Tradies Finance Sydney
U-Pawn – Tradies Cash Loans to $50,000
from Sydney’s leading Pawnbroker
☎️ 1300 205 558
❌ No Credit Checks
❌ No Establishment Fees
❌ No Repayments First 3 Mths
$$ Tradies Finance $$
It not always easy to get tradies finance. This is because most tradies are self-employed and get paid on invoice from a wide range of private customers – often in cash. This can mean, that when a tradie goes to a bank for a loan, they might not be able to show a guaranteed regular source of income, as if all their business came from a couple of big company customers on contractual terms.
This often means that tradies seeking finance, have to go the “low doc loan” route, but this still requires them to put up serious collateral, such as the family home by increasing the mortgage or placing a caveat on its title. The bank may, and often will, also require cash flow projections, up-to-date accounting records, perhaps even a guarantor on the loan, and will probably want you to have a whole range of personal accident and life insurances in place to ensure that their loan is repaid in the event of something terrible happening to you. And all this goes on your credit record.
Who has the time for all that when bills have to be paid to go on to the next job?
Guaranteed Loan Approval !!!
But, by taking out a pawn loan, you won’t have to worry about any of that. As a leading pawnbroker, we merely lend against items of value, without all the nonsense; for example you can use your car as collateral for a loan. You can even pawn your motorcycle, boat, trailer or caravan for a fast cash loan … no waiting around for approval. You can borrow money from us for just a few hours, a few days, a few weeks or a few months – and no interest has to be paid until the end of the loan.
We make getting tradies finance simple:
- Phone Us ☎️ 1300 205 558
- or fill-out the Online Enquiry Form … and we’ll call you.
- Better still, in some cases we can come to you for a free pawn-value appraisal.
Waiting on clients to pay?
Nothing is worse, you’ve done the work, you’ve purchased the material, you’ve paid the subbies, and your customer say’s – mate, I’m waiting on getting paid before I can pay. Besides being really unfair, you’ve got another job to go to and you need the money to start the job. This is where our fast cash loans can really help you out. Check out our invoice financing options.
You can get a cash loan right now – no credit check to slow things down- -you don’t have to tell anyone what you want the cash for– it’s that simple.
U-Pawn is a high-value collateral lender specialising in pawning Cars | Motorcycles | Boats and Trucks. From time to time we also pawn Heavy Machinery | Recreational Vehicles | Caravans | Trailers | Farm Equipment and even Aircraft.
To learn more about getting an urgent cash loan please visit the relevant page for the asset you want to pawn.
$$ Instant Cash Loans Guaranteed !!! $$
Getting a Tradie loan is easy. Unless something is really amiss, we can pretty much guarantee that your loan will be approved. We’re not looking at your credit history, it doesn’t matter to us if you are between jobs, or just starting out on your own, and we don’t really care if you do all your business in cash and have minimal records. All we really care about is that you own (outright) the goods you want to pawn. So, with a car, for example, you must own the car, with no finance owing on it. But, in certain circumstances we might consider lending on goods which are financed. So long as the loan-value ratio stacks up, your loan is pretty much guaranteed to be approved.
Usually, once approved, we’ll process your loan in just minutes and provide you cash in hand or an immediate bank transfer to an account of choice. We’re flexible either way. The point is, pawn loans are almost always cash loans. This is why pawn loans are so popular these days.
Use the money for any purpose!
Essentially, the way you choose to use the money we loan you is matter for you; we don’t ask why you need the money or what you are going to do with. We’re holding the pawned goods as collateral and that is all we need to know.
Many of customers use our fast cash loans to pay for:
- Medical fees
- Legal costs
- Vet bills
- Rental bond or deposit
- Business expenses
- Utility bills
- Car or vehicle repairs
- Travel & accommodation
- Holiday expenses
- School or education fees
- Car Rego’ bill
- Professional Fees
- Tax bill
- Traffic fines
- Home repairs
- Moving costs
- Presents or gifts
- Funeral costs
Note: U-Pawn is not a payday or personal loan lender.
FAQS
Frequently Asked Questions
What amount will we lend to?
Urgent cash loans are available from $2,000 to $50,000 (sometimes more on request).
The amount we will loan depends on the value of the goods being pawned. It will be unlikely you could borrow the full value of the goods. Generally, a pawn shop will only lend about 50% to 60% of the wholesale value of the goods. So, using a car for example, if you have a car with a pawn value of $30,000 you might be able to borrow a maximum of around $18,000 perhaps a few thousand more depending on the condition of the car.
Why do Tradies prefer pawn loans?
Basically because there is no mucking about.
There are many reasons why tradies prefer to get pawn loans in cash. The main reason is that these loans are fast – literally bring the goods to us and walk out with cash in your hand. Another reason why tradie pawn loans are growing in popularity is that no one knows that you’re getting a cash loan because it doesn’t go through your bank account and is not registered on your credit rating file. So your privacy and discretion are assured. If you have a bad credit rating or you are being chased for cash, getting a cash loan against something you own by pawning it with us is a logical and quick solution to your immediate cash flow problems. No one needs to know but you.
This means we don’t have to rely on retail loan products made for the masses which can disadvantage you, especially if you’re a tradie or self-employed; so with a pawn loan you’re better off now and in the future.
