If the credit card was how you got through a tight month, it's gone after 30 November. If you own an asset, you can release its value as cash to fund your BAS or another ATO bill, and pay it back when you have more time. No property or mortgage needed.
No obligation. Tell us three things and we'll come back with a straight answer within 2 hours.
The credit card gave you a few weeks between the due date and the cash coming in. Your assets can give you a month or more. Release some of their value, pay the bill, and repay it when the receipts land.
"The BAS is due and the cash isn't in."
The money is tied up in jobs, stock and equipment. The credit card used to cover the gap.
"My payment plan runs on a credit card."
The next instalment after 30 November has to come from somewhere else.
"The bank wants the plan."
Banks look at financials and forecasts, and the debt shows up in them. When the plan breaks, they pull back.
"I could sell something. I'd rather not."
A rushed sale means a discounted price, and the asset that earns for you is gone.
Hand the asset over for the term and we store it. You get our best rate, funding the day it's secured, and you collect the asset when you repay.
Learn moreThe asset keeps working. We release its value without taking it and GPS-secure it where it stands. Nothing changes hands. The one most people prefer.
Learn moreYou're ready to let it go. Capital lands the day it's secured, before the sale, and the proceeds close the loan. No monthly repayments.
Learn moreYou pay the ATO by credit card and own a truck, machine or boat that earns its keep. With Track It you keep it working and release the cash to pay the bill.
| Payment plan with the ATO | Bank facility | Sell the asset | Release its value (ABL) | |
|---|---|---|---|---|
| What it does | Defers the debt. No cash comes in | New borrowing | Turns the asset into cash for good | Borrows against the asset, short term |
| The asset | Not applicable | Not touched | Gone, often at a discount when urgent | Keeps working or is stored, then returned when you repay. Or sold to close the loan |
| Assessed on | Agreed with the ATO | Credit, financials and trading history | The buyer's valuation | The value of the asset |
| Speed | Depends on the ATO | Often weeks | Days to weeks | Typically 24 to 48 hours |
| Best for | A debt you can repay over time | A longer-term need | Assets you no longer need | Asset-rich, time-critical, not long term |
Not sure which fits? Start with the ATO and your accountant.
Steve Heavey, Managing Director of Asset Based Lending, explains how a cash out solution works and when it fits: you own the asset, time is short and your other options are slow or closing.
This is a real equity release play. There are a lot of businesses out there that are asset rich but cash poor. They're sitting on assets because they know that at some point they may need them. If you're talking about a construction company, that could be trucks, cranes and excavators, all sitting around waiting for the next job. Those assets are doing nothing, when they could be used to resolve some of the short-term cash flow challenges the business may face.
So it's about educating people that this is a short-term solution that helps businesses smooth out their cash flow and resolve those issues, using assets they already own instead of taking on more lending, which puts them under even more pressure.
We had an organisation recently that was on the winding-up list at the ATO. The ATO were trying to wind up their transport company, and they were two days from losing the business to liquidation. Within two days we were able to provide enough money for the business to pay the ATO back, get off the winding-up list and keep trading. One of the best outcomes was that their broker came in and refinanced the family home, so they could pay us back, and the business continued. That saved 40 jobs. This business had 20 trucks on the road, and it lives to fight another day.
I think that's the greatest part of asset based lending. We're here to help businesses survive right now. We can do that because we can move quickly. Nine times out of 10, it's the urgency that's required in these situations where ABL is able to come to the fore, and we provide the bridging solution so they can resolve their issues and get the help they need, whether that's through their accountant or their finance broker.
Well, you could do that, but a lot of our clients are in urgent need of cash. If you go down the traditional path of selling an asset, or going to a bank to secure finance, you can safely say it's going to take at least two to four weeks before that even happens. In some cases with banks, it could be up to three months before you get a decision on commercial finance.
Asset Based Lending can provide a solution the same day. If you've got assets sitting idle and you're willing to park those assets with us, we can release funds on day one.
Steve: We'll lend money for up to six months. We've probably had several customers in that situation at the end of the term, and every one of them has said to us that they were going to sell the asset anyway. It was one of their exit strategies from the start. What Asset Based Lending does is buy people time. We allow them to resolve the issue and get out the other side. Because you can access the funding straight away, you can resolve that tax debt straight away, take the pressure off, get the wolves from the door, and really focus on your business and get yourself out of trouble.
Update, October 2026: the maximum term is now nine months.
At the end of the term, every single person we've talked to has said, "Steve, we were going to sell the asset anyway, but you provided a short-term solution and got us out of trouble at the time. What we're doing now is what we were going to do right at the start, and it's been a great outcome for us."
Interviewer: That time piece is really interesting. If you're going to sell, you need a valuation anyway, but then the time keeps going while you try to find the person who's going to pay at that valuation. And we know the market: you're never going to get the price it's valued at. It's always going to be under.
Steve: Yeah. You never get full price at a liquidation sale, I can tell you that. So in the situations where we do sell assets at the end of the term, we run a proper four-week campaign. It's all transparent and all online. We've got a business partner in Lloyds Auctions & Valuations, where everything's transparent and you can see live bids coming in on your asset. Because we're lending 70% of the forced liquidation value, not the market value, there's always a surplus at the end of the term. We take our principal and interest back, and whatever's left after the asset's sold goes back to the client.
Typically 24 to 48 hours from enquiry to funded, with same day settlement once the asset is secured. Our record is six hours. The main variable is how quickly the asset is made available, which is why getting it valued early helps.
No. ABL provides commercial lending for business purposes. The loan can be secured against an asset owned by the business, by a director or owner, or by a third party, such as a vehicle or equipment, provided it is owned outright, ownership is clear and we can secure against it.
Yes, from $20K. We lend from $20K to $1M, and the amount depends on the value of the asset, up to 70%.
No. We lend against moveable assets such as vehicles, trucks, boats, plant and equipment. There is no mortgage, no building valuation and no legal work.
The minimum is one month. One to three months is standard, and terms run up to nine months. You can repay from the receipts you were waiting on, from selling the asset, or by refinancing to your bank. You can exit any time after month one with no penalty, and after that you pay only for the days you use.
We work with you on options. If repayment isn't possible, we sell the asset to clear the loan and return any surplus to you.
Some businesses use short-term finance to meet a tax payment on time. ABL provides commercial cash-out finance secured against an asset you own. It is not a substitute for talking to the ATO or your accountant, and you should get advice on your own position.
If you own an asset, get it valued. Free and no obligation.
Cash-Out Solution · For Brokers · For Accountants & Advisors · About Us
Speak to your accountant about your tax position. ATO details are taken from the ATO's announcement, last updated 1 October 2026.
