Struggling with ATO Debt? How refinancing could be the key to your Financial Freedom

Imagine you’re a self-employed business owner with a thriving business. However, despite your success, you're facing a significant challenge: ATO debt. If you've ever found yourself in this situation, you're not alone. It’s a stressful scenario, but it doesn't have to be the end of the road. With the right financial solutions, you can turn things around, boost cash flow, and get back on track.

Let’s look at a real-world example of how refinancing can help a business owner clear ATO debt and regain control over their financial future.

The Scenario:

One of our clients, a business owner operating a company with a $3M+ annual turnover, found themselves dealing with a substantial $200K ATO debt. This debt wasn’t the result of mismanagement, but rather a combination of delayed contractor payments and supply chain disruptions. In situations like this, cash flow problems are common, and when cash isn’t flowing as expected, it’s hard to keep up with obligations like taxes.

The challenge: The client had a substantial amount of ATO debt, and traditional methods of repayment were creating even more strain on their business operations.

The Skybridge Capital Solution:

At Skybridge Capital, we take a strategic and personalised approach to investing. After understanding the full scope of the client’s business situation and challenges, we worked out a custom refinancing plan that included the following:

Alt Doc Refinance
30-year Loan Term
Equity release to clear ATO Debt

The Outcome:

With the refinancing plan in place, the client was able to clear their ATO debt in full, allowing them to focus on expanding their business rather than managing the burden of unpaid taxes. The strategic release of equity also helped improve cash flow, making it easier to manage operating expenses, pay employees, and reinvest in growth initiatives.

At Skybridge Capital, we have the best finance solutions for you

Dealing with ATO debt as a business owner doesn’t have to feel like a constant battle. Whether you need help with refinancing, debt consolidation, or finding the best finance solutions for your business, we’re here to help you every step of the way.

Ready to discuss your options? At Skybridge Capital, we’re committed to finding the best solution for your unique situation. Let’s talk about how refinancing can help you clear your ATO debt and get your business back on track.