Quick answer
Removalists and moving companies can borrow $20,000 to $50,000 secured on property, with no formal valuation and no cash flow evidence. It covers trucks, fuel, wages, insurance and storage ahead of peak season, and funding can follow in as little as 24 hours once approved.
Key points
- Loans of $20,000 to $50,000 secured on property.
- Trucks, fuel, wages and insurance covered before peak season.
- No bank statements or cash flow evidence.
- Funding in as little as 24 hours once approved.
- Typical use
- Truck costs, fuel, wages, insurance
- Security
- Property equity
- Loan size
- $20,000 to $50,000
- Speed
- As little as 24 hours once approved
Removalists work in waves. Weekends, month ends, school holidays and the summer rush produce the big days, and everything in between is quieter. The costs, though, are steady: trucks, fuel, tolls, insurance, storage and wages for a crew that needs to be paid on Friday whether or not the diary was full that week. A moving company can be the busiest in the street and still have a tight week.
The removalist’s cash cycle
Vehicles and fuel. Trucks are expensive to buy, service and insure, and fuel and tolls are paid each day.
Crew wages. Experienced movers are in demand, and casuals in peak weeks add to the weekly bill.
Peak and trough. Income arrives in bursts around month-ends and holidays, while costs are spread across the year.
Storage and insurance. Warehouse rent, goods in transit and public liability insurance cost money whether or not the trucks are full.
Commercial and relocation clients. Corporate relocation and real estate agent accounts often pay on thirty to sixty days.
A cash flow lender sees an uneven pattern and declines. A secured lender looks at the property.
What a removalist’s loan can cover
- A truck repair, service or a replacement tyre set.
- Wages for a crew through a quiet fortnight or a busy extra shift.
- Moving blankets, trolleys, straps and packing materials.
- A deposit on a second truck or a used van.
- Storage rent or a warehouse top-up.
- Insurance, licences and driver compliance costs.
- A BAS or PAYG bill.
How the loan works
Loans run from $20,000 to $50,000 backed by property, capped at 80% for residential and 70% for commercial once debts are deducted. No valuation is ordered first and no cash flow records are needed, so funding can land in as little as 24 hours after approval. Our page on vehicle-secured business loans explains how a company vehicle owned outright can be used.
A worked example
A removalist with two trucks is about to enter the end-of-year peak. A truck gearbox repair is $9,500, extra casuals for three weeks cost $12,000 and moving equipment is $3,500. A corporate client pays sixty days after the move. The owner has a home worth around $740,000 with $360,000 owing. A $30,000 facility secured by property meets the repair, the casual crew and the equipment, and paying interest ahead for up to three months means repayments start after the corporate invoice is paid. Please read the example as an illustration rather than an offer.
Tips for steadier removalist cash flow
- Take a deposit when a job is booked.
- Offer a clear cancellation policy and stick to it.
- Quote a minimum charge so a short job does not lose money.
- Invoice commercial clients the day the job finishes.
- Track GST and PAYG owing in a simple weekly line on your ledger.
Repayments
Up front, you can cover as much as three months of interest. Weekly payments pick up from there. Most removalists repay from the next busy weeks. Find the detail in prepaid interest and weekly repayments, and make sure you understand the cost of repaying early.
Insurance and compliance
Goods in transit insurance, public liability and workers’ compensation are essential in this trade, and a claim without cover can sink a business. Keep policies current and make sure the limits match the value of what you move. Driver licensing, fatigue rules and vehicle inspections matter too. A short loan can smooth the weeks when several renewals fall together.
Costs removalists forget
Truck registration, tyres, tolls, fines, damage claims and the cost of casual wages in peak weeks all add up. Equipment such as ramps, trolleys and straps wears out. A weekly reserve helps, and a short loan fills the gaps that remain.
Before you borrow
Check how full your trucks are across the year, not just in peak weeks. If a second truck is only busy for six weeks, hiring in peak may be cheaper than buying. Look at which jobs pay best per hour, including travel and unpacking time, and quote accordingly. Ask real estate agents and corporate clients about payment terms and whether a deposit at booking is acceptable. A loan can cover a repair or a peak crew, but the best protection is a pricing structure that covers fuel, tolls and wages on a bad week.
Apply
Finish the application form with the amount, the estimated value of the property, what is owing, your state, monthly cash flow and the business name, and a person calls back. We assess every application, and nothing on this page should be read as an offer.
Frequently asked questions
Can a removalist borrow without cash flow records?
Yes. The loan is secured on property, so we do not ask for bank statements or proof of cash flow.
Can the loan cover a truck repair?
Yes. A truck out of action for a week in peak season is costly, and a fast loan can get it back on the road.
What about seasonal peaks?
End of month, end of financial year and summer are the busiest. Wages, fuel and casuals are paid before the money comes in.
Can I borrow to add a second truck?
A loan of up to $50,000 can fund a deposit or a smaller used truck. Larger purchases may need a different structure.
Can a company truck be used as security?
A company vehicle owned outright with nothing owing can secure up to 50% of its sale value.