Tax debt is a serious issue for many small businesses. In 2019, it’s estimated that small business owners owe the ATO $13 billion. Given the large amounts businesses owe to the ATO, business finance brokers are well placed to help their clients with this challenge.
Small business lending clients often want fast access to funds. In many cases, we can provide a lending decision within one business day. The vital factor in making a quick decision is getting the information required. Let’s look at the details to capture from your clients to avoid delays and get their business loans approved quickly.