Finance Solutions
Commercial & Business Finance
Business finance starts with financials a lender can trust
Buying commercial premises, funding growth, taking on a new contract or restructuring existing debt: every business borrowing decision is judged on your numbers. Lenders want to see profit, cash flow and a clean compliance history, and they want to see it quickly.
TaxProof prepares and reviews the financial and tax records that support your application. Through our strategic partnership with Rediscover Capital Finance, you also have access to experienced commercial brokers who compare options across a broad range of lenders. Your accountant and your broker work from the same set of numbers.
What lenders look for, and how we prepare it
| Lender asks for | What TaxProof prepares |
|---|---|
| Recent financial statements | Profit and loss and balance sheet, reconciled and consistent with lodged returns |
| Business tax returns | Company, trust or partnership returns lodged and up to date |
| BAS history | Lodged BAS that match reported turnover |
| ATO position | A clear view of any tax debt and payment arrangements |
| Cash-flow evidence | Supporting schedules and explanations for unusual items |
Inconsistencies between these documents are one of the most common reasons business applications slow down. We find and fix them before the lender does.
Where tax and business finance meet
Which entity borrows
A loan taken by a company, trust or individual has different tax outcomes. We help you choose the borrower that fits your structure.
Interest and costs
Interest and borrowing costs on money used for business purposes are generally deductible. We make sure they're recorded and claimed correctly.
Money moving between you and your company
Funds drawn from a private company to repay personal debt can trigger Division 7A. We keep those flows clean.
Tax debt
Overdue business tax debts can affect lender decisions. The ATO can also report business tax debts of $100,000 or more that are over 90 days overdue to credit reporting bureaus, unless you're engaging with the ATO to manage them. We help you get on top of them before you apply.
How it works
Financial health check. We review your financials, lodgements and ATO position.
Lender-ready pack. We prepare statements and explanations in a format your broker can use.
Introduction. We introduce you to Rediscover Capital Finance, who assess your needs and recommend suitable funding.
Structure and claim. Once settled, we record the loan correctly and claim what you're entitled to.
Common questions
Do you provide the loan?
No. Finance is arranged by our strategic partner, Rediscover Capital Finance. TaxProof prepares the financial and tax information behind your application.
My accounts are behind. Can I still apply?
Possibly, but most lenders want current financials and lodgements. We can bring your records up to date quickly.
Can you talk to my broker directly?
Yes, with your permission. That's the point of the partnership: fewer emails, fewer delays.
Planning your next move?
Let's make sure your numbers are ready, then connect you with our lending partner, Rediscover Capital Finance.
Lending services are provided by Rediscover Capital Finance (Australian Credit Licence 389328). TaxProof does not provide credit assistance or lending advice; we refer clients to our lending partner with their consent. Information on this page is general in nature and doesn't take your personal circumstances into account.