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Commercial Alt Doc

Commercial property lending for self-employed clients without full financials. ABN from 12 months. No application fee. No clawback.

Overview

Better Choice’s Commercial Alt Doc product provides flexible commercial lending for self-employed borrowers who cannot or prefer not to provide traditional full financial documentation. With a minimum 12-month ABN registration and income verified by BAS, bank statements, or an accountant’s declaration, this product opens commercial lending to a wider range of self-employed clients.

With no application fee (currently waived), no clawback, IO up to 5 years, and loan terms from 3 to 30 years, the Commercial Alt Doc offers the same competitive features as our full doc commercial product — in a more accessible format for self-employed borrowers.

An Easy Refinance pathway is also available for established commercial borrowers with at least 12 months of good repayment history, significantly reducing the documentation required for refinance applications.

Features

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ABN from 12 months

Minimum 12 months ABN registration required — accessible for self-employed clients who don't yet have the 24-month history required for full doc.
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Flexible income verification

Income verified by Declaration of Financial Status PLUS one of: 6 months ATO lodged BAS, 6 months business bank statements, or a Gold Commercial Accountant's Declaration.
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No application fee

Application fees currently waived on Commercial Alt Doc — consistent with our no-fee commitment across the commercial range.
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No clawback

Better Choice does not clawback broker commissions on commercial alt doc loans, regardless of when the loan repays.
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Easy refinance pathway

Self-employed borrowers with 12+ months of good repayment conduct may qualify for a reduced documentation commercial refinance — subject to eligibility.
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Up to 80% LVR

Maximum LVR of 80% for Category 1 postcodes. Maximum loan $5m Cat 1, $3m Cat 2, $1.5m Cat 3 at up to 70% LVR.

Have a commercial alt doc scenario?

Submit your client's details to our commercial team and we'll come back to you promptly with our assessment.
Submit a scenario

Helpful information

Product and rates guide

Full Commercial Alt Doc product details, fees, and eligibility criteria.
Download

Application checklist

Preparation checklist for commercial alt doc applications.
Download

Servicing calculator

Estimate commercial borrowing capacity for your client.
Use calculator

Frequently asked questions

What income documentation is required?

The last 2 years’ business/company tax returns and financial statements (most recent no older than 18 months), plus the latest personal tax return and ATO notice for all directors and guarantors. Where a trust is involved, a certified copy of the Trust Deed and all Deeds of Variation are also required.

What is the minimum self-employment period?

A minimum 24-month ABN registration is required for the Commercial Term Loan.

What is the maximum LVR?

Up to 80% LVR for Category 1 security locations (75% Cat 2, 70% Cat 3).

Is there an Easy Refinance pathway available?

Yes. Eligible borrowers with an existing business term loan, minimum 12 months tenure, and clean repayment history may qualify for the Commercial Alt Doc Easy Refinance. Maximum loan amount is $2.0m. Contact Robyn Hadlow to discuss eligibility.

Can the loan be used for the borrower’s own business premises?

Yes. Commercial Alt Doc can be used for both owner-occupied business property and investment purposes.

Is there a clawback on commissions?

No. There is no clawback on commercial lending commissions.

Things you should know

Rates indicated are for illustrative purposes only, are subject to change without notice, and do not constitute an offer of credit. Actual rates are determined at the time of assessment. Eligibility criteria, fees, and charges apply. This information is prepared by Better Choice Home Loans and is intended for use by licensed mortgage brokers only. It is not to be distributed to consumers or used as the basis for consumer credit advice. Better Choice Home Loans ABN 79 095 728 868 Australian Credit Licence 378333.