Types of Businesses We Support and Eligibility Criteria

Types of Businesses We Support

We work with various business structures across industries. The following business entity types are eligible for our services:

• Sole Traders: Individual operators managing their own businesses.
• Partnerships: Two or more individuals or entities conducting business together.
• Companies: Legally registered entities with limited or unlimited liability.
• Trusts: Entities operating with assets managed by trustees for beneficiaries.

If your business falls into one of these categories, you may be eligible to use Cloudfloat to manage your cash flow more effectively.



Eligibility Criteria

To maintain service quality and ensure compliance, businesses must meet the following criteria:

1. GST Registration

• Your business must be registered for GST for at least 6 continuous months.
• For Sole Traders/Individuals, the business must have been registered for GST for a minimum of 12 continuous months.

2. Active Business Identity (for Sole Traders/Individuals)

• An active business name is required.
• The business must have a functional, up-to-date website to verify its operational status.

3. Documentation & Compliance

• Businesses must provide valid and verifiable documentation upon request.
• Information should align with the Australian Business Register (ABR) or other official databases, depending on the jurisdiction.



Why Do These Criteria Matter?

We’ve implemented these requirements to ensure the integrity and reliability of our services. By supporting established businesses with a proven operational history, we can better assist with your cash flow needs while maintaining a secure financial environment.

If you have questions or need clarification on whether your business qualifies, feel free to contact our support team. We’re here to help!