ATO Tax Debt
Funding requirements for a tax debt is not an uncommon situation. Blackbird Capital have seen the insides of hundreds of Australian companies where a significant tax debt is owed. A business may experience cashflow difficulties due to a range of reasons such as loss of contracts, debtors not paying on time or a business interruption.
Blackbird Capital have created a loan facility similar to a premium funding facility whereby we will pay your ATO arrears upfront for your company with repayments terms over 3 – 6 months.
Security will be required over assets or property however if you are at risk of being wound up by the ATO or suspect this may happen, a Tax Debt funding solution may be right for you.
