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Why Consolidate Business Debt?

With ScotPac’s range of flexible and innovative finance solutions, you can consolidate the debt your business owes - including ATO debt - into one easy-to-manage facility - giving your business room to breathe and get back to growth.
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Tailored to your business

We work with you to deliver a debt consolidation solution designed to meet your business’s unique needs and goals.
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Simplify your repayments

Combine multiple debts including into a single facility to reduce admin, improve cash flow, and regain control of your finances.
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Break the debt cycle

Replace short-term, high-pressure debt with a longer-term solution that supports your business’s financial stability.

How Business Debt Consolidation Can Help Your Business

ScotPac’s Business Debt solutions help streamline your company’s financial obligations, saving money and improving overall cash flow management.

How it works

ScotPac supports over 9,000 businesses and specialises in finance solutions for small and medium-sized enterprises. Our customisable loans can help consolidate your debt, pay off creditors such as ATO, and streamline both cash flow and day-to-day operations.

The approval process is simple and fast. Just give our team a call and we’ll guide you through the working capital solutions available to help minimise and pay off your debt. Once approved, funds can be provided in as little as 24 hours.

With a tailored solution in place and your debts consolidated, your business can access more working capital and enjoy improved cash flow management.

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Award winning Business Finance

As the largest non-bank lender in Australia, ScotPac brings the best of both worlds: the speed, flexibility and ease of a specialist lender combined with the reliability and knowledge of a major finance provider.

Six gold and white award badges from The Adviser, with one showing "Ranked First 2025" for Debtor Finance Loans and others labeling various broker product categories.
9300
+
Business supported currently
$
26.3
B
Invoices funded annually
+
35
years
of experience

Unsure?
Let us guide you to find the right finance solution
How much do you need?
Unsure?
Let us guide you to find the right finance solution
How much do you need?

Is it for you

Business Debt Consolidation may be the right solution for your business if you need:

Streamlined loan repayments
Combining multiple business loans and credit facilities can ease your admin load and reduce the risk of missed payment deadlines.

Flexible terms
We tailor debt consolidation solutions to your needs – whether you’re managing short-term liabilities or long-term debt.

Simple application process
Our application is quick and straightforward to complete, with minimal documentation required.

Fast approvals
Some applications receive same-day credit decisions and, once approved, funds can be available in as little as 24 hours.

Improved cash flow management
By restructuring your loan terms, you can reduce repayments and free up working capital to better manage your cash flow.

Not sure if Business Debt Consolidation is right for you? Our lending specialists are here to help. Contact us today to explore your options.

Frequently Asked Questions

WHAT EXACTLY IS BUSINESS DEBT CONSOLIDATION?

At ScotPac, we provide the funding needed to help small and medium businesses combine multiple debts into a single loan. With one loan through one provider – such as ScotPac, Australia’s largest non-bank lender – your business can enjoy lower repayments and, in many cases, lower interest rates.

Business debt consolidation allows for improved cash flow management and offers a more sustainable pathway to long-term success.

WHAT TYPES OF DEBT CAN BE CONSOLIDATED?

Our specialists can help you consolidate a range of debt and liabilities into one easy-to-manage loan.

If you’re unsure whether a specific type of debt incurred by your business can be consolidated, reach out to our team today.

CAN I REFINANCE MY ATO DEBT?

Yes, you can refinance your ATO debt with a ScotPac funding solution. Doing so not only helps you regain control of your cash flow – it can also offer a tax advantage. From 1 July 2025, interest charged on outstanding ATO debt is no longer tax deductible. However, interest on a ScotPac facility remains deductible. To explore your options, speak with a ScotPac lending specialist today.

WHY IS DEBT CONSOLIDATION IMPORTANT?

For small and medium-sized businesses, debt consolidation can reduce monthly repayments and lower interest rates, improve cash flow, simplify repayment management, and provide access to additional working capital to fund ongoing business needs.

To find out why business debt consolidation may be right for your business’s needs, speak to a ScotPac lending specialist today.

CAN A CONSOLIDATED LOAN HAVE HIGHER COSTS?

Yes, a new business loan that consolidates your debt can have higher fees or a higher interest rate. Alternatively, it may have extended repayment terms, which could increase the total amount paid over time.

However, with ScotPac, our lending specialists work closely with you to understand your needs and circumstances so we can find the right finance solution to support your growth – not hinder it.

WHO IS ELIGIBLE FOR BUSINESS DEBT CONSOLIDATION?

At ScotPac, we consider your business’s overall financial health – not just your credit history. We work with you to understand the total amount and sources of the debt to be consolidated, then tailor the right solution to meet your needs.

HOW FAST IS THE APPROVAL PROCESS?

ScotPac provides industry leading approval turnarounds and with funding available in as little as 24 hours from approval. 

WHAT DO I NEED TO APPLY?

To streamline your application process, we recommend gathering all the required documentation up front. This includes financial statements, tax returns and a list of your current debts.

If you’re not sure which financial statements or other documentation you need – reach out to our team today and they will be able to advise.

HOW DO I GET STARTED?

Let’s arrange an initial consultation – at no cost and no obligation – with one of our lending specialists. At ScotPac, we view our clients as partners, not transactions – working together to understand your needs and put together a tailored finance solution to consolidate business debt and improve cash flow.