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FAQ's
Why choose Shift?
Shift is one of Australia’s fastest-growing technology companies and a leading provider of credit and payment solutions that seamlessly help businesses trade, pay and access funds. Recognised by AFR’s Fast 100, Deloitte’s Technology Fast50, Smart Company’s Smart50 and Deloitte’s Asia Pacific Technology Fast 500.
What can I buy?
A Shift Trade Account can be used to pay supplier invoices, ATO, utilities and more.
What is the maximum account limit?
Account limits up to $500,000 are available
What do I need to open an account?
Shift can assess any business with a valid Australian Business Number. You will also need to provide your mobile number, driver’s licence or passport and connect your business bank account
How long does it take?
Limits up to $50,000 can be set in minutes. Limits over $50,000 can be set the same business day.
What does it cost?
Using Shift is free unless you want to extend your repayment date. Any additional fees are clearly displayed when choosing extended repayment options.
What is the minimum invoice size?
The minimum invoice amount is $20
How long do I have to repay?
The default repayment option for BM Timber is 30 days and this is at no cost to you. You can choose to extend repayment on any invoice by up to 26 weeks for a transaction fee. The transaction fee will depend on the repayment option you choose and will be clearly displayed before you confirm.
How do repayments work?
A schedule of your repayments is available online. Repayments are automatically debited from your nominated business bank account. You will receive a reminder two days prior to your repayment due date to tell you the amount that will be deducted from your bank account.
How can I contact Shift?
Our Shift Relationship Managers are available to help you with any questions. They can be reached on 0413 232 028.
