FINANCE SOLUTIONS FOR SME CLIENTS
ATO Tax Debt Loans
Why use PMA to finance your client’s ATO tax debt loan:- They can't arrange an ATO payment plan
- The banks won’t consider them for a loan because they have an outstanding ATO debt
- They want to clear their ATO debt because it is having adverse effects on their credit rating
ATO Tax Debt Loan Terms
Loan Amount
Up to $5M (1st Mortgages) & $2M (2nd Mortgages)
LVR
Up to 75% (max. LVR of 75% for major metro residential property, other security at lower LVRs)
Security
1st & 2nd Mortgage
Term
3-12 months
ATO Tax Debt Loans
If a business has a large tax debt that can't be paid, the business should first call the Australian Taxation Office (ATO) to see if a payment plan can be arranged. If they don't qualify for an ATO plan (often the ATO won’t offer a further payment plan if one is currently in place) or want to consider other options, tax debt loans are an alternative option.
A tax debt loan may be a useful way of paying off tax debt before it becomes even more of a problem or when ATO payment plans are not a viable option.
Tax debt loans are short-term financial solutions specifically tailored to assist small to medium-sized businesses settle outstanding tax debt.
Lending Process


Complete our
Quick App Form
or
Book a Call
with our head of relationships


After receiving the Application we’ll develop an Indicative Letter of Offer which includes an indicative interest rate.
Once the Offer is accepted a small assessment fee is charged to cover the searches we do in due diligence.


Once we’ve completed our due diligence, we’ll send a formal Letter of Offer. Once signed the loan documents are drawn up and sent to the Borrower’s solicitor.

