Zip Business Trade Plus is a safe, simple line of credit, offering you the ability to buy now and pay later for all your business needs. Zip Business Trade Plus currently offers credit limits between $3,000 and $150,000 interest free.
How does it work?
Apply once and we’ll give you a decision within 24 hours during business hours. If approved, you can use your account immediately to purchase wherever you see Zip at checkout.
For each transaction on your account, we pay the retailer, service provider, invoice or BPAY biller on your behalf straight away. You then simply pay us back over time at a frequency to suit your business.
How can I manage my repayments?
We know simplicity is important, so our product is designed to allow for one payment for all your purchases at the end of the month.
At the start of the month, we will send you a statement. You have the option to pay off this statement balance in full at the end of the month or split the payments into 4 equal installments over the next 4 months for a fee.
You also have the option to pay off your entire balance at any point throughout the month and avoid any fees.
What are the fees?
Your Zip Business Trade Plus account has a repayment fee of 3% if you choose to pay your statement balance off in instalments.
However, if you pay off your statement balance prior to the end of the month, your account will remain fee-free.
Furthermore, you have the flexibility to pay off specific orders on your account. You may choose to pay off one order early and extend the others in installments over 4 months. In these situations, you will only pay the 3% repayment fee on orders you have extended.
How do I use my account?
You can use your account wherever you see Zip online or in-store.
Simply select Zip at checkout, or when paying invoices or BPAY billers. Sign in to your account to confirm your purchase and it will be added to your balance. You can add as many purchases as you like to your account (up to your account limit), then simply choose how much to pay back each month.