ScotPac, Australia and New Zealand’s largest non-bank SME lender, has officially launched its Line of Credit product in New Zealand as domestic businesses face sustained cash flow pressure and tighter access to traditional finance.
The New Zealand launch, which will be marked by a broker introduction event in Auckland next week, follows a highly successful Australian rollout in 2025 and strong early demand during a local pilot phase.
ScotPac’s Line of Credit will allow eligible New Zealand businesses to draw down funds on demand, helping them manage short-term liquidity gaps without locking into fixed-term debt.
Its key features include:
- Increased funding power – Limits up to $200,000, with eligible businesses able to borrow up to 150% of average monthly sales.
- Fast access to funds – Settlement available within 24 hours of approval.
- Flexible control – Businesses only pay interest on funds drawn.
- Transparent structure – Predictable repayments with no hidden fees.
- Easy to manage – Online access enables real-time management.
Recent national economic data and survey feedback highlights the scale of current challenges facing New Zealand businesses, particularly SMEs:
- Cash flow is the leading concern for NZ SMEs according to recent surveys by Xero and MYOB, with late payments and cost volatility cited as key drivers.
- Average business-to-business payment times in New Zealand regularly exceed 40 days, based on trade payment data from Centrix and Illion.
- Insolvencies and liquidations have risen over the past 12–18 months and remain elevated, particularly among transport, manufacturing, retail and hospitality businesses.
- Higher interest rates and stricter bank credit criteria have reduced access to overdrafts and unsecured lending for many SMEs.
A Practical Funding Tool for NZ Businesses
ScotPac NZ General Manager, Lindsay Fisher said its new Line of Credit is designed to give businesses fast, flexible access to funding that can be drawn down as needed – and only paid for when used.
“When cash flow is under pressure, speed and flexibility matters,” Mr Fisher said. “This product is about giving business owners the breathing room they need, without red tape, hidden costs or unnecessary complexity.
“Whether it’s covering payroll, managing inventory cycles, bridging delayed payments or responding quickly to new opportunities, our Line of Credit will provide New Zealand SMEs with confidence and control,” Mr Fisher said.
Proven Demand Following Australian Launch
Since its August 2025 launch in Australia, ScotPac’s Line of Credit has financed over 300 customers with limits up to $30 million.
Encouraged by this uptake, ScotPac started a Line of Credit pilot phase in New Zealand. Early results indicate similarly strong demand from local SMEs seeking alternatives to rigid loan structures and traditional overdrafts.
“The results since ScotPac’s Line of Credit launch in Australia clearly show how strongly SMEs on both sides of the Tasman value flexibility and control,” Mr Fisher said.
“New Zealand businesses are facing many of the same challenges as those in Australia – delayed payments, rising costs, and limited access to fast funding through traditional channels.”
“The strong early interest tells us this product is meeting a real need among SMEs who want certainty, speed and transparency when managing cash flow.”
Eligible New Zealand businesses can now apply for ScotPac’s Line of Credit at www.scotpac.co.nz.
About ScotPac
ScotPac is New Zealand and Australia’s largest non-bank SME business lender, providing funding to small, medium and large businesses from start-ups to enterprises exceeding $1 billion in revenues. For more than 35 years, ScotPac has helped thousands of business owners succeed, offering fast and flexible funding. From simple to complex, small to large, start-up, growth or turnaround – ScotPac can help with a range of funding including Invoice Finance, Trade Finance, Line of Credit and Business Loans.
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Todd Hayward
M: +61 412 205 151