Perth's construction boom, major infrastructure projects, FIFO housing and regional builds are driving demand for tradies across Western Australia. Whether you're an electrician, plumber, builder or concreter, OverdraftMe connects you with fast, flexible business overdrafts to bridge the gap between progress claims and subcontractor payments. Up to $500K, no tax returns.
Construction and trades in WA face constant cash flow pressure. You're buying materials upfront, paying subbies and covering wages - all while waiting 30-60 days for progress claims to clear. A business overdraft gives you the working capital to keep jobs moving and take on new work without stretching your cash flow thin.
Cover upfront material costs for residential builds, commercial fitouts and infrastructure projects across Perth and regional WA.
Pay your subbies on time even when progress claims are still outstanding. Protect your reputation and keep your crew loyal.
6 months of business bank statements, your ABN and a driver's licence. No tax returns, no BAS, no accountant letters required.
Decisions as fast as 1 hour. Funds in your account the same day in many cases. No waiting weeks for bank approval.
Borrow up to $150K without putting your home on the line. Property security only required above that threshold.
We compare across our full panel of 50+ lenders to find the best rate and structure for your trade or construction business.
| Minimum trading time | 6 months |
|---|---|
| Minimum monthly revenue | $6,000/month |
| ABN required | Yes |
| Minimum Equifax score | 550+ |
| Tax returns required | No (under $150K) |
| Property security | Not required under $150K |
| Maximum amount | $500,000 |
| Decision speed | From 1 hour |
Use our calculator. Enter your monthly revenue and how much you need. No credit check at this stage.
Our brokers compare across 50+ lenders and come back to you with the best available option for your trade business.
Once approved, draw on your overdraft as needed. Cover materials, wages and subcontractor payments. Only pay interest on what you use.
Yes - tradies and construction businesses in WA are eligible for business overdrafts provided you have been trading for at least 6 months, have a minimum $6,000/month in revenue, hold a valid ABN and have an Equifax score of 550+. No tax returns are required for amounts under $150K.
Up to $500,000 depending on your monthly revenue and trading history. As a guide, most lenders will consider up to 1.5x your monthly revenue. Use our borrowing calculator for an instant estimate.
Electricians, plumbers, builders, concreters, bricklayers, painters, roofers, tilers, carpenters, landscapers, plasterers - all trade and construction sub-sectors are eligible.
Decisions can come as fast as 1 hour from submission. Funds can be in your account the same day in many cases - ideal when you need to purchase materials or cover subcontractor payments between progress claims.
Yes. OverdraftMe is a credit representative of Lend & Loan Pty Ltd (ACL 511092), an MFAA Member and AFCA Member. We are fully licensed to provide credit assistance to tradies and construction businesses across Western Australia.
Everything SME owners need to know about business overdrafts. Free to download - no spam.
Download free guide →Free broker service · No tax returns · Decisions from 1 hour · Up to $500K · ACL 511092
Get a free quote - 60 seconds →