
Archive for July, 2011
tax payment pending?
Author: HowardIt’s TAX time again…. and I have seen with some of my existing clients, the ATO has been a little lenient with some of the outstanding tax monies, until now that is!
Traditionally banks are not kind on Tax Debt payments and if the ATO is pushing for payment of last year’s outstanding then you may need some options and quickly.
The GFC has seen a huge impact upon the Finance markets especially with the non bank lenders. The good news is lending has been slowly improving with the confidence, so has the lending options available to those who don’t fit the normal banking guidelines.
Policies for non banks have improved allowing for higher lending ratio’s on residential housing even if you have had some late payments or some credit dispute.
The approach avoids mortgage insurers so a more common sense approach can be adapted to an individual’s / business circumstances.
The pricing is more in line with overdraft rates; however the options can be structured to allow you to return to main stream lending options in a relatively short period of time.
Contact Howard now for a no obligation discussion


