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ATO debt

Does your company owe a significant amount of money to the Australian Taxation Office?

February 28, 2020 In ATO debt

ATO debt

An ATO bridging finance loan can clear your tax debt and stop any additional financial penalties. Failing to meet your obligations can have serious consequences, including court-enforced financial penalties, forced bankruptcy or liquidation, and in severe cases imprisonment. Transferring debt to a private institution gives you more flexibility in repaying the loan without negatively impacting your business operations.

We can approve and settle your loan within 48 business hours with a fair repayment plan tailored to your unique circumstances.

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    Our bridging finance helps people with the following type of scenarios:

    Repaying ATO Debts

    The borrower’s business incurred a significant ATO debt and a wind-up application commenced in the c…

    Amount:$2,000,000

    Term:6 months

    Exit Strategy:Cash flow from the business to clear debt. The loan was repaid as arranged and the business is now flourishing.