Immediate Finance and Wind Up Notices
National Funding Group is an independently funded lender specialising in “Immediate Finance and Wind Up Notices” we also have the capacity to settle – up to $5 million dollars – from application to settlement on the same day.
At National Funding Group we are able to SOLVE your clients Wind Up notice in as little as one day!
At National Funding Group we are also able to give you a FIXED price to solve your clients Wind Up Notice saving your client from liquation.
A couple of settled scenarios are listed below:
Scenario 1
Client had an outstanding ATO debt of $100,000.00. The ATO had placed a wind up notice against the company in question. NFG received the scenario 3 days before the wind up date. As Security the client provided two residential properties totalling $2,600,000.00, with an existing first mortgage of $1,200,000.00 and a second mortgage of $200,000.00. NFG was able to finance the second mortgage payout and the ATO debt funding and settle within 3 business days.
Scenario 2
Client needed $250,000.00 as a first mortgage over their residential property for urgent business purposes. They had a very profitable business however couldn’t obtain main stream finance as the client had a substantial ATO Debt which they had not accounted for and the ATO was starting proceedings to wind up the company. The client applied with NFG, the ATO Debt was paid and the deal was settled the following morning.