Has anyone looked at a deal where the company is delinquent on sales taxes?

The sales tax liability is material - about $1.8 million on a company doing $5 million in revenue. Clearly, this is a red flag but management has been upfront about it and the owner intends to use the sales proceeds to repay the tax liability.

Could something like this get bank financing if the proceeds sit in escrow for tax liability repayment?