Lenders want to see consistent business income over time. If your last few months weren't typical, they can usually look back two to three years, as long as there's a reasonable explanation for the dip.

In this video, the McKern Finance team explains what documents support a business loan, including forward-looking evidence. A cash flow forecast built around new or expected contracts can help, especially when those contracts are in writing. A letter from your accountant based on a verbal expectation of growth generally won't carry much weight on its own. Banks want something concrete to base the decision on.

In this video

0:07 What if my last three months are not reflective of my actual finances?

0:40 What documentation do you provide for forward planning?

General information only, not personal advice.