Commercial Loan Short Application Form
Commercial LoanShort Application FormINTRODUCER DETAILSFrom Company NameContact/ Sales ID EmailPhone MobileFax ACL/ACR NumberApplication ID DateApplicantsWARNING - This cover sheet and checklist is intended only for the addressee and may contain confidential information. Confidentiality is notwaived if you are not the intended recipient, nor may you use, review, disclose, disseminate or copy any information contained in or attached tothis document. If you received this document in error please destroy and notify the sender immediately.Please email application to CRE@pepper.com.au or fax to 02 9463 4666.LOAN DETAILSLoan AmountLVRProductInterest RateLVR SuburbPost CodeIs the loan regulated by the National Credit CodeYes NoIf yes, Complete Annexure A, If unsure call us on 1800 737 737SCENARIO DETAILS (IF APPLICABLE)Case NumberPepper use onlyException(If Applicable)Better Choice Home Loans Pty Ltd & Better Choice Commercial (a division of Better Choice Home Loans Pty Ltd) 2000-2017 ABN 79 095 728 868 Australian Credit Licence 378333.1 of 11Credit provided by Pepper Finance Corporation Limited ACN 094 317 647. Pepper Group Pty Limited ACN 094 317 665 Australian Credit Licence Number 2886655, is the servicer ofloans made by Pepper Finance Corporation Ltd CAN 094 317 N-FORM-SHORT-180920-V1Loan Purpose
CHECKLIST (INFORMATION TO INCLUDE WITH THIS APPLICATION)APPLICATION FORMFully completedRelevant sections on pages 3, 4, 8 and 11 signed and datedAuthority to debit application fee signedIdentification statement completed ll borrowers monthly living expenses completed on page 10Apersonal liabilities sectionINCOME EVIDENCEAPPLICANTS WITH FULL DOCUMENTATIONAPPLICANTS WITH ALTERNATE DOCUMENTATIONSELF-EMPLOYED APPLICANTSSELF-EMPLOYED APPLICANTS 2 years Financial Statements 2 years Certified Tax Returns Tax Assessment Notice(delete TFN)PAYG APPLICANTS 2 current computerised payslips plus one of the following:Most recent group certificateMost recent tax return/taxation noticeCurrent letter of employment - in acceptable formatBank Statements - to confirm last 3 months salary credits All Tax File Numbers (TFN) are to be deleted prior to document(s)being forwarded to Pepper Self-Employed - Declaration of Financial Positionplus one of the following (two required for Prime):6 months Business Banks Statements(12 months for Near Prime)6 months BAS Statements (12 months for Near Prime)P epper Accountant’s Letter (not acceptable on loan sizes 2.5M)OTHER DOCUMENTS (IF APPLICABLE)Last 3 months statements for all other debts being refinancedCopy of Council rates notice on all properties offered as security Pepper Customer Identification Form, completed by the‘authorised person’ certifying each applicant’s identity Certified copies of documents used to verify the identityof the Applicant(s)Verification of all other income received ABN registered for minimum 24 months GST registered for12 months prior to this application (Near Prime and Prime Alt N-FORM-SHORT-180920-V1Annexure A: Additional Form For Regulated Loans(Mandatory) Pepper Servicing CalculatorCopy of LeaseManaging Agent’s Statement (Residential properties only)Copy of the Contract of SaleFull Copy of Commercial Lease Evidence of owner occupied debt history for the last 6 months.Evidence of non-conforming loan history for the last 12 monthsProof of funds to complete Trust Deed (if applicable)FEE PAYMENT AUTHORITY-EFTPOSI authorise Pepper to debit my credit card for payment of the valuation fee payable in relation to this application.I have provided my credit card details via the Fee Payment Tab in Apply online, ORI have provided my credit card details via bit.ly/2qqFX1Y and received a token number:Token No:NOTE: Application process will not commence unless this section is completed2 of 11
CUSTOMER IDENTIFICATION FORM(to be collected for each applicant and guarantor and loan signatory)NB: If you have not completed a face-to-face verification, please direct your customer to pepper.clientid.com.au to arrange for their identityverification to be completed.A1) PERSONAL INFORMATIONTitleMrMrsMissMsOtherFull legal name as perbirth certificate/passportGiven NamesSurnameAddressStreetSuburbDate of Birth/StatePostcode/A2) VERIFICATION USING ORIGINAL DOCUMENTS - SATISFY ONE OF THE CATEGORIES BELOW:IMPORTANT: The documents produced must be current, except for an expired Australian passport which has not been cancelled and wascurrent within the preceeding 2 years.MINIMUM DOCUMENT REQUIREMENTS1Australian passport or foreign passportplus Australian drivers licence or photo cardplus change of name or marriage certificate if