Will a lender contact my accountant during the

2 min read

SometimesWith your consent

Confirm figuresOr request documents

Larger dealsMore likely

Brief themIn advance

When it happens

Lenders do not always involve your accountant, but on larger or more complex deals they may ask them to confirm accounts, supply documents, or verify a figure. This usually happens with your permission, since your accountant needs your authority to release information about the company.

What they might ask

Typically confirmation that the accounts are accurate, copies of filed or management accounts, or clarification of a specific item. It is part of the lender's due diligence, not a sign of suspicion. A responsive accountant who returns information quickly helps keep the file moving.

Preparing your accountant

Tell your accountant you are applying and may name them, give them the list of likely documents in advance, and make sure your application figures match what they hold. An accountant caught off guard, or figures that do not reconcile, slows things down. The application checklist helps you line up the paperwork with them beforehand.

Frequently asked questions

Do I need my accountant's permission to name them?

It is courteous and practical to tell them first, so they are ready to respond and have your authority to release information. An accountant contacted cold may decline until they confirm with you.

Will involving my accountant slow the application?

Only if they are slow to respond. A well-briefed accountant who returns information quickly speeds things up, because the lender gets verified figures from the source without back-and-forth.