Step 1: Find the "Add Entity" Section
An entity is the business or individual/sole trader applying for the loan. Before filling out the rest of the form, you must select an entity for the application.
When you start a new loan application, the "Add Entity" section is at the top of the page.
You will see a box that says: "Search with business name or ABN".
Step 2: Search for the Business or Person
Click inside the search box.
Type in the business name or ABN (a unique number given to registered businesses).
A list will appear above or below the search box with matching names—click on the correct one to select it.
👉 Tip: ensure the ABN matches as there can be duplicate business names especially in the case of sole traders.
Step 3: Reviewing and Completing Entity Details
What Happens After Selecting an Entity?
Once you’ve chosen an entity, its details will automatically appear. This includes:
✅ ABN (Australian Business Number)
✅ ACN (Australian Company Number)
✅ Entity Name & Type (e.g., Private Company)
✅ GST Registration Duration
✅ Time in Business
Step 4: Adding the Business Address
4A. Using Google Address Search
1️⃣ Click on the Address dropdown.
2️⃣ Type the business address.
3️⃣ Select the correct address from the suggestions.
4️⃣ Confirm that the address details are accurate.
👉 Tip: Using Google Address Search is faster and reduces errors in the address details.
4B. Adding Address Manually
1️⃣ Click on Add Address Manually.
2️⃣ Enter the address details in the provided fields:
Unit Number
Street Number
Street Name
Street Type (e.g., Road, Street, Avenue)
PostCode
City
State
3️⃣ Click on Save Address
Step 5: Entering Business Information
You need to fill in:
Turnover (yearly) – The business’s annual revenue.
Industry or Business Type – The type of industry the company operates in.
1️⃣ Click on turnover box to input the business’s annual income.
2️⃣ Select from the dropdown to choose the Industry or business type.
Step 6: Retrieving Business Reports
Below the form, you’ll see options to retrieve official reports:
📄 ASIC Extract – Details about company directors and ownership.
📄 ASIC + PPSR Data – Includes company details + asset security checks.
Where to Find the ASIC File After Requesting It
Once you click "Get ASIC Extract" or "Get ASIC + PPSR Data", the system will generate a PDF file. However, many users miss it because:
✅ It appears below the form, blending into the background.
✅ It does not pop up as a download notification.
👉 How to Locate It:
Scroll down to the bottom of the "Entity" section.
Look for a small PDF icon labeled "ASIC File" (see image for reference).
Click on the PDF icon to open or download the file.
Step 7: Getting the Company Credit Report and Score
To retrieve a company's credit report, follow these steps:
1️⃣ Choose the type of report:
📄Company Credit Report – Standard credit report.
📊 Scored Company Credit Report – Includes a credit score.
2️⃣ Confirm (if selecting a scored report):
⚠️ A pop-up will notify you that retrieving a scored report impacts the company’s credit score.
✅ Ensure your client agrees before clicking "Proceed."
3️⃣ View the Credit Report:
The report will display once processed.
If scored, the Equifax Bureau Score appears on a color-coded scale (🔴 to 🟢).
Key factors affecting the score include:
Company Registration
Director Information
Enquiry Pattern
