Pay out your ATO debt with a loan secured against your property, before the deadline and without waiting on the bank.
Banks rarely lend to pay out the ATO, and a tax debt on your record can stop them lending to you at all. We do, because the only questions we ask are whether your property supports the loan and how you will repay it.
We fund ATO payouts, payment plan shortfalls, garnishee and director penalty notice deadlines. Interest is usually added to the loan so you are not carrying an extra repayment while the business recovers, and you repay from a bank refinance or a sale once the tax position is clean.
We lend Australia-wide, with most of our loans secured in metropolitan New South Wales, Victoria and Queensland.
A payment date that cannot move, with personal liability for directors if it is missed.
The ATO has withdrawn a plan or wants the balance now, and the business cannot fund it from cash flow.
Pay the debt now, clean up the file, and refinance to the bank afterwards.
We are not a replacement for your bank. We are the lender you use when the bank’s timeframe or template does not fit the situation, and the loan is written to hand you back to the bank when it does. Rates are indicative and subject to valuation, due diligence and formal approval.
| Feature | Verified Capital | A bank |
|---|---|---|
| Decision | Indicative terms within 24 hours | Weeks, often months |
| Assessed on | The property, the purpose and the exit | Financials, trading history and lending policy |
| Borrowers | SMEs, companies, trusts and investors | Consumers and businesses |
| Loan term | 1 to 24 months | Long term |
| Paperwork | Short, specific to the deal | Full application and ongoing covenants |
| Who you deal with | The people who assess, approve and fund | Relationship managers and a credit committee |
| Rates and fees | Every rate and fee set out upfront in the letter of offer | Lower rate if the business qualifies |
Tell us about the property, the amount you need, the purpose and how the loan will be repaid. Your broker can submit on your behalf.
If the scenario fits, we issue a letter of offer within 24 hours with every rate and fee set out upfront.
We instruct an independent valuation and complete our credit and title checks.
Our solicitors prepare the documents and we settle on your timeframe, then stay your point of contact through to repayment.
1st mortgageSettledA logistics company’s ATO debt had reached $1.9M with a director penalty notice issued. We refinanced the existing bank loan on their warehouse and paid out the ATO in one facility. Repaid through a bank refinance once the tax position was clean.
2nd mortgageSettledEquity released behind an existing bank facility to pay out an ATO liability, without disturbing the bank loan. Repaid from a bank refinance once the tax position was clean.
Send us the details and we will come back to you within 24 hours.
Contact us