necessary3Australian drivers licence or photo cardplus full birth certificate or citizenship certificate or descentcertificateplus Medicare or Centrelink or Department ofVeterans Affairs cardplus change of name or marriage certificate if necessary2Australian passport or foreign passportplus full birth certificate or citizenship certificate or descentcertificateplus Medicare or Centrelink or Department of VeteransAffairs cardplus change of name or marriage certificate if necessary4(a) Australian Passport or foreign passportplus another form of government issued photographic identitydocumentplus change of name or marriage certificate if necessaryOR(b) Australian Passport or foreign passportplus full birth certificateplus another form of government issued photographic identitydocumentplus change of name or marriage certificate if necessaryIMPORTANT: If documentation is not written in English, an original English translation must be provided by an approved translation service. I,Full Name of Brokerbeing a Pepper accredited broker acknowledge and confirm that I met with the customer face to face and performed a Verification ofIdentity (VOI) which took place at:AddressOnDate The identification relates to the customer with details provided in A1, and The original identification documents as listed in A2 of this form were produced to me and copies of these documents signed; dated andendorsed by me as true copies are attached to this form, and The customer appeared to have similar facial characteristics to the person in the photographs included in the original identity documents; and The customer speaks and understands English fluently. If not, the interview was conducted inSignaturelanguage.DateYou must notify Pepper’s Credit Team on 1800 737 737 if you have any concerns in relation to the customer or the documents provided. Clearcopies of original documents signed, dated and endorsed by the Pepper accredited broker and used to identify the customer to be sent toPepper Group Pty Limited - CRE@pepper.com.au or fax to 02 9463 46663 of FORM-SHORT-180920-V1A3)BROKER DECLARATIONSIGNATUREAND DATE
NOMINATION FORMNote: Do not complete if loan is unregulatedIMPORTANT: Each of you (the customer) is entitled to receive a copy of any notice or other document under the National Credit Code.By signing this nomination, you are giving up the right to be provided with information direct from us. Note: Any person who hassigned this nomination may advise us in writing at any time that they wish to cancel their nomination.(Delete clause 1 or 2 as applicable)1. I/We nominate (full name of person nominated)to receive notices and other documentation in connection with my/our loan under the National Credit Code on behalf on me/all of us.OR2. We consent to notices and other documents under the National Credit Code being sent to us jointly at our address.Applicant 1SignatureDate//Applicant PLICATION-FORM-SHORT-180920-V1Date4 of 11
Privacy Consent FormBy signing this document or otherwise accepting this consent,you consent to the Parties and some other entities collecting,using, holding and disclosing personal information (includingsensitive information) and credit-related information aboutyou as set out below. You can find out more about how wedeal with your privacy by viewing Pepper’s privacy policy atwww.pepper.com.au/privacy-policy. We may seek and obtainfurther personal information (including sensitive information)and credit-related information about you during the course ofour dealings with you. The terms of this consent also apply tothe collection, use, holding and disclosure of that information. Ifyou do not provide us with this consent or provide us with yourpersonal information and credit-related information we maynot be able to arrange or provide credit for you, provide otherservices, verify your identity or protect against fraud. Note: notall matters discussed below may be applicable to you.How we handle your personal and credit-related informationThe Parties may collect, use, hold and disclose personal information,and credit-related information about you for the purposes ofarranging or providing credit to you, processing your application forcredit, assessing whether to accept a guarantee of credit from you,managing that credit, direct marketing of products and services byus, complying with laws, managing our relationship with you, andallowing us to perform administrative tasks. We may collect thisinformation from you or from third parties.We are also required to collect your personal information to complywith our obligations under Australian law, including the Anti-MoneyLaundering and