Refinance Your
ATO Debt
Ensure the interest you pay is tax deductible. Access flexible finance options to manage your tax debt effectively.
Why is ATO debt now a problem?
ATO debt is weighing heavily on many Australian businesses. From July 1 2025, interest on tax debt will no longer be tax deductible, making that debt more expensive to carry.
The ATO is also becoming more aggressive in collecting outstanding balances — issuing Director Penalty Notices (DPNs), referring cases to debt collectors, and applying interest.
If your business is carrying ATO debt, it's time to act.
How can I solve my ATO debt problem?
At Splendid, we help Australian businesses refinance or pay off ATO tax debt using flexible finance options.
Whether you need a lump sum to clear your balance or a working capital boost to stay compliant, we'll connect you with a lender that understands your situation — and acts fast.
We're not a lender. We're your partner in finding the right finance deal for your business needs.
Options for Refinancing ATO debt
There are three finance products that could be used to refinance your ATO debts.
| Finance Type | Best For | Typical Terms |
|---|---|---|
| Business Loan | Repaying a lump sum ATO balance | $30k–$500k / 1–5 years / daily or monthly |
| Line of Credit | Managing ongoing BAS or GST payments | $30k–$250k / revolving facility / flexible drawdowns |
| Overdraft | Smaller or temporary ATO liabilities | $30k–$150k / flexible usage / interest only on drawn funds |
How much could I borrow?
Loan sizes depend on your business revenue, trading history, and whether you have existing payment plans or DPNs.
Lenders may request:
- BAS statements and ATO portal screenshots
- Bank statements and financials
- Evidence of tax debt and any current ATO payment plans
📌 We'll help you prepare everything — and avoid unnecessary knockbacks.
Is my business eligible?
General Requirements:
Documentation Required:
What are the steps involved?
Initial Consultation
We discuss your business needs, financial situation and refinancing requirements.
Document Collection
We help you gather the required tax & financial documents and business information.
Lender Matching
We identify the lenders that match your needs & situation.
Offer Comparison
We present and explain the offers, helping you choose the right option.
Settlement
We manage the settlement process and ensure your refinancxing is completed.
Accredited and trusted
We're proud members of leading industry bodies, ensuring you receive professional and tailored financial solutions.
FBAA Member
Finance Brokers Association of Australia
AFCA Member
Australian Financial Complaints Authority
FRANdata Partner
Franchise Industry Research & Analytics
Don't just take our word for it.
Read what our clients have to say about Splendid.
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Sharni
GM, Online Retailer
"Bhavi was incredibly supportive and knowledgeable throughout the process of securing new funding for our eCommerce business. Always available to discuss any questions or concerns, he explained our options with clarity and patience."
Abhi
Owner, Logistics Company
"We are incredibly supportive and knowledgeable throughout the process of securing our business loan. Their expertise made all the difference, and we couldn't be happier with the outcome."
Helen
Director, Software Company
"Excellent service. The whole experience was seamless, fast and easy. Very impressed with how everything was managed, great communication along the way."
Simon
Owner, Marketing Agency
"Bhavi is fantastic to work with and genuinely cares about getting the best outcome for his clients. I highly recommend Splendid for any small businesses looking for finance solutions."
Byron
Founder, Development Company
"Great experience, spoke to me the whole way, got a great deal and never felt pressured at any time, highly recommend these guys."
Access to 70+ business lenders
We work with Australia's leading bank, non-bank and private lenders to find you competitive rates and terms for your business needs.
Why work with a broker like Splendid?
Access to multiple lenders
Compare offers from ~70 business lenders to find the right deal for your unique needs.
Save time and effort
We handle the application process and negotiate with lenders on your behalf.
Expert guidance
Our experienced team provides personalised advice based on your business needs.
Better outcomes
Higher approval rates and more favourable terms through our lender relationships.
How do I compare offers from different lenders?
When comparing offers, it's important to look beyond just the interest rate. Here's what to consider:
Key Comparison Factors:
Additional Considerations:
FAQs
From 1 July 2025, interest paid on ATO debt will no longer be tax deductible, meaning you'll pay more in real terms. Refinancing now may save you money and help you avoid ATO enforcement action.
Yes. Many lenders will work with businesses already on an ATO payment plan, especially if you're looking to consolidate and reduce overall interest costs.
When we check your eligibility, most lenders perform a 'soft' credit check, which does not impact your score. Only when you formally apply with a particular lender, the lender will run a full check.
If repayment becomes difficult, contact your lender immediately. Most lenders will work with you to adjust repayment terms. As your broker, we can also help negotiate alternatives with the lender on your behalf.
Typically 24–48 hours once we have all the necessary documentation. Settlement often takes 3–7 business days after approval, depending on the lender.
No. Our service is completely free for you. We're paid by the lender once your loan settles — so there's no upfront cost, no obligation, and no hidden fees for you.
Accelerate your business growth.
Get your personalised ATO debt refinancing quote today and discover how we can help your business get back on track. Join the hundreds of Australian businesses we've helped secure funding.