Toolstation launches new trade credit accounts

Toolstation has introduced a new trade credit account – as almost half of tradespeople admit being worried about the impact of the pandemic.

Its research also found one in five were concerned about cash flow difficulties.

The new Trade Credit account offered added support with more efficient financial management, up to 60 days’ interest free credit, flexible credit limits and fully online account management, Toolstation said.

January also sees the launch of the new Toolstation catalogue, offering a range of tools across products including up to £100 off DeWalt Power Tools, up to £80 off Swann security equipment and up to £30 off Kärcher cleaning supplies, it added.

Toolstation has also taken steps to introduce wi-fi in stores and improve payment terminals.

James Mackenzie, MD of Toolstation, added: “We are committed to providing our customers with the tools they need to get the job done, but more than that, improving their overall experience. Introducing the Trade Credit account, requested by so many of our customers, will provide added support and convenience, particularly as some may face increased challenges in January. Launching at the same time as our latest catalogue ensures our customers can continue to benefit from the tools they need at great value as they work hard to keep homes and businesses safe, warm, dry and secure in the New Year.”

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