If you need to bring your BAS lodgements and payments up to date, a second mortgage can be a practical, time-efficient way to access the capital you need without disrupting your existing facilities. At Secured Lending, we’ve advised and assisted borrowers with BAS catch-up many times and have facilitated over 200 strategic second mortgages. We help you move fast with a second mortgage loan for BAS catch-up so you can stabilise cash flow, avoid compounding ATO pressure, and keep momentum in your business. Assess your scenario today.
Why a Second Mortgage for BAS Catch-Up Makes Sense
When BAS obligations stack up, the priority is clear: get current, regain certainty, and protect your next moves. A second mortgage uses the equity in your residential or commercial property to unlock capital while keeping your first mortgage in place. It’s direct, secure, and purpose-fit for time-sensitive obligations like a BAS catch-up.
Key Benefits You Can Expect
- Speed and certainty: Access capital quickly for urgent settlement with the ATO, reducing penalties and interest risk.
- Preserve primary facilities: Keep your existing banking relationship intact while solving an immediate requirement with a targeted solution.
- Control and flexibility: Use funds for both BAS lodgements and payments, plus associated accounting/tax advisory costs if required.
- Business continuity: Avoid operational disruption and focus on sales, deliveries, payroll, and forward planning.
- Clear exit strategy: Refinance later, consolidate, or clear from trading cash flow once the pressure point has passed.
How a Second Mortgage for BAS Catch-Up Works with Secured Lending
We aim to remove friction and move quickly. Here’s the simple path:
- Review: We confirm property details, current first mortgage balance, available equity, and your BAS position.
- Structure: We outline a second mortgage tailored for your BAS catch-up, including a clear drawdown plan and timeline to lodge and pay.
- Coordinate: We work with your accountant (if you wish) so funds align with lodgement schedules and ATO payment arrangements.
- Confirm: You receive terms with an interest rate of 11.95% and a defined facility amount. You can borrow up to $10 million, subject to assessment and security.
- Arrange: On approval, we move to same day settlement where possible, with funding within 24 hours available for urgent and emergency scenarios.
When This Approach Is Especially Useful
- ATO deadline approaching and you want to avoid escalations.
- Your main lender is too slow for your timeline.
- You need capital now, but plan to refinance later when financials are updated.
- You want a precise, ring-fenced facility for BAS catch-up that doesn’t interfere with working capital lines.
- You prefer secured business loans that are asset-backed and straightforward.
Costs, Timing, and What to Expect
We keep the process clear and outcome-driven. You’ll know the proposed limit, pricing, and fees upfront, and we’ll align drawdowns with the BAS catch-up steps so lodgements and payments happen in order. For time-critical cases, we prioritise urgent settlement. With our streamlined due diligence, funding within 24 hours is achievable once documents are in place. You can leverage residential or commercial property as collateral; we don’t accept other obscure assets as security. If bridging loans or a refinance are part of your longer-term plan, we structure the second mortgage so the exit is clean and manageable.
Private lender
As a private lender in Australia, we operate Australia wide: Sydney, Adelaide, Melbourne, Brisbane, Perth, Gold Coast, Canberra. We are a non-bank lender with a direct, pragmatic approach that prioritises timing and execution. If your BAS catch-up requires speed and precision, our private lender model allows us to review, structure, and settle quickly, coordinating with your accountant and your first mortgagee as needed.
What We Look At (and Why)
- Property security: Quality, location, and equity position.
- Existing first mortgage: Balance and consent requirements.
- BAS position: Amounts to lodge and pay; timing and sequence.
- Exit pathway: Refinance, sale, or business cash flow plan once you’re current.
Our focus is simple: the second mortgage should solve the BAS catch-up cleanly and support your next move, not create new complications.
Practical Advantages You’ll Notice
- Single-purpose clarity: Funds are directed to bring BAS lodgements and payments up to date.
- Keeps momentum: You don’t pause operations to wait on a slow credit process.
- Less noise: We coordinate stakeholders, so you spend less time chasing paperwork and more time running the business.
How We Can Help
Secured Lending specialises in short-term, asset-backed solutions that respect your timeframes and goals. We’ve facilitated over 200 strategic second mortgages and have provided strategic lending advice for BAS catch-up in the past. If you’re weighing options, we’ll review your security position, confirm the second mortgage structure, and coordinate timelines for a calm, orderly BAS catch-up. Secured Lending is a short-term lending solution you can rely on. When you’re ready, our team is here to help you move quickly and confidently. Our team specialises in urgent short term loans solutions such as bridging finance, second mortgages, and caveat loans.
FAQs
1) Can I secure the loan against any asset?
You can leverage residential or commercial property as collateral. We do not accept other obscure assets as collateral.
2) How fast can you fund a BAS catch-up?
We prioritise urgent and emergency scenarios, with same day settlement and funding within 24 hours achievable once documentation and consents are complete.
3) Will this affect my first mortgage?
Your first mortgage stays in place. We work alongside it and coordinate any required consents so the second mortgage is properly registered.
4) What loan sizes do you consider?
Subject to security and assessment, you can borrow up to $10 million for a targeted BAS catch-up facility under our secured business loan solutions.
5) Can this work with future refinancing or bridging loans?
Yes. We can align your second mortgage with an exit via refinance, sale, or bridging loans, structured so the pathway out is clear and manageable.
