Get paid before they pay you.

VerityPool advances up to 80% of your unpaid invoices in hours — not weeks. Flat fees. No debt. Built for Australian sole traders.

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The Problem

You did the work. Why wait 60 days?

Australia's 1.4 million sole traders face the same cash-flow crunch — work now, get paid later. Existing options don't fit.

⏳

30–60 Day Payment Terms

You've finished the job but the invoice sits unpaid for weeks. Rent, materials, and rego won't wait.

🏦

Banks Say No

Invoice factoring starts at $500K+ turnover. Overdrafts need property security. Most sole traders don't qualify.

⚠️

Predatory Alternatives

Payday lenders charge 40%+ effective APR with compounding fees. A cash-flow gap shouldn't become a debt spiral.

How It Works

Upload. Get paid. Done.

Three steps from unpaid invoice to cash in your account.

1

Upload Your Invoice

Snap a photo or forward it. Our system reads the details automatically and checks the debtor's ABN.

2

Get Cash in Hours

Receive up to 80% of the invoice value via NPP real-time payment. One flat fee — no interest, no surprises.

3

Client Pays, We Settle

When your client pays the invoice, we settle the balance to you. If they don't pay, that's on us — not you.

Who It's For

Two sides. One platform.

Whether you need cash flow or want to earn returns on short-duration assets.

🔧 For Sole Traders

Tradies, freelancers, consultants, and micro-business operators with ABN.

  • Advance up to 80% of unpaid invoices
  • Cash in your account in hours
  • Flat fee of 3–5% — no compounding, no hidden charges
  • Non-recourse: if your client doesn't pay, you don't owe us
  • No minimum turnover — we start from $500 invoices
  • Link your bank via Open Banking — no paperwork
Apply as a Trader

📈 For Investors

Wholesale investors seeking diversified, short-duration, asset-backed returns.

  • Target returns of 6–9% p.a.
  • Capital diversified across hundreds of micro-invoices
  • Short duration — invoices typically settle in 30 days
  • Every advance is backed by a real, verified invoice
  • Withdraw with 7-day notice period
  • Minimum investment: $5,000
Investor Enquiry

Compliance & Security

Rigorous screening. Every time.

VerityPool applies layered identity, anti-money laundering, and fraud checks to every trader, investor, and invoice on the platform.

🔍

Trader Identity Verification

Every sole trader passes automated checks before their first advance:

  • ABN verification via the Australian Business Register (ABR)
  • Digital ID check — driver's licence or passport matched against a live selfie (DVS-backed)
  • Bank account ownership confirmed via Open Banking (CDR)
  • GST registration status and entity type validation
🛡️

Anti-Money Laundering (AML/CTF)

As an AUSTRAC-registered reporting entity, we comply with Australia's AML/CTF Act:

  • All users screened against PEP and sanctions watchlists
  • Ongoing transaction monitoring for suspicious activity
  • Threshold and suspicious matter reporting to AUSTRAC
  • Customer due diligence (CDD) at onboarding and periodically
📄

Invoice Fraud Prevention

Every invoice is verified before an advance is issued:

  • Debtor ABN lookup via ABR and ASIC — confirmed active, not in liquidation
  • Duplicate invoice detection (hash-based dedup across the platform)
  • Debtor confirmation SMS/email for invoices above $5,000
  • OCR cross-referencing for anomalous patterns (round numbers, sector mismatches)
👤

Investor Screening

Wholesale investors are verified before depositing into the advance pool:

  • Digital ID verification (DVS-backed document + selfie match)
  • AML/CTF screening against sanctions and PEP lists
  • Wholesale investor certification under s761G of the Corporations Act
  • Source of funds declaration for deposits above threshold
📊

Risk-Based Tiering

Exposure limits increase only with demonstrated trust:

  • New traders: $2,000/invoice, $5,000 total exposure
  • Established (3–10 repaid): $5,000/invoice, $15,000 total
  • Trusted (10+ clean): $10,000/invoice, $30,000 total
  • Velocity limits prevent rapid-fire submissions from new accounts
🔒

Data Protection & Privacy

Your data is handled with care under Australian law:

  • Full compliance with the Australian Privacy Act (APPs)
  • Open Banking data accessed via accredited CDR intermediary
  • Bank-grade TLS encryption in transit, AES-256 at rest
  • Data hosted in AWS Sydney (ap-southeast-2) — never leaves Australia
🏛️ AUSTRAC Registered
🔐 Bank-Grade Encryption
🇦🇺 Data Stays in Australia
✅ ABN-Verified Invoices
📋 Non-Recourse Structure

Why Trust VerityPool

Built on transparency.

💰

Flat Fees Only

One transparent fee per invoice. No interest, no compounding, no hidden charges.

🤝

Non-Recourse

If your client doesn't pay the invoice, you don't owe us a cent. We wear the risk.

⚡

Real-Time Payments

Advances via NPP — Australia's instant payment rail. No waiting for batch processing.

🔍

Verified Everything

Every trader, investor, and invoice is screened. ABN-verified, identity-checked, fraud-monitored.

Pricing

Simple. Transparent. No surprises.

One flat fee per invoice. That's it.

Item Cost
Invoice advance fee 3–5% flat (based on risk tier)
Advance rate Up to 80% of invoice value
Minimum invoice $500
Account fee Free
Monthly subscription Free (or $19/mo Premium)
Hidden fees None. Ever.

Premium tier includes priority scoring, higher advance %, and Xero/MYOB bookkeeping export.

FAQ

Common questions.

Nothing — from your side. VerityPool operates on a non-recourse basis, meaning if your debtor defaults on the invoice, you have no obligation to repay the advance. We absorb the loss. That's the whole point.
Most advances are processed within a few hours of submission during business hours. Payments are sent via NPP (New Payments Platform), so the money arrives in your bank account in real time — not the next business day.
No. VerityPool is invoice-photo-first. Just snap a picture of your invoice or forward the PDF. If you do use Xero or MYOB, our Premium tier offers direct export integration for your records.
$500. We built VerityPool specifically for the micro-invoice end of the market that traditional factoring ignores.
You need an active Australian Business Number (ABN). Sole traders, partnerships, and companies are all eligible. Your ABN must be registered for GST.
We run a multi-layer check: OCR extraction of invoice details, ABN lookup on the debtor company (confirming they're active and not in liquidation), duplicate detection across the platform, and for larger invoices ($5K+), direct confirmation with the debtor via SMS or email.
Yes. All data is encrypted in transit (TLS) and at rest (AES-256). Bank data is accessed via an accredited CDR intermediary under Australia's Open Banking framework. Our infrastructure is hosted in AWS's Sydney region — your data never leaves Australia.
Currently, the VerityPool Advance Pool is open to wholesale investors as defined under s761G of the Corporations Act (net assets exceeding $2.5M, or gross income of $250K+ over each of the last two financial years). We plan to open retail access in the future via ASIC's regulatory sandbox.

Ready to stop chasing payments?

Join hundreds of Australian sole traders who get paid on their terms.

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