Business Details
12 Years
experience
Business Financial Solutions for Australian SMEs
Since 2014, Shift Trade has been dedicated to empowering Australian small and medium enterprises with innovative financial solutions. Our team of 260+ specialists combines deep industry expertise with cutting-edge technology to deliver tailored credit and payment products across working capital, asset finance, and trade credit markets. Recognized as a four-time CAFBA Fintech of the Year winner and recipient of the IDC DX Digital Disruptor award, we maintain rigorous compliance standards while prioritizing client-centric service.With over 25,000 businesses supported and $2 million+ in financing options available, our proven digital platform enables seamless 24/7 financial management. Our leadership team brings decades of banking, fintech, and risk management experience from institutions like Macquarie Capital and Westpac, ensuring we maintain our position as a trusted partner for business growth. Through continuous innovation and a commitment to transparency, we help businesses optimize cash flow, acquire assets, and expand operations with confidence.
Services
Business Overdraft
Equipment Line
Asset Finance
Trade Account
Term Loan
Details
- Year established: 2014
Highlights and features
- We offer 24/7 digital access to financial products through our award-winning platform
- Our team of 260+ specialists provides tailored financial solutions for SMEs
- Recognized as Fintech of the Year by CAFBA for four consecutive years
- We provide instant approval for limits under $500,000 with no paperwork
- Our products combine competitive rates with flexible repayment options
What people say
Enabled business expansion
Fast approval process
Flexible repayment options
Seamless digital platform
Supports business growth
Services
Business Overdraft
Our Business Overdraft provides instant access to working capital with limits up to $1 million. Businesses pay interest only on amounts used, with rates from 14.95% annual variable. The digital platform enables 24/7 fund transfers, making it ideal for managing cash flow gaps and unexpected expenses.
Equipment Line
The Equipment Line offers financing up to $1 million for equipment purchases with terms up to 5 years. Available for new or second-hand equipment, this product features rates from 13.95% fixed annual rate and 120-day repayment deferral. Funds are transferred to suppliers next business day after approval.
Asset Finance
Asset Finance provides vehicle financing up to $2 million with terms up to 7 years. This product suits businesses needing commercial vehicles, offering rates from 8.95% annual percentage rate. The streamlined application process requires only bank statements for loans under $500,000.
Trade Account
Our Trade Account enables businesses to extend payment terms with suppliers while maintaining cash flow. With limits up to $500,000, this solution allows flexible repayments up to 26 weeks. The digital platform manages multiple suppliers and invoice extensions seamlessly.
Term Loan
Term Loans offer funding from $25,000 to $1 million for business expansion or capital projects. With rates from 14.95% annual rate and terms up to 5 years, funds transfer directly to business accounts. The online application requires minimal documentation for quick approval.
People
Jamie Osborn
Chief Executive Officer
With 20+ years in commercial and investment banking, Jamie holds an MBA from NYU Stern and Bachelor of Commerce from University of Western Australia. Previously Managing Director at Macquarie Capital.
Renata Cihelka
Chief Commercial Officer
Renata brings extensive experience from ANZ, AMP, Morgan Stanley and CBA across Australia, UK, USA and Asia in product and project delivery roles within financial institutions.
Frank Sterle
Chief Operating Officer
Former Deutsche Bank executive with FICC division experience. Holds dual degrees in Engineering and Commerce from University of Melbourne, combining technical and financial expertise.
Praveenesh Pala
Chief Financial Officer
Prav has two decades of senior finance experience including CFO role at Tyro Payments. Qualified CFA and CPA with Bachelor of Commerce from University of NSW.
Eldar Averdi
Chief Technology Officer
Technology leader with 15+ years scaling tech teams at OFX, Telstra and TeliaSonera. Holds Computer Science degree from KTH Royal Institute of Technology in Stockholm.
Questions
What financial products does Shift Trade offer?
Shift Trade offers Business Overdrafts, Equipment Lines, Asset Finance, Trade Accounts, and Term Loans with limits from $10,000 to $2 million.
How quickly can I access funds?
Limits under $500,000 can be approved within hours with no paperwork. Funds transfer next business day after agreement signing.
What are the eligibility requirements?
Businesses need 2+ years trading history and $250,000+ annual turnover. Asset-backed loans require linked bank statements for assessment.
How do repayments work?
Repayments vary by product: weekly/monthly for overdrafts, monthly for equipment financing, and flexible terms up to 26 weeks for trade accounts.
Can I make early repayments?
Yes, all products allow early repayments without penalties. Interest is charged only on amounts used for overdraft and equipment financing.
What documentation is required?
Basic applications need ABN and bank statements. Larger loans require financial statements and ATO portal access for verification.