Counter-Terrorism Financing Act 2006 (Cth).Credit information includes information such as your identityinformation, the type, terms and maximum amount of credit providedto you, repayment history information, default information (includingoverdue payments), new arrangement information, personalinsolvency information, court information and details of any seriouscredit infringements. Credit eligibility information is credit reportinginformation supplied to us by a credit reporting body and anyinformation that we derive from it. Collectively, we refer to this as‘credit-related information’.Personal information includes any information or an opinion about anidentified individual, or an individual who is reasonably identifiable.The kinds of personal information we may collect about you includeyour name, date of birth, address, account details, occupation, andany other information we may need to identify you including publicallyavailable information from public registers and social media. If youare applying for finance we may also collect the number and agesof your dependents and cohabitants, the length of time at yourcurrent address, your employment details and proof of earningsand expenses. If you use our website or mobile applications wemay collect information about your location or activity includingIP address, telephone number and whether you have accessedthird party sites, the date and time of visits, the pages that areviewed, information about the device used and other user locationinformation. We may collect some of this information using cookies(for more information please see the Website Terms of Use/Policy atwww.pepper.com.au/privacy-policy.Access to information and Privacy Policies You may gain accessto the personal information and credit-related information that wehold about you by contacting us. A copy of Pepper’s privacy policycan be obtained at www.pepper.com.au/privacy-policy or by emailingprivacyofficer@pepper.com.au. Links to the privacy policies andcredit reporting policies of our Mortgage Insurers and credit reportingbodies (CRBs) are shown at the end of this consent. These privacypolicies and credit reporting policies contain information about howyou may access or seek correction of your personal informationand credit-related information, how that information is managed,how you may complain about a breach of your privacy and howthat complaint will be dealt with. They also contain information on‘notifiable matters’ including things such as the information we useto assess your creditworthiness, the fact that CRBs may provideyour personal information and credit-related information to creditproviders to assist in an assessment of your credit worthiness,what happens if you fail to meet your credit obligations or commita serious credit infringement – including our right to report a defaultor a serious credit infringement to CRBs, your right to request thatCRBs not use your credit-related information for the purposes of prescreening credit offers, and your right to request a CRB not to use ordisclose credit-related information about you if you believe you area victim of fraud.Consumer and commercial credit-related information We mayexchange your commercial and consumer credit-related informationwith entities listed below to assess an application for consumer orcommercial credit and manage that credit (including to collect anypayment that is overdue). In particular, we can obtain credit-relatedinformation about you from a CRB providing both consumer andcommercial credit-related information.Exchange information with credit providers We may exchangeyour personal information and credit-related information with othercredit providers for the purposes of assessing your creditworthiness,credit standing, and credit history or credit capacity.Disclose information to guarantors We and our Mortgage Insurersmay disclose your personal information and credit-related informationto any person (or their authorised representative) who proposes toguarantee or has guaranteed repayment of any credit provided toyou or who indemnifies you in any way.Exchange information We may exchange personal information andcredit-related information with the following types of entities, someof which may be located overseas. Please see our privacy policy formore information.5 of FORM-SHORT-180920-V1“Parties” means Pepper Group Pty Limited ABN 55 094 317 665and its related bodies corporate, any party who processes the loanapplication, any insurer, financier, manager, servicer, and any agentof the lender who has an interest in the credit. In this privacy consent,“we”, “us” and “our” includes each of the Parties.
