When applying for a commercial mortgage, you will need to provide a number of documents in order to satisfy the lender that you will be able to pay off your mortgage as per the terms of the loan.Your application for any commercial mortgage will not be successful if you are unable to provide the following:• Business finance summary – details of your company’s finances such as income, expenditure, assets held and liabilities owed. The lender will need to know this information in order to work out the cash flow and net worth of your business if applying for an owner-occupied mortgage.• Personal bank statements – depending on the lender, you will need to provide between three and six months’ worth of bank statements so that the lender can get a good idea of your personal financial position. Using Open Banking technology Swoop offers the ability to integrate your bank account to provide instant sharing of financial data.You will also need to provide additional documents depending on the type of commercial mortgage you require. For an owner-occupier commercial mortgage, you will need to supply:• Trading accounts – the lender will need to see your trading accounts in order to calculate your ability to afford the loan, as these give a better indication of the company’s financial health than simply viewing the bottom line.• Six months’ business bank statements – you will probably be asked to provide business bank statements, so that the lender can see what the business’s cash flow is like from month to month. Using Open Banking technology Swoop offers the ability to integrate your bank account providing easy access to this financial data.• Details of expected financial changes – if you are aware of any issues that are likely to change the company’s financial position in the future – for example increased income due to business expansion or a reduction in costs due to improved business efficiency – the lender will need to be informed.Your lender is also likely to require additional documents if you are applying for a commercial investment mortgage, such as:• Tenancy details – if you are buying a property to rent it out, the details of this planned tenancy will be required. This may include the tenant’s details, the expected monthly income from renting the property, and a full copy of the lease.• Details of any other investment properties – your lender is likely to require details of any additional investment properties you own, such as the address, property value, monthly rental income, lease length, amount still owed and monthly mortgage repayments.