Director’s Penalty Notice

Has your client received a Director’s Penalty Notice? At NWC Finance, we help you take quick action and respond to the notice immediately with urgent funding. With us as your funder, you’ll be sorted before the notice reaches 21 days. Our team can give you the financial support to help you navigate the Director’s Penalty Notice with your client and access a bridging loan to avoid financial consequences.

Take the first step by contacting us today.

Break It Down For Your Client

NWC Finance specialises in providing urgent funds, typically for clients who need funding within 5 days. If your clients have received a Director’s Penalty Notice, they will have questions, and it’s important that they’re clear on what happens next. When it comes to Director’s Penalty Notices, it is imperative to take quick and precise action. Here’s what your clients will need to know: 

• Who issues a Director’s Penalty Notice?

A Director’s Penalty Notice (DPN)  is issued by the Australian Taxation Office (ATO).

• Why are DPNs issued?

Your client must be clear on why their DPN has been issued. There are a few reasons they may have received a notice, including: Recovering unpaid debts from PAYG withholding, Superannuation charges from incorrect payments issued and Goods and Services Tax. Alerting your client to why they have received their notice can help them navigate their duties in future, so they can avoid further penalties.

• What is the purpose of a DPN?

DPNs are issued to protect employee entitlements and ensure that directors are complying with their duties.

• What happens next & Consequences?

If you’re looking at a timeline of 5 business days and require urgent funding, that’s our forte. We specialise in loans that need funding quickly, so you can have peace of mind that your client’s Director’s Penalty Notice is dealt with in a time crunch. With NWC Finance, a Director’s Penalty Notice won’t snowball. As a private lender in Australia, we can approve loans much faster than traditional banks, which will work in your favour when time is of the essence.

Why Choose NWC Finance as your Funder?

As one of Australia’s leading commercial private lenders, we specialise in fast funding, so your clients’ debt doesn’t get out of hand. With over 20 years of experience, we’re experts in delivering tailored solutions exactly when they’re needed. When the banks just can’t act fast enough, that’s where NWC Finance comes in. 

We don’t just provide finance solutions; with NWC Finance, you can expect: 

• Fast Funds You Can Rely On: We specialise in short-term bridging financing, often with turnaround as fast as 48-72 hours, so you can get the support you need, when you need it. For commercial bridging loans, you can rely on NWC Finance.

• Tailored Loan Structures: As private lenders, we have the flexibility to customise our solutions to your needs. Available in Australia and New Zealand, we offer loans from $100,000 to over $50 million, so whatever your circumstances, we can help.  To be eligible to access larger loans, please contact our team directly.

• Experience: NWC Finance was established in 2004, and we’ve been providing urgent and complex funding ever since. We have the industry experience you need to navigate your clients’ Director’s Penalty Notice with ease.

• Independent Funding: The entire loan process is managed by us; we don’t need to rely on third-party financiers, which enables us to make faster decisions with our in-house key decision makers. 

• Collaborative Approach: We work collaboratively with accountants and professional advisors to navigate complex financial situations and provide you with high-quality support that you can trust.

How Our Process Works

Our tailored short-term bridging financing options are designed to support your client when they need it most. Our in-house approach gives you access to funding within days. 

We can help. But how?

Contact our team for a consultation. We value your time, and our quick and easy four-step process proves it.

Application

The first step is to complete an application form, which will detail your circumstances alongside any supporting documents that are required. 

Letter of Offer

After reviewing your application, a decision will be made, and the letter of offer will be issued.

Due Diligence

When you accept the terms of your initial offer letter, a more thorough assessment will be conducted to finalise approval in accordance with NWC’s requirements. Your loan documents will be issued.

Settlement and Funding

Once all the steps have been considered, and the relevant documents have been received, approved and returned to our solicitors, the loan will be paid.

Get access to bridging loans and commercial loans with NWC Finance as your private lender in Australia.

Don’t Just Take Our Word For It, Take Theirs

Take a look at just one of our many proud success stories.

Scenario

The director of a transport and logistics company received a Director’s Penalty Notice, which required payment within 14 days. They were unable to place the debt on a payment plan, so their accountant referred them to us.

NWC Solution

That’s where we came in. NWC Finance acted quickly and refinanced a second mortgage against the directors’ two commercial properties to raise $420,000 and clear their debt. Their debt was sorted within 4 days.

Outcome

The client was able to successfully pay the notice in the given timeframe and clear their ATO portals, which allowed them to seek financing from mainstream lenders in future.

Call us now to get started.

Australia: 1300 560 187 | [email protected]

New Zealand: +61 1300 560 187 | [email protected]