Why a Business Loan?
Fast funding
Apply for $10,000 to $500,000 in funding - with approved loans paid out in as little as 24 hours.
Flexible loan terms
Choose from secured or unsecured options, with repayment plans tailored to your business needs.
Simple application process
Apply online in minutes with minimal paperwork - and receive a fast credit decision.How a Business Loan Can Help Your Business
For businesses in Adelaide, a tailored Business Loan can provide the cash flow needed to cover operational costs, navigate seasonal or market fluctuations, and seize growth opportunities.
How Business Loans Work
ScotPac removes the complexity often associated with traditional bank lending. Our simple online application is quick to complete – with only minimal documentation required.
Once submitted, our lending specialists review your application and provide a fast credit decision – sometimes within 24 hours. If approved, funds can be available within one business day.
Apply today for your Business Loan in Adelaide.
Award winning Business Loans in Adelaide
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.
We help businesses in any industry reach their goals.
Is a Business Loan right for you?
If you’re unsure whether a ScotPac Business Loan is the right fit for your Adelaide business, consider the following eligibility criteria:
Business Location
Your business must have operated from the same Adelaide-based address for at least 12 months, with a consistent sales record.
Business Ownership
The business owner/applicant must be an Australian citizen or permanent resident, and at least 18 years old.
Minimum Turnover
To be eligible, your business must generate at least $10,000 in total monthly sales.
Required Documentation
Our process is simple, but you’ll still need to provide 6 months of business bank statements and photo ID for all directors/borrowers.
Loan Amount
ScotPac’s Business Loans are available for amounts between $10,000 and $500,000 – up to 150% of your average monthly sales.
Our lending specialists can help determine whether a Business Loan or another finance solution is right for your needs.
Contact the ScotPac Adelaide office today for a consultation.
Frequently Asked Questions
HOW QUICKLY CAN I GET A BUSINESS LOAN?
ScotPac’s online application takes just 5 minutes to complete. Some applications may receive same-day credit approval. Once approved, funds can be available within 24 hours.
WHAT CAN A BUSINESS LOAN BE USED FOR?
Business Loans can be used for a wide range of expenses – including managing cash flow, purchasing assets or inventory, covering payroll, funding contracts, or expanding into new markets.
IS MY BUSINESS ELIGIBLE FOR A BUSINESS LOAN?
Your business may be eligible if it has operated for at least 12 months in the same location, has an average monthly turnover of $10,000 or more, and is owned by an Australian citizen or permanent resident over the age of 18.
CAN I REFINANCE AN EXISTING BUSINESS LOAN?
Yes. Our Business Loans can be used to refinance existing loans on more favourable terms, tailored to suit your needs.
CAN I APPLY FOR A BUSINESS LOAN FOR A NEW COMPANY OR START-UP?
If your business has been trading for at least 12 months in one location and earns at least $10,000 in monthly sales, you may be eligible.
WHAT INDUSTRIES DO YOU PROVIDE LOANS FOR?
ScotPac provides Business Loans in Adelaide across all industries – including professional services, manufacturing, transport, hospitality, retail and more.
HOW MUCH MONEY CAN BE BORROWED?
Loan amounts range from $10,000 to $500,000. Borrowing capacity is generally up to 150% of your average monthly sales.
WHAT DO I NEED TO SUBMIT IN MY APPLICATION?
Our streamlined application requires minimal documentation. To apply, have the following ready:
- Six months’ worth of business bank statements
- Photo identification for all directors and borrowers of the business
- A completed application form (available through our website here)
WHAT INTEREST RATE DOES SCOTPAC OFFER?
Interest rates depend on several factors – including market conditions (e.g. the cash rate), your loan amount and your business’s risk profile.
Speak to our team for a personalised assessment.
WHAT ADDITIONAL FEES ARE THERE?
We’re transparent about fees – no hidden charges like account keeping. Your monthly repayments include the principal, interest, and any flat facility and drawdown fees – all explained and agreed upon in advance.
ARE THERE PENALTIES FOR EARLY LOAN PAYOUT?
No. With ScotPac’s Business Loan, you can repay your loan early without incurring any fees or penalties.
DO I NEED A GOOD CREDIT SCORE TO APPLY FOR A BUSINESS LOAN?
Not necessarily. We assess the overall financial health of your business – not just your credit score. If you’re unsure about your eligibility, speak with our Adelaide team for a personalised consultation.
WHAT IS THE LOAN TERM FOR BUSINESS LOAN WITH SCOTPAC?
Loan terms range from 6 to 36 months. Each loan is tailored to your goals, needs and eligibility.
HOW DO I MANAGE MY BUSINESS LOAN?
You can manage your loan easily through our secure online customer portal. Free monthly statements are also available through the portal.
WHAT HAPPENS IF A REPAYMENT IS MISSED?
Missed repayments may incur a late fee and affect your credit profile.
HOW DO I GET STARTED APPLYING FOR A BUSINESS LOAN IN ADELAIDE?
Start your quick and simple online application here. For assistance, call our lending specialists on 1300 660 681.