On commercial deals, the business comes in by ABN search. The ASIC extract then adds the company record, its directors and its owners.
Add the business
In the Business section, search by business name or ABN.
Select the business from the results.
Enter the business's annual turnover.
Financeable fills in the ABN, ACN, GST registration date, time in business, entity type, registered name, business name and status.
Time in business and GST registration feed straight into lender matching, so check both have come through - see Review lender criteria.
Run the ASIC extract
Select ASIC extract, or ASIC extract PPSR to include a PPSR search on the business.
Wait for the extract to load.
The company's details are added to the application:
Its addresses
Any outstanding PPSR registrations against it, when you run the extract with PPSR
Its directors, who are added as guarantors
Any entities with an ownership interest in it
The directors and owning entities are where the guarantor work starts - see Add guarantors and beneficial owners.
Who can do this: anyone with the Services → ASIC extract or Services → ASIC extract PPSR permission. Each extract is charged - see Set up billing and payment.