Documents Required for Lender Submission
A complete submission is one of the biggest factors in approval speed. Northmere sets out what each lender category typically expects, to keep back-and-forth to a minimum once your enquiry is lodged.
What every submission must include
Trade Finance: Invoice or purchase order from supplier, Sales contract or confirmed buyer order, business bank statements, filed accounts (or management accounts if under 2 years trading)
Last two years of signed accounts (full statutory format). Most recent management accounts, dated within 90 days.
Certificate of incorporation and current Companies House confirmation statement. Full shareholder register with percentage holdings.
Asset Finance: asset specification, supplier quotation or purchase agreement, and evidence of trading relationship.
Six months of business bank statements for all trading accounts. Current year profit and loss forecast with supporting assumptions.
Photo ID and proof of address (dated within three months) for all directors and beneficial owners holding 25% or more.
Invoice Finance: aged debtor ledger, sample invoice set, and confirmation of any existing charge over receivables.
Existing facility schedule: lender, balance, monthly commitment, and maturity date for each.
Details of any personal guarantees already in place, including guarantor, facility, and outstanding balance.
Requirements vary by lender and deal structure. Northmere will confirm any additional items once your enquiry is reviewed — the list above covers most standard submission.