Media Releases

SP 30yr AUS

Update: The Australian and New Zealand operations of Bibby Financial Services were acquired by Scottish Pacific Business Finance in late 2015 to create Australia’s largest non-bank invoice finance specialist. Welcome to our website.

AUSTRALIA'S leading specialist provider of working capital solutions, Scottish Pacific, has reported a 26% increase in turnover from 2012 to 2013, against industry figures indicating a flat debtor finance market. National industry body, the Debtor and Invoice Finance Association, has released figures indicating that the sector's turnover for the year to December was A$63.25 billion, compared with a turnover of $63.29 billion in 2012.

Scottish Pacific CEO, Mr Peter Langham, said Scottish Pacific was growing strongly, with the business doubling its share of whole-of-industry turnover from 3.61% in 2010 to 7.22% in 2013.

"In 2013 we increased our turnover from 2012 by 26% in a flat market, and in the same period we have increased our client numbers by 10%," Mr Langham said.

"We are growing our market share - in fact 17% of all Australian businesses using debtor finance are with Scottish Pacific.”

Scottish Pacific has plans to expand the business further, both organically and through the introduction of new products and partnerships, in Australia, New Zealand and overseas.

Mr Langham said Scottish Pacific continues to play a significant role in funding Australian SMEs, providing a range of working capital solutions.

Scottish Pacific has been operating in Australia and New Zealand for more than 25 years and provides facilities to enterprises from start up to $200m turnover.

For more information or to interview CEO Peter Langham, contact:
Kathryn Britt
Cicero Communications
Tel: 0414 661 616

About Scottish Pacific

Scottish Pacific Debtor Finance Pty Ltd provides working capital solutions to SMEs, offering the broadest range of facilities in Australasia. Established in 1988, Scottish Pacific has full operations centres in Sydney, Melbourne, Perth, Brisbane, Auckland and China.

< Back to Media Releases

 

ENJOYING OUR CONTENT?

Subscribe to receive relevant articles and news to help you manage and grow your business.

First Name(*)
Please let us know your name.

Last Name(*)
Invalid Input

Email Address(*)
Please let us know your email address.

Invalid Input