Start one
Go to the Applications tab.
Select New Application.
Select the Application Type.
The application opens and saves automatically.
Who can do this: anyone with the Applications → Create permission.
Choose the application type
Application type | Use when | Borrower |
Consumer asset | Vehicle or asset for personal use | Individual |
Commercial asset | Vehicle or asset for business use | Business |
Unsecured consumer loan | Personal borrowing, no asset | Individual |
Unsecured business loan | Business borrowing, no asset | Business |
Consumer and commercial forms differ in four places:
What changes | Consumer | Commercial |
Entity details | Not asked for | Business added and verified by ABN |
Guarantors | Not asked for | Directors and beneficial owners |
Income and expenses | Asked for | Not asked for. Business turnover instead |
Customer disclosure document | Required by law at submission | Not applicable |
Each type has its own guide to what the form asks for:
Starting from a quote
Already built a quote for this customer? Convert it instead of starting again - see Convert a quote to an application.
Wrong application type
Warning - Changing the application type may clear details you've already entered. Financeable warns you first - read the prompt.
Go to the top of the application.
Select Application Type.
Choose the correct type.
The form switches to the new type.