While business debts are a necessary part of operating and growing a business, they can become difficult to manage.
A lack of cash flow, a growing reliance on credit, inability to pay invoices on time and incurring late payment fees are all signs that your debts may be getting out of control.
ATO debts
You may also have the additional pressure of outstanding tax debts. Since 1 July 2010, the Australian Taxation Office has had the ability to require of any business, big or small, a cash deposit as security against that business’s possible debts, including tax debts to the ATO. Serious penalties can be incurred by the director of a business from the ATO if tax debts are not paid. Liberty may have a product to help you pay this tax debt whilst giving you the funds to keep growing as a business.
Debt consolidation
If you own a commercial property or you’re considering buying one, a good solution is to consolidate all your debts into a commercial property loan, making your repayments easier to manage. Plus, the interest rate you pay on a commercial property loan is typically lower than that of other forms of credit, which could save you thousands on interest payments in the long run.
Liberty has a number of loan options available that may enable you to consolidate your business debts.
We think this might be just what you need
Liberty Enterprise
Finance for commercial properties, with great rates and fast turnarounds.
You may also want to consider
 A low deposit, flexible loan term option that requires no additional financial verification. |
 An 'easy doc,’ short term loan that doesn't need financial verification. |
HOW TO ENQUIRE
|
|
|
