Welcome.
Do you want more certainty with your business cash position, less administration hassles, and an option to outsource your credit control function?
Then find out how SCOTPAC can help take the stress out of your business and improve your family time and health.
Here is a simple example of how Factoring Finance works.
| Your monthly invoices sent to SCOTPAC |
$100,000 |
| You get up to 80% funding available within 24hrs |
$80,000 |
| Your balance on collection in say 60 days |
$20,000 |
| Less interest on the $80,000 for 60 days |
-$2,100 |
| Less Admin fee on $100,000 |
-$700 |
| Further funds available |
$17,200 |
| Total available to client |
$97,200 |
| Total cost to client |
$2,800 |
| *Example figures only |
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Compare to the cost of a 5% discount for prompt payment. That’s $5000 against $2800, plus SCOTPAC will
assist in collecting money in and you get your money within 24hrs.
Offering a discount for prompt payment means you still
wait until 20th of following month to get any money.
*Click for options and info _ _ _ _ _ _ Send me an Information Pack |
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