Australia and New Zealand’s leading non-bank business lender ScotPac, and global business insurance and risk management specialist Gallagher, have entered a preferred partner agreement to give clients of both businesses easy access to all their finance and insurance needs.

ScotPac and Gallagher each have decades of experience in customising critical business solutions for a full spectrum of Australian SMEs. Both businesses are also backed by sophisticated technology platforms that provide a fast and easy user experience for brokers and SME clients.

As the non-bank lending market has expanded rapidly in recent years, ScotPac has consolidated its leading position with a 400% growth in client numbers and an 80% increase in total lending over the past three years. It is Australia’s largest and longest-established non-bank provider of Invoice Finance for SMEs, as part of a broad range of business cash flow solutions.

Gallagher has a full suite of customisable insurance products for SMEs to ensure customers and businesses are protected, Its national footprint extends to more than 30  branches and 1,100 insurance professionals in both regional and metropolitan areas.

Some of the key benefits that ScotPac and Gallagher clients will enjoy as part of the new preferred partner agreement include:

  • Convenience: Clients of both businesses will have ready access to market-leading business finance and insurance products via a seamless cross-referral partnership facilitated by Business Relationship experts at both ScotPac and Gallagher. This will save SMEs valuable time when searching for complementary professional services.
  • Comprehensive Solutions: SMEs will enjoy an unmatched suite of financial and insurance solutions to match their specific needs, including (but not limited to) business loans ranging from $10,000 up to $4 million, Asset Finance, Public Liability insurance, Professional Indemnity insurance and mobile plant and equipment coverage.
  • Streamlined processes: ScotPac and Gallagher both operate leading tech-backed platforms that deliver fast and easy application and approval processes for SMEs, saving them precious time.
  • Cost benefits: Clients of both businesses may become eligible for preferential premiums or rates and flow-on cost savings.

Comments from ScotPac and Gallagher:

Craig Michie, Group Executive at ScotPac said the preferred partner agreement with Gallagher was a win-win for the businesses and their respective clients.

“ScotPac is delighted to partner with another leader in its field who can provide our clients with a complementary and critical professional service,” Mr Michie said.

“Both of our businesses have specific expertise in working with SMEs directly, and with large broker networks, to give them every chance to succeed.

“We look forward to our clients reaping the benefits this partnership will bring, especially the peace of mind of knowing they have access to all the finance and insurance products and advice they will ever need,” Mr Michie said.

Andrew Whittle, Managing Director, Partnerships and Agency, said partnering with ScotPac would expand the range of services available to its clients.

“Partnering with ScotPac is a natural fit for our business in terms of our national SME reach, our distribution models and our tech-enabled delivery platforms,” says Andrew.

“It is all about providing solutions that will make running a business easier for our SME clients.

“We look forward to working with ScotPac to help our clients make more informed decisions about their business finance, insurance and risk needs,” Andrew said.

For more information contact:

Todd Hayward
Mob: 0412 205 151