Powering Ambition: $7.5M Invoice Finance Sparks Growth

A specialist provider of infrastructure, electrical, and mechanical services, delivering major energy and industrial projects across Australia and internationally. As a contracting business operating on relatively low margins and experiencing rapid growth, the business encountered significant working capital pressures – particularly when scaling up to deliver large contracts.

Traditional bank funding, with its strict covenants and slower processes, couldn’t keep pace with the speed and flexibility required to support an ambitious growth trajectory. 

ScotPac provided a $7.5 million invoice finance facility, enabling the business to unlock working capital tied up in receivables. This tailored solution was structured to meet the client’s specific needs, supporting their ability to scale and manage cash flow efficiently.

The facility offered flexibility and rapid access to funds, without the constraints of traditional bank covenants. 

ScotPac’s flexible asset based finance solution unlocked immediate growth for the business, allowing it to double or even triple in size within 12 to 24 months.

By releasing additional working capital – including an extra $1 million through equipment finance – the business was able to reinvest straight away, funding expansion and new opportunities.

This timely support empowered the team to confidently scale and diversify, driving significant business momentum. 

 

The business selected ScotPac for our ability to deliver flexible, covenant-light funding that traditional banks simply couldn’t match – crucial for a low-margin, high-growth contracting business.

Our deep understanding of their needs, willingness to tailor solutions, and speed – providing a term sheet within days – were decisive factors.

The direct, partnership approach and confidential debt structure gave the business the confidence to unlock working capital and pursue ambitious growth.