Some businesses seek finance while carrying ATO debt or an active payment plan. Lenders will scrutinise lodgements, arrears, payment conduct, cash flow and whether the new facility improves the position rather than masking a structural problem.
Initial discussion and assessment only. A formal lender enquiry occurs only with your consent.
The right structure depends on purpose, timing, repayment source, security and lender policy.
Some lenders may consider a payment plan if it is current and affordable.
A facility may be considered where clearing arrears improves cash flow and compliance.
Tax debt often signals a cash-flow gap that needs to be understood, not ignored.
Working capital →ATO debt can be a warning sign for lenders because it may indicate cash-flow pressure, poor tax provisioning or trading stress. A strong application explains the cause, current status and how the debt will be handled.
Expect lenders to ask for clear evidence, not just an explanation. The stronger the tax position and conduct history, the easier it is to assess the scenario.
Borrowing to clear ATO debt only helps if the business can afford the new facility and has fixed the cause of the arrears. GPS Finance can help prepare the finance case, but this is not tax advice.
We keep the process practical: match the need, prepare the evidence, then approach suitable lenders only if you choose to proceed.
Share the amount, purpose, timing, trading history and any existing lender or ATO pressure.
We compare whether a term loan, overdraft-style facility, line of credit, invoice finance or asset facility is a better fit.
We organise the documents a lender is likely to request so the first read is clear and complete.
We explain structure, repayments, fees, security and conditions before you decide whether to proceed.
Possibly, depending on the amount, lodgement status, payment conduct, business viability, cash flow and lender policy.
Some lenders may consider facilities that clear or refinance tax arrears if the business is viable and the new structure improves the position.
Not always, but lenders will look at whether the payment plan is current, affordable and supported by cash flow.
Behind lodgements can make finance much harder. Lenders usually want current and accurate lodgement information before approval.
No. GPS Finance provides general finance information and broking assistance. Speak to your accountant or tax adviser about tax obligations and ATO strategy.
Tell us what you are trying to fund and what has already happened. We will help you work out the next sensible step.