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BUSINESS DETAILS
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DIRECTOR/SHAREHOLDER/PARTNER/SOLE TRADER/GUARANTOR (2)
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ACCOUNTANT DETAILS
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ASSET AND LIABILITY STATEMENT
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ASSET
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LIABILITY
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BANK ACCOUNTS
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OVERDRAFTS
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MOTOR VEHICLES
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CREDIT CARDS
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INSURANCES
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LOANS/ LEASES/HIRE PURCHASE
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LIABILITY/PARTNERSHIP
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DECLARATION
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I/We declare the above information provided is true and correct
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WARNING: This loan is not covered by National Consumer Credit Protection Regulations.
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LOAN PURPOSE AND DETAILS
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Loan Purpose:
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Repayment Strategy:
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Have you or your spouse, ever been declared bankrupt or insolvent, or assigned either estate for the benefit of creditors, or have you, or your spouse, had any unsatisfied court judgments against you or defaulted on any previous loans?
YesNo
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Have you or your spouse, ever been shareholders or officers of any company of which a, manager and/or liquidator has been appointed or have there been any unsatisfied judgments against such company?
YesNo
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Has any fee charge been paid or promised to any other person as consideration for obtaining approval for this loan?
YesNo
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Do any of the applicants have any outstanding or upcoming court cases either state or federally?
YesNo
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Have you or anyone on your behalf submitted an application to another lender for this loan?
YesNo
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Have you or will you be borrowing additional funds to complete the proposed purchase or development of the mortgaged property??
YesNo
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The borrow warrants that it is solvent and verily believes that it has the future ability to pay the debts and comply with its obligations
YesNo
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The borrower declares that the funds will be used for 100% business use
YesNo
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I / We hereby apply for a loan and certify that the above statements are true and correct and will remain true and correct unless and until I/We notify you otherwise in writing. I/We agree to pay all costs and expenses reasonable incurred in consequence of this application, to the extent that such payments are permitted by law. I/We authorise you to arrange a valuation of the security offered, provided that approval “in principle” of this loan has been granted and I/We understand that such a valuation will be required from an approved registered valuer, and that no refund of valuation fees will be made in the event that the valuation does not meet your requirement. My solicitor/agent is authorised to accept any notification on my/our behalf. If a loan is approved in principle, you will issue me/us a letter of offer. I/We will be bound by its terms and conditions. I/We agree to execute a first ranking mortgage over the security property.
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PRIVACY ACT
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I/We acknowledge that Section 18E(8)(c) of the Privacy Act 1988 allows the Corporate Funding to give a credit reporting agency certain personal information about me/us which I authorise the Corporate Funding to so. The information which may be given to an agency is covered by Section 18E(1) of the Act and includes details of this request for finance and credit history details of any accounts currently or formerly held with the Bank or Corporate Funding.
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Authority to exchange information with other credit providers
In accordance with Section 18N(I)(b) of the Privacy Act, I/we authorize Corporate Funding and other concerned companies to give and obtain from credit providers, accountants, lawyers, and credit providers that may be named in a credit report issued by a credit reporting agency, information about my/our credit arrangement. I/We understand this information can include any information about my/our credit worthiness, credit standing, credit history, or credit capacity that credit providers are allowed to give or receive from each other under the Privacy Act 1988.
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I/We understand the information may be used for the following purposes:
To assess an application by me/us for credit.
To assist me/us avoid defaulting on my/our credit obligations.
To notify other credit providers of a default by me/us.
To assess my/our credit worthiness.
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Declaration
I/We hereby confirm that the information provided throughout this application is true and correct, even if not in my/our own handwriting.
I/We understand that the decision made by Corporate Funding to accept or decline this application is made based on the information provided by me/us in this application. Corporate Funding shall be entitled to pass on any information to any guarantor[s], my Accountant and/or Solicitor from time to time and any person authorized to act on behalf of my Accountant and/or Solicitor. A credit search is undertaken on all directorships held or other related entities. Commercial Files are securely stored for the term of the loan & archived for 2 years post discharge of your loan facility.
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ACKNOWLEDGEMENT OF DECLARATION AND PRIVACY ACT
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I/We apply for credit. I/We and any guarantors are all aged over 18 years. The information set out in this application or otherwise provided about me/us and any guarantor is true and correct and will be relied on. I/We consent to the disclosure of this application and any loan information (including statements of account, requests for payment, etc) before during or after the loan to any guarantor. I/We agree to pay any loan application fee, all fees and charges incurred to process the application, to obtain the valuation report about the security property and legal expenses to prepare the loan and security documents. I/We acknowledge that commissions may be payable for the loan, insurance and other services provided in connection with the loan.
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