Machinery Finance With ATO Debt
Yes, you can still get approved. Low-doc options and smart solutions for businesses managing tax debt.
Machinery Finance With ATO Debt
If your business has ATO debt, you’re not alone. As of June 2025 the ATO had over 655,000 business under tax plans. Having ATO debt doesn’t mean you can’t get machinery finance or continue to expand. At Bloom Financial Services, we work with businesses every day who need equipment to keep their business moving but are dealing with tax arrears, payment plans, or cashflow pressure.
Can you get machinery finance with ATO debt?
Yes. Two main paths below.
1. Low-Doc Machinery Finance
Many lenders will still approve machinery loans even if you have ATO debt, provided the business is viable and cashflow supports the repayments.
Key criteria:
- ABN & GST 1+ years
- Property backed or deposit / additional security
- Previous good credit history
2. Refinance Your ATO Debt into a Business Loan
If required, we can also help refinance your ATO debt into a business loan.
Why this matters:
- The ATO recently changed their rules and interest on ATO debt is no longer tax-deductible
- Refinancing the debt into a business loan can make the interest tax-deductible, improving cashflow and reducing pressure
- It can also improve your position when applying for machinery finance
Why clients choose Bloom
We specialise in helping business owners who don’t fit the traditional bank model, including those with tax debt, bad credit, or limited financials. Our approach is simple:
No judgement, just solutions that keep your business operating and moving forward.
