An unpaid tax liability can affect cash flow, credit standing and the ability to focus on operations. A short-term secured facility may help clear or restructure tax debt where there is sufficient property equity and a credible repayment plan. It should be considered alongside ATO arrangements and professional advice.
Start with these steps
- Confirm the amount, status and any deadlines in the ATO portal.
- Ask your adviser whether a payment plan or dispute path is appropriate.
- Model the effect of any loan costs on the business.
- Identify a clear exit such as refinance, asset sale or restored cash flow.
When short term business funding may help
Property secured business finance may be relevant when there is a defined need, sufficient equity and a realistic event that will repay the facility. Examples include an incoming refinance, contracted property sale, major debtor receipt, asset sale or time limited commercial opportunity.
Equity Tap considers business facilities from $50,000 to $5 million for terms from one to twelve months. The loan must be for business purposes and secured by acceptable Australian real estate.
Questions to ask before borrowing
- What exact problem or opportunity will the funds address?
- What happens if the expected exit is delayed?
- What is the full cost including interest, establishment and legal costs?
- Is the amount borrowed proportionate to the benefit?
- Have appropriate legal, tax, accounting or insolvency advisers been consulted?
Talk to Equity Tap without judgement
Financial pressure can make business owners delay difficult conversations. Our role is to understand the facts and give you a clear lending answer. We will explain if the scenario fits and what information is needed next.
This guide is general information only and is not legal, tax, financial or insolvency advice.