Industry
Finance for Trades
Trade businesses run on utes, tools and relationships, with materials paid for upfront and jobs paid for later. Finstead arranges finance for the vehicles and equipment, and for the cash flow that sits between a job being done and a job being paid.
What finance suits trades businesses?
Vehicle Finance: Utes, vans and work vehicles.
Equipment Finance: Tools, trailers and specialist equipment.
Working Capital: Materials, wages and insurance ahead of payment.
ATO Debt Refinance: Clears tax debt that builds up when jobs are paid late.
Situations we commonly see
- Growing from a sole trader to hiring staff and adding vehicles
- Materials that must be paid for before the client pays
- Late-paying clients stretching cash flow
- ATO debt that built up during a slow period
Frequently asked questions
Yes. Vehicle finance is available to sole traders as well as companies, assessed on trading history, income and the vehicle being purchased.
General information only, not financial advice. Lender criteria vary and approval is at the lender's discretion. Finstead is a broker, not a lender.