Business Finance to fit your business needs
Fuel long-term growth whilst maintaining cash flow.
Fast, flexible and personalised Home Loans and Business Loans for Business Owners
- FAST SET UP – CONDITIONAL APPROVAL IN AS LITTLE AS 48 HOURS
- FLEXIBILITY ON DOCUMENTATION REQUIREMENTS
- USE YOUR RESIDENTIAL SECURITY FOR FUTURE BUSINESS BORROWING
Our Invoice Finance solution allows you to access the cash in your unpaid invoices
- LINE OF CREDIT WITH NO NEED FOR PROPERTY SECURITY
- UNLOCK THE VALUE IN YOUR INVOICES
- FACILITIES FROM $10K TO $150M
Asset Finance helps by financing new and pre-owned equipment.
- FUNDING AVAILABLE IN AS LITTLE AS 24 HOURS
- FUND NEW AND PRE-OWNED ASSETS
- FUNDING FOR IMPORTED EQUIPMENT
Trade Finance provides a cash flow injection to help manage the import or export of goods
- PAY OVERSEAS AND DOMESTIC SUPPLIERS
- INCREASE STOCK LEVELS AND EXTEND PAYMENT TERMS
- SELL TO OVERSEAS CUSTOMERS
What are our customers saying about us?
For us, the real advantage of invoice finance is that we can offer longer payment terms to customers thanks to ScotPac.
ScotPac make the effort to understand us and really partner with us. Its a lot more flexible than dealing with banks.
ScotPac have assisted a number of our clients in time critical situations and are highly experienced cash flow lenders.
We think of ScotPac more than just a Financial Services provider, they care enough to know our business and as such we are more like partners
It’s growth funding that gets us the best from our working capital, which covers materials, wages and other costs while we wait to be paid for our goods.
We find a way to say “yes”. We’re nimble and inventive with our funding solutions by unlocking the hidden value in your assets.
Frequently Asked Questions
WHY DO BUSINESSES NEED FINANCE?
Access to finance is vital at every stage of the business journey. Both start ups and established enterprises can benefit from business finance. Whether you need a cash injection to smooth over cash flow gaps or access to funding to fuel expansion plans, a business finance facility is integral to sustainable business growth.
WHAT ARE THE DIFFERENT TYPES OF BUSINESS FINANCE?
Business finance solutions typically fall into two categories; equity finance and debt finance. In simple terms, debt finance involves funding that the business repays plus interest at a later date. Equity finance is the exchange of shares or part-ownership of the company in exchange to raise capital.
Debt financing is a broad category that covers a wide range of business finance solutions, including:
- Invoice finance
- Equipment finance
- Trade finance
- Supply chain finance
- Traditional lenders/business loans
This category of business finance does not require the transfer of ownership or shares in exchange for finance. Funding is provided to the business and is later repaid plus interest.
This type of finance can be more challenging to access, and typically involves giving up equity in the business in exchange for funding.
- Self-funding/personal savings
- Venture capital
- Angel investors
- Family and friends
Equity finance can be more complicated than debtor finance, impacting operational decision making and the overall control of your business.
CAN I GET FINANCING FOR A SMALL BUSINESS?
Yes. Many small business owners are unaware of how straightforward the application process for business finance can be. While a business loan from a traditional lender can take months to arrange, a business finance solution from ScotPac can be approved and you can have funding in place in as little as 24 hours.
IS IT POSSIBLE TO GET BUSINESS FUNDING WITH BAD CREDIT?
A low credit score may impact your ability to secure funding from a traditional lender or bank. Due to strict lending criteria, you may be denied financing as the bank views your business as too much of a risk. Traditional lenders usually also require that use your personal property as collateral for funding.
Here at ScotPac, we believe that every business deserves the opportunity to grow. We’re focused on the future growth of your business rather than your personal credit history. If you’ve been rejected for a traditional business loan, speak to one of our friendly advisors about your business finance options.