Aaron WhybrowGeneral Manager, Strategic Mortgage Broker

Borrowing Capacity

Name: Borrowing Capacity
Uploaded: 2022-06-15T05:43:12Z
Channel: Aaron Whybrow
Description: Aaron Whybrow shows how to boost borrowing capacity using recent business activity statements. Two quarters of BAS can unlock lower rates and fees with…

15 Jun 2022

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Aaron Whybrow shows how to boost borrowing capacity using recent business activity statements. Two quarters of BAS can unlock lower rates and fees with certain lenders. If clients don't have BAS yet, an accountant's letter works as verification.

Questions this video answers

2/4 (two quarters) of business activity statements.

A letter from the client's accountant can be accepted as alternative verification.

Hey there, it's Aaron. Just been working on a couple of clients to accelerate their borrowing capacity by utilizing 2/4 of business activity statements. This has been quite advantageous for them. We're in the later part of the financial year which allows us to look at what's their uplift, what has happened recently to be able to get them some borrowing. At the moment we have a critical lender where we can just use 2/4 of bass. We can get some really awesome interest rates and low application fees. So if you're looking for low rate utilizing more up to date figures like your business activity statements, really keen to be able to talk with you, go through the numbers and see what we can do to be able to get you the best lending right now if you don't have bas and you have some different verification like your accountant's willing to write a letter, we can accommodate that as well. All right, well talk soon.