Small Business Loan: Convenience store

Total Loan: $50,000

Monthly Turnover: $40,000

Purpose: Pay ATO debt

 

Comments:

The ATO is cracking down on debt and ramping up enforcement once more.

This convenience store owner wanted to expand but couldn’t get a loan from their bank due to ATO debt.

They applied for an unsecured business loan which allowed them to settle their tax debt and clear the way for the expansion loan from their bank.  

 

Why Xpress Business Loans?

We understand business owners are passionate about their business which is why we look beyond just ticking boxes.

All our lender partners have an open-minded approach to credit and when assessing applications look for ways to approve deals, not decline them.

For more details and to apply click here  

 

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