SCOTPAC - Scottish Pacific Business Finance - Invoice Financing | Factoring

Welcome to a better and faster cash flow

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, to improve your business, family time and health.

GST Bill PAID | PAYE PAID | Wages PAID | Suppliers PAID

A simple example of how Factoring Finance works. (Example figures only)

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 YOUR BUSINESS	$97,200
Total cost to your Business	$2,800

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.

*Admin fee is determined by the service we provide, the number of active customers you have, your annual turnover and the expected time it takes to collect the debt in.

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