Quantum Credit is a reputable Perth-based company offering mortgage-backed short term business loans – as well as short term investment loans – to borrowers who require urgent funding for business investment or expansion. This includes for commercial property development, bridging loans, shareholder buyouts, debt refinancing, construction completion, working capital and more.
The client needed to avert legal action by the ATO due to unpaid tax assessments. The refinance process through his existing bank loan would not meet the time deadlines imposed by the ATO. Quantum provided a two month bridging loan facility, secured by second mortgage, to pay out the ATO and was settled by the refinance of the loan.