell a coherent story before they reach a credit assessor. Then we match your income profile to the lender whose policy treats it most favourably, and we structure the loan so the approval is the start of a wealth position, not just a transaction.

Most self-employed borrowers have been told "no" or "not yet" by a bank at some point. That answer almost always reflects one lender's policy, not your actual borrowing position. We treat a knock-back as information about that lender, then go to the market that fits.

  • Accountant coordination. We work directly with your accountant so the financials, BAS, and add-backs are presented consistently and in your favour.
  • Lender matching. We run your profile against multiple lender calculators to find where your income is read most generously, before any application is lodged.
  • Structure for the long term. Offset, split loans, and entity-aligned borrowing so deductible and non-deductible debt sit where they should.
  • Low-doc where appropriate. For genuine cases where full financials are not yet available, alternative-documentation lending through lenders who price it fairly.
The income types we work with

If your money does not arrive as a simple salary, this is our daily work.

  • Sole traders on an ABN, with one or more years of tax returns.
  • Company directors drawing salary plus retained profits and dividends.
  • Trust structures with distributions across beneficiaries.
  • Contractors and consultants on day rates or project income.
  • Mixed income earners combining PAYG salary with business or investment income.
You might sit in two places at once

Many self-employed clients also fit a profession. Start wherever fits best.

A self-employed GP, a barrister billing through chambers, or an accountant running a practice is both self-employed and a profession-based borrower. The lending concessions differ. If one of these describes you, the profession-specific page is the better starting point, and we will join the two threads together when we talk.

Common questions

Plain answers for self-employed borrowers.

General information only. For advice specific to your circumstances, speak with a Charter Finance adviser.

Yes. Self-employed borrowers can access the same loans, rates, and LVRs as salaried borrowers, provided their income is presented and assessed correctly. The difficulty is rarely whether you qualify; it is that lenders assess self-employed income very differently from each other, so the same financials can produce wildly different outcomes depending on which lender you approach. Sole traders, company directors, contractors, and trust beneficiaries are all common self-employed borrowers, and each is assessed slightly differently. The work is matching your specific income structure to the lender whose policy reads it most favourably, then presenting the application so a credit assessor sees the real strength of your position.
There is no single number, because each lender calculates your borrowing capacity differently. The same self-employed applicant can receive offers that vary by hundreds of thousands of dollars across lenders, depending on how each one treats add-backs, retained company profits, the number of years assessed, and any business debts. The factors that move your capacity most are whether the lender assesses one year or averages two, whether it counts profit left in the company, whether it adds back depreciation and one-off expenses, and whether it excludes your business loans from the assessment. Rather than guess, we run your profile through multiple lender calculators to find the genuine ceiling before any application is lodged.
Often yes, even when the business shows a loss. Many growing start-ups reinvest revenue into the business and run at a book loss, which causes most banks to decline automatically because they assess the company's profit. The key is how you pay yourself. If you draw a genuine salary from your own company, a smaller group of lenders will assess that salary as PAYG income, the same way they would for any employee, rather than focusing on the company's bottom line. For tech founders and other high-growth operators who pay themselves a real wage while scaling the business, this approach frequently turns a flat decline into an approval. We identify the lenders who assess founders this way and structure the application around your salary.
Yes, with the right lender. While many banks want two years of tax returns and will average them (using the lower year if your income dipped), a number of lenders will assess a single year of financials where your ABN has been registered long enough and your most recent year is strong. If your latest year is your best year, being assessed on that one year rather than a two-year average can lift your assessed income significantly, which in turn can add a meaningful amount to your borrowing capacity. The trade-off and eligibility differ by lender, which is exactly the kind of policy detail that determines the outcome.
In the right circumstances, yes. Most lenders fold your business liabilities into your personal serviceability, which reduces how much you can borrow for a home. However, if you draw a sufficient salary and leave enough profit in the company to service its own debts, certain lenders will treat you and your business as separate (a "standalone" assessment) and leave the business loans out of your personal calculation. For a business carrying material debt, this distinction can change your personal borrowing capacity by hundreds of thousands of dollars. Whether it is available depends on your salary, the company's profitability, and the lender's policy, all of which we assess before recommending an approach.
Add-backs are expenses that reduce your taxable profit on paper but are not true ongoing cash costs to you, so a lender can legitimately add them back to work out your real income. Common examples include depreciation, interest on debt being refinanced, one-off or non-recurring expenses, additional superannuation contributions, and certain director payments. Every lender keeps its own list of what it will and will not add back, so a lender that returns depreciation and director super to income can assess you far more generously than one that does not, on identical financials. Identifying the add-backs in your accounts and matching them to the lender that recognises them is one of the highest-impact parts of the work.
With the right lender, yes. Many business owners draw a modest salary and leave the balance of profit in the company for tax efficiency. Some lenders only assess the salary you have drawn, which understates your true earning capacity. Others look through to the retained profits of the company, where you are the owner or a substantial shareholder, and count them toward your income. This single policy difference can shift your borrowing capacity by hundreds of thousands of dollars, and it is one of the first things we check when matching you to a lender.
Trust income is assessed on how distributions flow to you and your household, and lenders treat it inconsistently. If the trust distributes to you and a spouse, some lenders count the full distribution where you control the trust, while others count only the portion distributed to the applicant. Retained income within the trust is treated differently again. Discretionary (family) trusts, unit trusts, and hybrid structures each carry their own assessment quirks. Because the structure was usually set up for tax and asset-protection reasons rather than for borrowing, the lending needs to be fitted around it carefully. We work with your accountant to present the trust position clearly and select a lender whose policy suits it.
A low-doc (or alternative-documentation) loan is for genuine self-employed borrowers who cannot yet provide full tax returns, for example because the most recent financial year is not yet lodged. Instead of full financials, the lender accepts alternatives such as BAS statements, an accountant's declaration, or business bank statements. Historically low-doc lending carried a meaningful rate premium, but the gap has narrowed, and some specialist lenders now price it competitively. It is not a way around proving income; it is a different way of proving it. For business owners with strong recent trading but incomplete paperwork, it is often the right bridge.
Usually not. A decline from one lender reflects that lender's policy and its reading of your income, not a universal verdict on your borrowing capacity. Self-employed assessments vary more between lenders than almost any other borrower type, so the same financials that produced a "no" at one bank can produce a comfortable approval at another. The important thing after a decline is to avoid scattering full applications across multiple lenders, because each one leaves a credit enquiry on your file. We assess where you actually fit first, then apply once, to the right lender. There is no charge for standard residential and investment lending; the lender pays a commission on settlement, so you get the benefit of the advice regardless.
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