The lenders’ mortgage insurers identified below Introducers including finance brokers, dealers, suppliers,mortgage managers, and persons who assist us to, or jointlywith us, provide our products and services to you Any person who represents you including your financialconsultants, accountants, lawyers, advisers, referees (such asyour employer, to verify information you have provided) andrepresentatives including executors, administrators, guardians,trustees attorneys and persons holding power of attorney Our auditors, accountants, lawyers, attorneys, and otherexternal advisors Any industry or regulatory body, government authority, tribunal,court or otherwise in connection with any complaint regardingthe approval or management of your lease or loan – for exampleif a complaint is lodged about us Any investors, agents or advisers, trustees, ratings agency orbusinesses assisting us with funding for credit made available toyou or any entity that has an interest in your finance or our business Any person where we are authorised or required to do so bylaw, such as under the Anti-Money Laundering and CounterTerrorism Financing Act 2006 (Cth), or by government andlaw enforcement agencies or regulators, or where you haveprovided us consent Entities to whom we outsource some of our functions andexternal service providers (for example IT services, entities tohelp verify your identity including organisations providing onlineverification of identity, entities to help verify your income andexpenditure, entities to help identify, investigate and preventillegal activities such as fraud etc) or that provide informationand infrastructure systems(this may also include online electronic identity verification). Yourpersonal details will be matched to information held by the issuer ofthe identification document (the “Official Record Holder”) via the useof third party systems. Alternative means of verifying your identitymay be available.We may also use information about your Australian Passport, stateor territory driver licence, Medicare card, citizenship certificate, birthcertificate, and any other identification documents to match thosedetails with the relevant registries using third party systems andrecord the results of that matching.Mortgage Insurers We may disclose personal information andcredit-related information to the lenders mortgage insurers and thetitle insurers (collectively, Mortgage Insurers) listed below. Wherepermitted by the Privacy Act 1988, the Mortgage Insurers maydisclose your personal information and credit-related informationto us and to third parties including: the CRBs listed below; ratingagencies; the Mortgage Insurer’s related entities, service providers,agents, contractors and external advisors; reinsurers, other mortgageinsurers and mercantile agents; payment system operators, otherfinancial institutions and credit providers; other parties for the purposesof securitisation and fraud prevention; your guarantor or proposedguarantor; your referees and advisers; government and otherregulatory bodies; and other entities. Where permitted by the PrivacyAct 1988, the Mortgage Insurers may seek and obtain commercialand consumer credit-related information from a CRB including (butnot limited to) information concerning your credit worthiness or credithistory; and information about overdue payments. Other persons who have an interest in the property offered tous as securityWhere permitted by the Privacy Act 1988, the Mortgage Insurers willhold, use and disclose your personal information and credit-relatedinformation for the purposes of securing and administering lenders’mortgage insurance for your mortgage, including: assessing whetherto provide insurance, including to assess the risk of you defaulting orthe risk of a guarantor being unable to meet their liability; managingand varying the insurance; dealing with claims, enforcing a mortgageand recovering the proceeds of sale; assessing hardship; conductingrisk assessment and management involving securitisation; for fraudprevention; for credit scoring, portfolio analysis and reporting; tocomply with regulatory requirements; to verify personal informationand credit-related information provided to it; or for any purposerequired or permitted under the insurance contract, the InsuranceContracts Act 1984 (Cth) and the Privacy Act 1988. If the personalinformation and credit-related information is not disclosed to theMortgage Insurer(s), it will not be possible for the Mortgage Insurer toprocess the credit provider’s request for insurance and we may notbe able to arrange or provide credit for you, or provide other services. Other borrowers or guarantors (if more than one) or borrowersor prospective borrowers of any credit you guarantee orpropose to guaranteeThe Mortgage Insurers that we may disclose your personalinformation and credit-related information to are: Other financial institutions such as banks, for example toprocess a claim for mistaken payment Real estate agents Medical professionals, medical facilities or health authoritieswho verify health information you may provide Insurers, valuers, debt collection agencies auditors, insurers,re-insurers and health care providers Any person considering acquiring an interest in our businessor assets Any person who is a supplier of an asset to you Security registration bodies Any of our associates, related entities or contractors such asclaims related providers including assessors and investigatorsthat help us with claims Associated businesses that may want to market products to youCustomer identification We and our Mortgage Insurers maydisclose your name, date of birth and address to an organisation,including CRBs, provi
RM-SHORT-180920-V1 Commercial Loan Short Application Form Better Choice Home Loans Pty Ltd & Better Choice Commercial (a division of Better Choice Home Loans Pty Ltd) 2000-2017 ABN 79 095 728 868 Australian Credit Licence 378333. Credit provid
6. Loan geography 8. 7. Contractual cash flows for each loan or pool of loans Risk System Data: 1. Loan classes and grades 2. Modification history by loan class 3. Loan renewal and funding history by loan class 4. Loan prepayments history by loan class 5. Loan cash flows not collected 6. Loan grade LGD and PD rates 7. Loan grade charge-off history
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