Tool Hire Trade Accounts Explained: How They Work and What You Save

Two tradesmen reviewing a hire account on a tablet at a London depot beside a dehumidifier, wacker plate, pressure washer and cement mixer

Tool Hire Trade Accounts Explained: How They Work and What You Save — a plain guide for London builders, contractors and property teams weighing up a trade account.

Hireload delivers equipment across London from our Greenford / UB6 operating area. View full London delivery areas.

Quick answer: A tool hire trade account lets your business hire on trade rates and pay on a monthly invoice instead of paying upfront every time. With Hireload a trade account is free to open, gives 15% off every hire, 30 days to pay, priority delivery and one monthly invoice — so you are not paying out on every single order.

What Is a Tool Hire Trade Account?

A trade account is a business hire account with a supplier. Instead of paying card-upfront for every order, your company is set up on agreed trade rates and billed on account — typically one invoice a month covering everything you hired. For anyone hiring regularly for work, it removes the friction of paying out on every single order.

It’s the difference between a one-off retail hire and a working relationship: agreed rates, a direct line to the hire desk, and terms that fit how a site actually runs.

How 30-Day Invoicing Works

On a Hireload trade account you hire what you need across the month, and we send one invoice with 30-day terms. Your cash stays on the job rather than going out the door every time a machine arrives. For a contractor juggling several sites, that’s simpler bookkeeping (one monthly invoice instead of a pile of card receipts) and healthier cash flow — the money you’d have paid up front on each hire stays available for materials, labour and the next job.

What You Actually Save

The headline benefit is 15% off every hire, applied automatically once your account is open. Here’s what that looks like across a range of monthly hire spends:

Monthly hire spendYou save (15%)Over a year
£600£90£1,080
£1,500£225£2,700
£2,600£390£4,680

Example based on 15% off hire rates; delivery and the refundable deposit are excluded. Your rate is confirmed when your account opens.

Pro tip: the saving compounds with how often you hire. If hire is a regular line on your jobs, a trade account usually pays for itself on the first order — and it costs nothing to open.

Who a Trade Account Is For

A Hireload trade account is built for businesses that hire for work, not one-off domestic users:

  • Builders and contractors running multiple sites who need kit like compactors and site tools on tap, on account.
  • Property maintenance and facilities teams handling reactive jobs across a portfolio.
  • Letting agents and landlords turning round properties between tenancies.
  • Housing, damp and restoration firms who need drying equipment fast — for example, social landlords working to Awaab’s Law damp deadlines, where speed of response is now a legal requirement.

How to Open One

Opening a Hireload trade account takes about two minutes and there’s no upfront credit paperwork to apply. You give us your company details and the kind of work you do, and we set the account up. Apply on our trade account page — or call the hire desk on 020 3375 4048 and we’ll do it over the phone.

What you get on day one

Trade pricing from your first order, 30-day invoicing, priority and same-day delivery across London, one direct line to the hire desk, and CHAS-verified supply — on one monthly invoice instead of paying order by order.

What a trade account is worth on real hire rates

15% off is easier to judge against actual numbers. On the machines trade customers hire most often, ex-VAT:

MachineStandard week rateWith trade account
38L commercial dehumidifier£59.99£50.99
Petrol pressure washer 2,450 PSI£119.99£101.99
400mm plate compactor£59.99£50.99
Petrol cement mixer£109.99£93.49

Rates are ex-VAT and match each product page; the trade column is the 15% account discount applied to the hire charge. Delivery and the refundable deposit sit outside the discount.

Frequently Asked Questions

Does a tool hire trade account cost anything?
No. A Hireload trade account is free to open and free to hold. You only pay for what you hire, at your trade rate.
How much do you save with a trade account?
15% off every hire. On £600 a month of hire that’s £90 a month, or £1,080 a year; on £2,600 a month it’s £390 a month. Delivery and the refundable deposit are excluded.
Do I need to pay a deposit on a trade account?
Yes — a refundable deposit applies to the equipment on a trade account just as it does on any hire, and it comes back in full when the kit returns undamaged. What the account changes is the hire charge: 30 days to pay on one monthly invoice, instead of paying out order by order.
Who can open a trade account?
Any London business that hires for work — builders and contractors, property maintenance and FM teams, letting agents and landlords, and housing, damp and restoration firms.

Open a Trade Account in Two Minutes

15% off every hire, 30 days to pay, one monthly invoice. Free to open — apply online or call 020 3375 4048.

Open Your Trade Account

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