Pouring Growth into Liquor &Tobacco with $750k Invoice Finance

Lando Group, an Australian-based liquor wholesaler, faced a significant cash flow challenge after importing $2 million worth of tequila stock. Due to Australian excise laws, they were required to pay excise duties upfront before distributing their product, but lacked the immediate funds to do so.  

 

ScotPac provided a $750,000 invoice finance facility, enabling the client to unlock working capital tied up in stock. This solution allowed the business to pay excise duties upfront and distribute product to market without waiting for customer payments, ensuring smooth cash flow and uninterrupted operations.  

ScotPac’s timely debtor finance solution enabled Lando Group to unlock the value of their $2 million tequila stock, providing the cash flow needed to pay excise and distribute product to market.

With rapid access to working capital, the business is now positioned to accelerate growth and expand its presence in Australia, all without compromising on flexibility or speed. 

 

 

Lando Group chose ScotPac on the recommendation of their broker, seeking a partner who could provide both the scale and flexibility needed to support their Australian launch. 

ScotPac’s tailored debtor facility enabled them to unlock cash flow and pay excise on $2 million of stock, combining the reliability of a major lender with the speed and personal service of a specialist.

This collaborative approach ensured a seamless solution for both client and broker.