Are you BAS ready?

We can help you access additional funds to help stay on top of your ATO obligations?

Just a reminder that by 28 October most small businesses need to lodge and pay BAS and super guarantee contributions.

With the ATO taking a hard line on missed deadlines, it’s more important than ever for small businesses to plan how they will make their repayments on time to avoid potential consequences such as ATO penalties or a bad credit rating.

We offer small business loans and a line of credit facility that could help you stay on top of your ATO obligations when you don’t have the cash on hand to cover requirements.

Here’s how we can help:

• Rates from 9.9% p.a.*
• Funding possible in 24 hours
• Loans from $5,000 to $300,000
• Line of credit up to $25,000
• No asset security required to access up to $150,000
• Structured, manageable repayment plans

To qualify you will need an ABN and have been in business for more than 6 months. Then all you need to do is provide your last 3 months of banks statements and you’ll be able to borrow 100% of your monthly turnover.

>> GET STARTED – To apply visit xpressbusinessloans.com.au 

Small Business Loan Case Studies

Whether you need the funds for a new marketing campaign, payment of wages or suppliers, BAS or ATO obligations, or to purchase stock or invest in new equipment, we’ve got you covered. Here’s a few real examples;

LOAN 1 – Sport / Tennis coach
Requirement: Lighting equipment purchase
Loan Amount: $50,000
Term: 12 months
Rate: 1.40% per fortnight – Total Interest Percentage (TIP): 20.00%
KEY PRICING INPUTS
+ Diversified income sources
− Limited coaching resources available to meet client demand
WHY?
Unsecured – Couldn’t secure finance from traditional lenders due to lack of assets sought as security

LOAN 2 – Medical / Podiatrist
Requirement: Practice acquisition
Loan Amount: $250,000
Term: 12 months
Rate: 1.50% per fortnight – Total Interest Percentage (TIP): 21.50%
KEY PRICING INPUTS
+ Track record of growing profits
+ No ATO debt
− Limited experience in running a practice
WHY?
Eligibility – An acquisition opportunity presented, which needed to be funded by equity and business finance.

LOAN 3 – Pharmaceutical
Requirement: Bridge finance
Loan Amount: $500,000
Term: 12 months
Rate: 1.00% per fortnight – Total Interest Percentage (TIP): 14.06%
KEY PRICING INPUTS
+ ATO debt repaid
+ Diversified income sources
+ Good credit history
− Weak balance sheet
WHY?
Speed – Urgent need to fund inventory purchase while changing banks.

>> GET STARTED – To apply visit xpressbusinessloans.com.au/apply 

How Unsecured Business Loans Work…

All you need is an ABN and 6 months in business to apply for a loan. Best of all you don’t need to provide financials or any security for loan amounts less than $150,000.

The amount you can borrow is based on the turnover [gross income/revenue] of your business, which is verified by your last 3 months of business bank statements.

As a general rule you can expect to borrow 100% of your monthly business turnover. For example, if you have $50,000 in monthly revenue you will qualify for a $50,000 business loan.

What you need;
– An active ABN [been in business 6 months]
– 3 months of business bank statements
– Minimum $5,000 in monthly turnover/revenue

Loan Features;
– Borrow $5,000 – $500,000
– Loan rates from .75% per month
– 100% Unsecured – No collateral required!
– Low Doc – No financials required!
– 3 to 36 month loan terms
– Cash flow friendly repayments [daily, weekly or fortnightly]
– Approved and funded in as little as 24 hours!
– No hidden fees
– No interest penalty for early repayment

>> GET STARTED – To apply visit xpressbusinessloans.com.au/apply 

For more details feel free to call 08 8451 1500 or email us back with your query.

Cheers,

Sam, Matt & Andy
​Urbantech Finance

PS. Remember, with just an ABN and 3 months of business bank statements you can borrow up to 100% of your monthly turnover. Borrowing money for your business does not get any easier than this!