$250,000 Tax Debt Loan Rescues Business from ATO Wind-Up Within 24 Hours

Hutch

Over $400 million in business loans Australia-wide.

Quick Summary:

  • Loan amount: $250,000

  • Loan type: Tax debt loan secured by second mortgage

  • Problem: ATO wind-up notice with 48-hour deadline

  • Solution: Urgent funding provided within 24 hours to avoid liquidation

An accountant reached out to Secured Lending on behalf of a client in serious trouble. The client had just been served with a winding up notice from the ATO and was given two days to pay $250,000 or face immediate liquidation of his company.

Despite approaching multiple lenders, the accountant found that long valuation delays, excessive condition precedents, and high upfront costs made traditional pathways unworkable under such time pressure.

Urgent Second Mortgage for Tax Debt Resolution

Secured Lending acted without delay. We reviewed the client’s circumstances and immediately arranged a $250,000 tax debt loan. The facility was secured by a second mortgage over the director’s residential property.

We approved and funded the loan within 24 hours. As a result, the winding up application was dismissed, and the business survived what could have been a catastrophic outcome.

The client is now working with their broker to refinance our short-term facility with a longer-term solution. Our speed and flexibility provided the breathing room they needed to regroup.

Why Work With Secured Lending for Tax Debt Loans?

Our internal credit and property teams are structured to act with urgency. We regularly:

  • Approve loans within hours

  • Settle as quickly as the next business day

  • Provide clear pathways for time-critical funding

We specialise in second mortgage loans, caveat loans, and short-term facilities for businesses facing tax debt pressure or legal enforcement.

If your client is under threat of wind-up, or needs funding to deal with urgent tax issues, contact us today.

Call 1300 795 175 or email info@securedlending.com.au to find out how we can help with fast, no-fuss funding options.

Picture of Gino Tabila

Gino Tabila

Associate Director - Secured Lending

Picture of Mark Hutchins

Mark Hutchins

Director - Secured Lending

Our team is here to help

Our dedicated team is always ready to assist you with a fast, obligation-free loan assessment

Why Secured Lending?

  • With over 250 clients, we’ve serviced over $400 million in loans Australia-wide.
  • We use our own funds and have our own internal property valuation team. This means we move fast.
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $45m.
  • We pride ourselves on being transparent and honest in our approach, always aiming to have an initial assessment back to you in a few hours.
  • Our rates start at 9.95% p.a. with loan terms from 1 – 24 months. 

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