Tax Debt Loans

A tax debt loan is business finance used to pay or refinance eligible outstanding tax obligations. It can help you clear tax debt while spreading repayments over an agreed period, rather than paying the entire amount from your working capital at once.

Yes, subject to eligibility and lender approval. Business finance can be used to pay or refinance eligible ATO debts, including GST, PAYG and company tax obligations. The options available depend on the size of the debt, your business performance, cash flow, credit profile and ability to repay.

We assess your tax debt, turnover, cash flow, trading history, credit profile and overall financial position, then compare suitable options across our panel of 80+ banks and non-bank lenders. If approved, the finance can be used to pay or refinance your eligible tax debt, with the new facility repaid over the agreed term.

The amount available depends on your tax debt, business turnover, cash flow, existing commitments, credit profile, available security and ability to service the loan. Both unsecured and secured options may be available, with larger facilities potentially requiring additional documentation or security.

Eligible businesses can receive a same-day decision, with same-day funding available up to $500,000 for qualifying applications. Many other approved applications can be funded within 24–48 hours, depending on the amount, documentation and complexity of the application.

Tax debt loan rates vary depending on the amount, loan term, business performance, credit profile and whether the finance is secured or unsecured. We compare rates, fees, repayments and loan structures across suitable options to help find a competitive solution for your circumstances.

Potentially. We can often secure lower rates and better terms than an ATO payment arrangement for eligible businesses. The actual cost depends on the finance offer and your circumstances, so we compare the interest, fees, repayment structure and total cost before you decide whether refinancing makes sense.

It can be. Refinancing tax debt may give your business access to a more competitive rate, longer or more manageable repayment terms, or a structure better suited to your cash flow. It can also allow you to clear the outstanding ATO balance and replace it with a business finance facility. Whether it's better depends on the total cost and terms available to your business.

Potentially. Business finance may be used to pay out eligible tax debt already being managed through a payment arrangement. We compare the available finance against your current arrangement to determine whether refinancing could provide a better rate, repayment or overall structure.

Potentially. Having an existing payment arrangement doesn't automatically prevent you from obtaining business finance. Your current tax position, payment history, business cash flow and overall financial circumstances will generally form part of the assessment.

Not always. Unsecured tax debt finance may be available to eligible businesses without residential or commercial property security, although guarantees may still be required. Secured finance can also be considered and may provide access to larger amounts, longer terms or more competitive rates.

Potentially. Some lenders offer low-doc or streamlined business finance where full financial statements or tax returns aren't required. You may instead be assessed using business bank statements, BAS, accounting data, turnover, details of the tax debt and your credit profile.

Potentially. Previous credit issues don't automatically rule you out. Some lenders may place greater emphasis on your current turnover, cash flow and trading performance. Your credit history and existing tax arrears can still affect the rates, amounts, terms and lenders available.

Potentially, although outstanding lodgements can reduce your options. Lenders generally need enough current information to understand your tax position and assess your ability to repay. Some lenders may require outstanding lodgements to be brought up to date before approving finance.

Yes. Outstanding tax debt can form part of a lender's assessment of your overall financial position. It doesn't automatically mean you'll be declined, but the amount, age and status of the debt may affect your eligibility, borrowing capacity, rates and available terms.

An ABN is an important starting point, but it generally isn't enough on its own to determine eligibility. Depending on the lender and amount required, you may also need business bank statements, turnover information, BAS or accounting data, details of the tax debt and information about your existing commitments.

Potentially. Eligible sole traders, partnerships, companies and trusts may be able to access business finance to pay tax obligations. Approval depends on factors such as business performance, cash flow, credit profile, tax position and ability to repay.

Potentially. Business finance may be used to pay or refinance eligible GST liabilities, subject to lender criteria and approval.

Potentially. Eligible PAYG obligations may be paid or refinanced using business finance, depending on your tax position, business circumstances and lender criteria.

Potentially. Business finance may be available to pay or refinance eligible company income tax liabilities, subject to credit assessment and approval.

Potentially. Depending on your circumstances, eligible tax debt and other business debts may be refinanced or consolidated into a new facility. This can simplify repayments and potentially improve cash flow, but the new rate, fees, term and total cost should be compared carefully.

Potentially, but it's generally better to explore your options early. The further recovery action has progressed, the more complex the situation can become. Available finance will depend on the amount owed, stage of recovery action, business performance, available security and lender criteria.

It may improve your overall financial position, but it doesn't guarantee approval. Lenders consider your tax position alongside turnover, cash flow, trading history, existing debts and credit profile when assessing an application.

Terms vary depending on the amount borrowed, lender, loan structure and whether security is provided. Unsecured facilities may have shorter terms, while secured finance can potentially offer longer repayment periods. We compare the term and repayment structure as well as the rate.

Requirements vary, but you may be asked for identification, ABN or company details, business bank statements, BAS, financial statements, accounting information, details of existing debts and evidence of your outstanding tax obligations. Low-doc options may be available for eligible applications.

Often, although this depends on the lender and loan agreement. Some facilities allow additional repayments or early payout, while others may have early repayment, break or discharge fees. We can consider repayment flexibility when comparing your options.

Getting an initial quote with Overdrive does not require an upfront credit check. We can assess your requirements and compare suitable options before progressing to a formal application. If you choose to proceed, the selected lender may conduct a credit enquiry as part of its assessment.

Tax debt finance can be worth considering if an outstanding ATO balance is putting pressure on your cash flow, you're looking for an alternative repayment structure, or you want to consolidate eligible tax debt with other business finance. We can compare your available options to determine whether refinancing provides a better outcome for your business.