St.George Business Loans: Broker Eligibility

A St.George business loan requires a business-purpose borrower, evidence of repayment capacity and a security structure suited to the facility. Start with the borrowing entity and the use of funds, then select the commercial application pathway before requesting the full file.

Commercial Purpose and Entity

Record who borrows, what the funds buy and which business generates the repayments. St.George’s business-loan eligibility, as at October 2026, requires an Australian-domiciled business entity or individual aged 18 or above. Funding must be wholly or predominantly for business purposes and meet the applicable credit policy.

Write the requested amount, term and repayment objective beside the purpose. An expansion loan repaid from trading cash flow has a different evidence case from a property purchase repaid from rent. Map the trading entity, asset owner, directors and proposed guarantors, including any related entities whose income or debts affect the proposal.

For identification, St.George’s Business ID Secure resources provide forms for companies, partnerships, trusts and individuals. Use the form’s document checklist for that entity. Its Business Identification Team can resolve verification requirements on 1800 080 702.

St.George’s March 2026 standard-trust identification checklist requires identification for signatories and beneficial owners. It includes people with direct or indirect ownership of 25% or more, or control of the trust. It asks for trustee and beneficiary details, the settlor where applicable and evidence of the trust’s existence, with original or certified documents.

Keep identity verification separate from credit eligibility. A complete trust profile establishes who the bank deals with. It doesn’t establish that the trust qualifies for the selected loan.

Trading Evidence and Repayment Source

Present established trading results separately from projected income, with documents showing how the business will pay the new debt. As at October 2026, St.George’s business-loan page requests two years of financials and tax returns for its standard assessment. A startup needs a detailed business plan with profit-and-loss forecasts, while a business acquisition needs two years of the target business’s profit-and-loss statements.

The secured small-business checklist, marked July 2015 and still linked from St.George’s broker page, lists a fuller file. It requests two years of business financials and tax returns, personal returns, three months of trading and loan statements and 12 months of tax-portal records. It also requests an asset-and-liability statement, corporate structure and evidence of the borrower’s contribution.

St.George’s larger and specialist secured-loan checklist, also marked July 2015, lists three years of financials and six months of trading statements. Where the latest figures exceed six months old, it requests interim figures. Include activity statements since the last full financials, the current borrowing-entity tax portal and trust deeds where applicable.

These are pathway-specific document guides. Match the checklist to the proposed facility with the commercial banker before collecting years of records the selected route doesn’t require.

Make the Repayment Case Traceable

Reconcile the financial statements with current management accounts and trading statements. Explain revenue changes, seasonal receipts, existing loan repayments and tax-payment commitments. Keep forecast assumptions visible, including the timing of customer payments and new operating costs.

In a hypothetical expansion, a workshop expects extra revenue from a new machine. Show its existing trading cash flow separately from the machine’s projected sales. List the new operator’s wages and equipment repayments, then show what happens if the extra orders arrive late.

A forecast can explain the expansion’s repayment plan. It cannot turn orders that haven’t occurred into historical trading income.

Security and Brand-Specific Policy

St.George has unsecured business loans and secured options involving cash, property or business assets, as at October 2026. Its business-loan page also states that corporate borrowers require company-director guarantees. Record the proposed guarantors even where the client requests lending without property security.

For each security, identify its owner, existing charges and the debt it already supports. Ask the St.George commercial banker to confirm acceptable collateral, guarantee terms and the required valuation. Record the applicable loan-to-value ratio (LVR), which compares the loan with the security value, for the actual property or asset.

St.George’s August 2026 SIMPLE+ flyer describes a streamlined pathway for eligible business lending. It permits up to four business entities and guarantors from up to four households. Its trading criterion is at least 12 months with no losses in the past 12 months after adjustments.

The flyer lists acceptable property, cash, equipment assets and guarantees, with a general security agreement where applicable. Industry exclusions and specialised-lending exclusions apply. SIMPLE+ Business Docs Only is a distinct Business Activity Statement (BAS) assessment route with further entity exclusions, including sole traders.

Select the route using the client’s industry and structure. A sole trader’s exclusion from Business Docs Only doesn’t establish exclusion from every St.George business loan.

Use St.George’s named commercial support contacts for policy questions. Westpac group ownership doesn’t make a BankSA, Bank of Melbourne or Westpac criterion a St.George approval rule.

Application Evidence and Escalation

Send a commercial submission that connects each requested facility to its purpose, borrower and repayment source. As at October 2026, St.George’s commercial broker resources provide accreditation information, application forms and commercial contacts. Residential accreditation alone doesn’t establish commercial accreditation.

Prepare a submission index containing:

• The borrower and ownership chart, with directors, controllers and proposed guarantors.
• The funding purpose, requested term, repayment basis and contribution evidence.
• Financial records for the selected pathway, current trading evidence and existing debt details.
• Security ownership, existing charges and purchase or refinance documents.
• The specific policy questions that affect the proposal, with the requested decision beside each question.

The currently linked secured-loan checklists direct completed referrals to the local business development manager (BDM). The SIMPLE+ flyer directs its application, consent forms and supporting documents to the Senior BDM. Download interactive application PDFs before opening them, as the broker resource page instructs.

Keep a dated copy of the source and its version in the file. For an exception, record the exact borrower facts, approving contact and written response, including conditions and expiry. An indication that a banker will consider a proposal is different from approval of that proposal.

Where the enquiry also includes a home loan, separate its purpose and assessment under St.George residential policy. Use the St.George broker access guide for access and support questions.

St.George Equipment Finance

St.George equipment finance has a current goods-loan route for new or second-hand business equipment, as at October 2026. Its equipment-loan page calls this a chattel mortgage: the business purchases and owns the equipment from the start.

The page requires a valid Australian Business Number (ABN), Goods and Services Tax (GST) registration and equipment mainly used for business. It says applicants may need an ABN registered for at least two years, two years of financial statements and two years of tax returns. For used equipment, St.George considers its useful life.

Record the equipment description, age and business use alongside the supplier’s quote and proposed delivery date. Ask the equipment-finance banker to confirm the asset’s acceptability, supplier documentation and any valuation requirements before the client commits to purchase. Include any proposed balloon payment, a lump sum due at the end, in the repayment plan.

The customer vehicle and equipment quote route lists Australian-based and registered businesses operating for more than two years with an active ABN. Enquirers must be 18 or older and can be a director, owner or employee. The quote is indicative and a specialist banker supplies the final quote.

A broker assessing equipment under SIMPLE+ must apply that pathway’s eligibility and submission instructions. Keep its criteria separate from the customer quote route, and obtain the St.George equipment-finance response for the named borrower and asset.