Being your own boss should feel rewarding. But for many self-employed Australians, applying for a loan can feel harder than it needs to be. Traditional lenders often want to see two years of tax returns, consistent income, and tidy financials — things that don’t always reflect the reality of running a business.
That doesn’t mean you’re shut out. It just means you need the right approach, and the right lender, to recognise the bigger picture.
Loan options that work for business owners
Not every lender has the same rules. With MA Money, self-employed borrowers can access flexible loan solutions designed for business owners, including:
- Alt doc loans – use BAS, bank statements, or an accountant’s letter instead of full tax returns.
- Near prime and specialist loans – ideal for borrowers with income complexity or past credit issues.
- Debt consolidation – combine personal, business, and even ATO debts into one manageable repayment.
- Cash out – to invest in equipment, expand your business, or cover one-off costs.
- Short-term ABNs – we can help borrowers with as little as 6 months of ABN history.
How we help customers like you
Here’s a real example. We recently helped a self-employed plumber who’d been knocked back by life – not by choice. One of his builders went bust in mid-2023, leaving him $40K out of pocket. The financial hit pushed him behind on his mortgage repayments, but he kept paying what he could. When he came to us, he needed a solution:
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- Refinance his home, soon to become an investment
- Consolidate credit card debts
- Cash out to purchase a new truck and excavator to rebuild business momentum
💡 We reviewed his loan statements in detail and structured a Near Prime Plus loan using an Accountant Letter for income verification.
✅ Refinance approved
✅ Debts consolidated
✅ Equipment funded
The takeaway
Being self-employed doesn’t mean you’re at a disadvantage. It just means you need a lender that looks beyond the numbers and understands how business really works.
👉 Want to see if you qualify? Use our Loan Finder tool to check your options in minutes.
💬 Prefer to speak to someone? We can put you in touch with a broker.
This article does not constitute financial, tax, or legal advice. It does not take into account your personal objectives, financial situation, or needs. You should seek independent advice from a licenced professional before making any financial decisions. Applications for credit are subject to eligibility and lending criteria.
MA Money Financial Services Pty Ltd ACN 639 174 315 Australian Credit License 522267. Applications for credit are subject to eligibility and lending criteria. Fees and charges are payable, and terms and conditions apply (available on request).
