Trade Account

Pay invoices on your terms

A Shift Trade Account makes it easy to manage the timing of supplier payments. You tell Shift when to pay your supplier and you repay Shift on terms that work for you.

Get started

Features and benefits

Product overview

Your Trade Account allows you to add trade terms to almost any supplier invoice. Your supplier is paid on time and you choose a repayment option that suits your needs.

Repayments
Choose a date to repay in full. Or choose to repay in weekly instalments.
Account limit
Up to $500,000.
Fees
No establishment fee. No account keeping fee. Transaction fee based on invoice amount and repayment term chosen. Zero transaction fee for 14 day terms (eligible transactions).

How it works

  • Ordering

    Order from any supplier using your normal process.

  • Processing

    Upload details of the transaction to the Shift Trade platform.

  • Payment

    Schedule a date for Shift to pay your supplier.

  • Flexible repayment terms

    Choose when you want to repay each invoice.

How businesses use their Trade Account

Pay in full in - 14 days

Adding two weeks to the terms offered by suppliers can be great for cash flow. Since there is no transaction fee for this option, businesses are able to use it extensively. In many cases, it means businesses can generate revenue from the stock before they even need to pay for it.

Pay in full - 30 days

When payment for a large invoice is going to mean things are a bit stretched, it can help to push payment out by a few weeks.

Pay in instalments - 12 weeks

Many businesses prefer to pay their BAS in smaller, weekly instalments rather than in a lump sum each quarter.

Pay in instalments - 20 weeks

When it comes to paying for a small equipment purchase, it can help to have the option to spread payment over an extended period of time.
Shift business finance

Getting started

  • Register for a Trade account

    Here's how
  • Add your suppliers

    Here's how
  • Register for a Trade account

    Here's how

Open a Trade Account

Open a Shift Trade account using easy online registration.

Questions?

Our friendly team is here to help.

1300 249 649