ScotPac Business Finance

#Welcome2ScotPac to this fast moving, leading supplier of custom fabricated structural steel, based out of NSW.  The business required additional working capital to help manage supply chain risks as well as take on larger projects and expand into new markets. Thanks to the great work done by our team in combining Invoice Finance and Trade Finance facilities, the business is now able to maintain adequate stock and reduce shipping and transportation costs through bulk ordering. The boost in working capital also allowed them to diversify its customer base.  Our ability to provide sufficient cashflow facilities without overbearing restrictions or covenants made us their funder of choice.  Zeke Gomes will provide ongoing support as our client continues to grow.  #newclient #SMEfinance #workingcapital

𝗧𝗵𝗼𝘂𝘀𝗮𝗻𝗱𝘀 𝗼𝗳 𝗦𝗠𝗘𝘀 𝗙𝗮𝗰𝗲 𝗥𝗶𝘀𝗶𝗻𝗴 𝗜𝗻𝘀𝗼𝗹𝘃𝗲𝗻𝗰𝘆 𝗥𝗶𝘀𝗸𝘀  Our latest SME Growth Index Report reveals a concerning trend: one in four SMEs could face insolvency if they lose a key client or supplier. Business insolvencies have surged by 39% in FY2024, driven by rising costs and increasing ATO debt collection activity. Despite the challenges, there is hope. ScotPac CEO Jon Sutton highlights that SMEs who seek professional financial guidance and plan for disruptions can build cash flow resilience and navigate these uncertain times. Discover how businesses can protect themselves and access the right support to thrive. Read the full media release below: https://bit.ly/3VKyiKx #mediarelease #insights #SMEs

We were thrilled to sponsor the Cash Flow Finance Broker of the Year award at the recent Commercial Finance Awards hosted by The Adviser Magazine. A big congratulations to Daran Thomson from Nero Financial for taking out the award and we wish you continued success! #CommercialFinanceAwards2024 #winner #broker

Last week our Queensland team had the pleasure of hosting a number of our valued clients and introducers at the wonderful The Calile Hotel Brisbane. Our guests enjoyed a number of delicious canapes and refreshments and were entertained by roaming magician Mike Tyler who kept everyone mesmerised with his incredible tricks. Thank you to everyone who attended the event and made it an enjoyable day! #CalileHotel #networking #brokers #clients

Please join us in welcoming the newest member of the ScotPac Business Lending team – Abrar Alam who joins us as Lending Manager. Abrar brings with him great experience having worked for Bellingham Wallace Ltd as a Business Advisory Services Accountant. He holds a Batchelor of Commerce from Auckland University of Technology with a major in Accounting and his expertise includes financial analytics, portfolio management and advisory services. Abrar’s skills are not just limited to finance having played professional cricket in Bangladesh, competing alongside both established and emerging international players. Welcome to the team Abrar, we hope you have a long and fulfilling career at ScotPac and we are glad to have you on board! #welcometotheteam #careers #peopleofScotPac

𝗠𝗶𝘀𝘀𝗲𝗱 𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸’𝘀 𝗪𝗲𝗯𝗶𝗻𝗮𝗿? 𝗪𝗮𝘁𝗰𝗵 𝗜𝘁 𝗡𝗼𝘄! If you couldn’t join us at the Women's Commercial Finance Forum (WCFF) webinar last week, don’t worry—you can still catch up on all the valuable insights! Our very own, Business Development Manager Magdalen Cirson, shared expert advice on:  👉 Invoice Finance – Unlock working capital quickly and flexibly.  👉 Trade Finance – Seamless solutions for domestic and international procurement.  👉 Tailored Funding Solutions – Case studies that demonstrate real-world impact. Whether you're a broker, partner, or business owner, this session is packed with actionable strategies to scale and support businesses with ease. Click below to watch the full webinar: https://lnkd.in/gq4br9-C #insights #webinar #businessfinance

𝗦𝗠𝗘𝘀 𝗔𝗿𝗲 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗔𝘄𝗮𝘆 𝗳𝗿𝗼𝗺 𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗟𝗲𝗻𝗱𝗶𝗻𝗴! In our latest SME Growth Index report, we reveal how 54% of SMEs now favour non-bank lenders for new investments, up from 47% last year. Meanwhile, reliance on traditional banks continues to drop as SMEs seek faster, more flexible financing solutions. With 60% of SMEs planning to invest in the next six months, the demand for tailored finance options has never been greater. Discover why SME financing is evolving and how non-bank lending is shaping the future of business growth. Read the full media release below for all the insights: https://bit.ly/4grlpwz #SMEGI #mediarelease #insights #SMEfinance

Last week our NSW team got together to celebrate another year of remarkable achievements, growth and teamwork. A big thank you to our amazing team for their dedication and hard work in ensuring our clients and partners are given every chance of success, and for making it a fun filled day! #celebration #teamwork #peopleofScotPac

𝐒𝐜𝐨𝐭𝐏𝐚𝐜 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐒𝐭𝐨𝐫𝐲 | Empowering Business Growth In this ScotPac success story, Business Development Manager Rhys Kinowski shares how we helped a client facing major challenges in managing growth and meeting payment terms. By replacing their restrictive bank overdraft with a flexible Invoice Finance facility and Trade Finance solution, we unlocked their cash flow potential. This allowed the business to better manage their working capital, expand their customer base, and secure early payment discounts. Our client now has the financial freedom to grow their business. Discover how our innovative solutions can help your business thrive. Watch the full story in our video below! #ScotPacSuccessStory #Brokers #SMEfinance #SMEs

#Welcome2ScotPac to this transportation business based in Western Australia, providing services to the mining and logistics industries.  As the business experienced rapid growth, their long payment terms from debtors began to impact their cash flow which was affecting their operations. They required a working capital solution in order to keep the business growing. Thanks to the great work done by Dean Bennett in tailoring an Invoice Finance facility, our client was not only able to pay wages on time, but their improved cash flow meant they could also maintain their ATO obligations.  Our dedication to understanding the needs of the business and provide a cost-effective solution made us their funder of choice. Natasha Bennett will provide ongoing support as our client continues to grow. #newclient #SMEfinance #workingcapital