Tradeline from ScotPac.
Ready to pay, at home or away
A revolving line of credit with no lock-in contract
No real estate security required
Take advantage of bulk discounts or supplier special offers
What is Tradeline?
ScotPac Tradeline is a revolving line of credit used to pay overseas or local suppliers, with repayment terms so you can take the opportunity to pay for goods once they are sold.
Using this funding solution means your business has the cash flow to increase purchasing power, enabling you to buy more stock and increase sales revenue. You can even use Tradeline to import business assets and equipment from international suppliers.
With no minimum term or contract you have flexible access to funds when needed, for seasonal buying and selling cycles. You can also lower costs by leveraging bulk discounts or special offers from suppliers.
from locally or overseas
existing funding facilities
Bringing in equipment
assets & equipment
Why ScotPac?We believe in relationships, not transactions, and make it our business to know yours. With over 30 years' experience, you can count on us to see the true value of your business.
Why choose Enquire Now
As a flexible and effective Trade Finance solution, Tradeline provides purchasing power for a wide range of businesses, helping you to land stock and grow your business. We use your business assets as security – not the family home.
in multiple currencies
AUS, NZ, & China
For more information about how we can help your business, fill out an enquiry form or call us today.
What is Tradeline?
Tradeline is a revolving line of credit used to pay supplier invoices for imported or domestic goods. We provide you with repayment terms up to 120 days.
What type of goods can ScotPac help with?
Tradeline can be used for raw materials, finished goods and equipment. In fact, so long as the goods are legal, Tradeline can be used for almost anything.
What currencies are available?
We are able to pay suppliers in multiple currencies.
Can ScotPac fund purchases from suppliers in Australia?
Absolutely! Plenty of our customers use Tradeline to fund goods purchased in Australia.
Do I need to pay a deposit?
In most cases we can fund 100% of the cost of goods. Sometimes, we may need ask for a deposit.
Can you fund new start businesses?
For this type of lending, we require businesses to be trading for at least 12 months. For funding available to new businesses, check out our Start up page.
Do you require real estate security?
No, real estate security is not required for Tradeline.
Do the goods have to be pre-sold?
No, Tradeline can be use for raw materials designated for manufacturing or to replenish stock in your warehouse.
When does the term start?
From the date payment is made. You can select 30, 60, 90 or 120 day payment terms.
How do my suppliers get paid?
A range of supplier payment options are available. The most common method is telegraphic transfer however, Letters of Credit and Payment against Documents are available.
When can it help?
Importing goods: Ideal for importing goods for resale and distribution
Existing facilities: Can work to either supplement or complement existing trade facilities.
Bringing in equipment: Assists with the acquisition and import of business assets and equipment. Most Asset financiers will not pay overseas suppliers, so Tradeline gives you the ability to source new or aged equipment, often at a better price.
What's the process?
- Submit your application over the phone. Approval is usually available within 5 business days
- Documents are signed
- Goods shipped to destination; supplier paid
- You pay ScotPac within the agreed period
What are Tradelines good for?
ScotPac Tradeline can fund up to 100% of the cost of goods, either imported from overseas or sourced domestically. As the goods have been funded for you, there is less strain on your cash flow. Repayment terms up to 120 days give you plenty of time to receive the goods and sell.
Not sure if Tradeline is right Learn more
for you? We offer other finance solutions
Call us to discuss how we can
finance your business 1300 505 883