Loan on Car
Many people ask us whether they can get a loan on a car. The simple answer is Yes. Indeed, the easiest way to get a loan on a car is to pawn it. This way, you can a loan with your car as collateral; you can even get a loan against a car with no credit check, it’s that easy. You can even get a loan on an old car, even if you are on a bridging visa, or between jobs. You can even get a loan on a car which is under club registration, limited registration, or in the middle of restoration.
Are pawn shop loans tax deductible?
If you’re a tradie and take out a pawn loan for your business, chances are the interest component of your loan will be tax deductible. For example, if you’re a tradie needing a fast cash loan to get you through a difficult time, for instance while you’re waiting for slow paying customers to pay their bills, you can take out a pawn loan to get you through that difficult time.
It costs money to make money; so how do you pay for materials, insurance, fuel and for workers to get on with the next job when you’re still waiting to paid from the last job? … it’s not easy. That’s the great thing about our simple tradie loans … just pawn some equipment, a trailer for example, even a car or motorbike, and get the cash you need immediately.
You can use a pawn loan for your business just like you would with a bank, to help fund expansion and growth along with managing cash flow and even to make lease payments which you can’t afford to default on, even for a few days.
Some of the types of expenses that you can use our tradies finance loans for are:
- Payroll, Salaries, & Employee Benefits;
- Lease Payments;
- Rent or Mortgage;
- Utilities;
- Cars & Other Motor Vehicle Expenses;
- Communications, Internet & Cloud storage;
- Inventory & Stock;
- Licenses & Permits;
- Legal, Accounting, & Professional Services;
- Office Furniture, Equipment, & Supplies;
- Marketing, Advertising, & Sponsorship;
- Software & Subscription Services;
- Insurance;
- Business Travel & Accommodation;
- Marketing, Advertising, & Sponsorship;
- Public relations.
Generally, all interest payments related to your business can be claimed as a tax deduction, for purchasing new revenue-generating assets (like plant and equipment). Indeed, virtually all types of business loans allow you to make deductions against interest payments with just about any interest payment you make for a business-related expense can be claimed on tax.
Remember, a business loan, or tradies finance is usually always used for business purposes, unlike a personal loan which is used for personal expenses, which are not usually tax deductible. If you take out a pawn shop loan, even if you spend half of the loan on business expenses, that half may well be tax deductible.
Usual Loan Conditions
Pawning your “asset” means we will use it as security. We will keep possession of the asset for the duration of the loan. Therefore your credit rating is immaterial to borrowing money from a pawnbroker.
You must have legal and ownership rights to the asset you wish to pawn. The asset should have nil (or virtually nil) finance owing on it. If the asset has money owing on it we would need to consider the circumstances before offering to pawn it.
Usual Loan Conditions
Pawning your “asset” means we will use it as security. We will keep possession of the asset for the duration of the loan. Therefore your credit rating is immaterial to borrowing money from a pawnbroker.
You must have legal and ownership rights to the asset you wish to pawn. The asset should have nil (or virtually nil) finance owing on it. If the asset has money owing on it we would need to consider the circumstances before offering to pawn it.
Invoice Financing
Tradies need cash to operate. They need to purchase supply inputs, pay staff and subbies, as well as cover bills such as rent, equipment leases, telco and energy costs, and they also need cash to invest and grow.
One of the problems with standard ‘invoice financing’, often called ‘factoring’ is that lenders need to be sure the debtor (who the invoice is made-out to) can, and will pay up. This can be a bit difficult at times because some invoices are issued to private individuals who might not want to go through a credit check process. Other times there are cash only invoices. So, sometimes, the best option is to get get tradies finance against invoices is to pawn something of value while you’re waiting on invoices to be paid.
For example, tradies can use their car, or plant and equipment, an excavator or trailer for instance, as collateral against a loan. If you have a digger sitting on a trailer, and its not being used on a job, why not pawn it for cash while you’re waiting on your invoices to be paid. You can get a pawn loan from us to cover most debtor invoices (debtor loans) and you can also use your motorbike, boat or truck for a pawn loan. It’s that easy
Does a bad credit rating matter?
People ask – can I get an urgent cash loan with a bad credit rating? – the short answer is Yes. Your good or bad credit rating is not a reflection in obtaining a cash loan from us because you are pledging your property as collateral for a loan by handing whatever it is over to us until your loan (and any interest due) is repaid in full. This is the essence of pawning as you are using your asset -a car for example- as collateral for a loan.
Indeed, if you need an urgent cash or if you have a bad credit rating you may struggle to find a loan company willing to take the risk of lending to you on urgent notice or at all. Perhaps your credit cards are maxed-out; unless you have a standing line of credit with a bank like an overdraft or a mortgage drawdown facility you might struggle to get a loan quickly; that’s why getting a loan against something like a car by pawning it is often the best way to get an urgent cash loan. The great thing is, you can borrow money that you need right now for any reason.
Besides, credit checks aren’t always the best way to find out if someone is suitable for a loan. There can be many reasons why people have a bad credit rating, from not being on the electoral roll to being financially linked to someone with poor credit, so borrowing against your asset’s equity can be a good alternative in these situations. Learn more about bad credit loans >
Frequently Asked Questions
Do I have to be 18+ to pawn something?
Yes – To pawn something in NSW you must have attained at least 18+ years of age.
Page Topics: Tradies Finance | invoice finance | Guaranteed Loan Approval |invoice finance for small business | invoice finance for tradies | invoice finance companies | pawn shop loans Sydney