Debtor Finance with ScotPac.
Turn unpaid sales invoices into cash
Access up to 95% of your total invoice value
No property security required
Facility grows in line with your business
What is Debtor Finance?
Debtor Finance, also known as Invoice Finance, is quite simply a line of credit linked to and secured by your outstanding accounts receivable.
If your business supplies products or services to other businesses on standard trade credit terms, Debtor Finance can help.
There are a number of variations in how the service is delivered, ranging from Confidential Invoice Discounting (for larger, more sophisticated businesses with a dedicated finance department) to the option of full management of accounts receivables (which allows many of our smaller clients to focus on growing their businesses rather than chasing outstanding invoices).
Partner in growth
the facility grows with it.
No property required
there is generally no need for real estate security.
Flexible financing options
sit alongside other business borrowings
(such as overdrafts, term loans, and asset finance).
The positive impact was immediate. Without them we would have to use over half our sales revenue just to pay the monthly excise duty, which would make it impossible to manage cash flow effectively.
The positive impact was immediate. Without them we would have to use over half our sales revenue just to pay the monthly excise duty, which would make it impossible to manage cash flow effectively.
Why ScotPac?
We find a way to say “yes”. We're nimble and inventive with our funding solutions by unlocking the hidden value in your assets.Who can Debtor
Finance help and how does it work?
Apply Now
Debtor Finance with ScotPac provides working capital for a wide variety of businesses. If you issue invoices for delivered goods or completed services to other businesses then we can help.
Some key industries we support:
Staffing
Trade
Storage
Once you’re set up with us, you simply invoice your client directly and upload the invoice to us at the same time. Within 24 hours we’ll pay out up to 95% of the value of approved invoices, less our fees. The remaining 5% becomes available to you when the invoice is paid in full.
WHAT INVOICES CAN BE USED?
- Invoices raised to other businesses on standard trade credit terms can be considered for funding. Invoices to private individuals are not suitable.
- Invoices older than 90 days cannot be funded.
- Invoices must relate to goods delivered and/or services fully completed.
- Progress Claims can also be funded, for more information see our Progress Claims Finance page.
DO WE NEED TO SEND IN ALL INVOICES?
It’s your choice. You can provide all invoices or just a few selected ones.
WILL IT WORK FOR MY BUSINESS?
Whether your business is in manufacturing or wholesale, labour hire or transport, profitable or needing a boost, so long as you raise invoices to clients on credit terms we are likely to be able to help.
Not sure if Debtor Finance is right
for you? We offer other finance solutions
Learn more
Easy to apply
1
Give us a call
Talk to one of our friendlyDebtor Finance specialists
about tailoring a solution for
your business
2
Proposal
We’ll present you with thesolutions to choose from,
based on what you’ve told
us you need
3
Documentation & Settlement
We’ll work with you todot all the i’s and
cross the t’s to finalise
your solution
Get approval within 24 hours
Get started todayCall us to discuss how we can
finance your business 09 309 0701