Media Releases

September 30, 2019 A national survey of more than 1000 businesses shows a two-and-a-half year high in SME revenue sentiment – but there is a marked difference between metropolitan and regional small businesses. The September 2019 SME Growth Index found more than half of all SMEs (54.6%) are expect...

September 25, 2019 Accountants are losing ground when it comes to SMEs nominating their most trusted business advisor, according to a national survey of more than 1000 Australian businesses. The September 2019 SME Growth Index found that only one in 20 business owners named their accountant as the...

September 24, 2019 For the first time Australian SMEs are more likely to use a non-bank ahead of their main bank to fund their 2019 growth plans, according to a national survey of more than 1000 businesses. The September 2019 SME Growth Index, to be launched this week, is conducted by banking anal...

July 12, 2019 It’s never-ending for business owners: if it’s not BAS time, it’s EOFY, then the cycle starts all over again. With the EOFY rush receding, July as the first month of the new financial year is a great time to take stock. Scottish Pacific Business Finance works with thousands of busine...

April 11, 2019 For the first time in the five years and 10 rounds of the Scottish Pacific SME Growth Index, the number of SMEs who turn to their main bank to fund growth has dropped below the 20% mark. The SME Growth Index research released today is conducted independently by banking analysts East...

April, 2019 - 9pm Outlined below are the main Federal Budget initiatives targeted at SMEs, along with whether small to medium business owners really wanted the Government to prioritise that initiative. The data comes from a survey released this week of 1257 Australian SMEs, as part of Scottish Pac...

March 21, 2019 Eight out of 10 business owners say they resent providing property as security to fund their SMEs, and overwhelmingly they would be willing to pay a higher interest rate to get property out of the funding equation, according to national research to be released next week. SME Growth ...

February 21, 2019, 2019 New research shows the SME sector thinks it will be harder to access business funding in the aftermath of the Royal Commission into Banking. One in five SMEs have already experienced Royal Commission-related funding difficulties during 2018. Independent research by East & ...

October 8, 2018 With more than half of Australian SMEs forecasting improved revenue, cash flow and property market issues must be overcome if they are to reach their growth potential. The latest Scottish Pacific SME Growth Index has been released today, with East & Partners providing a national sn...

July 2, 2018 Australasia’s largest independent provider of working capital to SMEs, Scottish Pacific, has welcomed ASBFEO’s Affordable Capital for SME Growth inquiry recommendations. Ombudsman Kate Carnell has released eight recommendations to increase the supply of capital and raise SME business ...

Small to medium business owners are almost as likely to seek an alternative lender as to use a bank to fund their growth in 2018 Three-quarters of SMEs who used alternative lending in 2017 chose debtor finance Growth SMEs are five times more likely than steady or declining SMEs to look for non-ban...

March 15, 2018 Today’s release of the latest Scottish Pacific SME Growth Index, which polls small to medium business leaders across Australia, shows more than half are forecasting positive revenue growth in 2018. This twice-yearly national snapshot of Australia’s small to medium business sector sh...

November 2, 2017 Scottish Pacific has been named the Australia Pacific region’s best business finance provider in the 2017 TFG International Trade Awards announced in London overnight. Trade Finance Global (TFG) annually recognises the best and most innovative trade finance businesses, with judges...

September 21, 2017 The latest Scottish Pacific SME Growth Index, which polls more than 1200 small to medium business leaders across Australia, is out today. It highlights the sector’s revenue expectations and key concerns, and indicates what SMEs, if they were Prime Minister for a Day, would change...

June 15, 2017 National growth business financier Scottish Pacific and payroll specialist Oncore Contractor Payroll Solutions have announced a funding partnership to facilitate Oncore’s growth plans. Oncore’s decision to fund their national business using debtor finance is an example of the innovat...

June 14, 2017 Leading national working capital specialist, Scottish Pacific, has noted increasing requests from subcontractors for funding that will solve their specific cash flow issues. Scottish Pacific discusses four tips to help subbies smooth out cashflow, as they roll out Progress Claim Finan...

March 22, 2017 Australia’s largest specialist provider of SME working capital solutions, Scottish Pacific (ASX:SCO), has been promoted into the S&P/ASX 300 Index. The Index consists of companies selected by Standard & Poor’s (S&P) and the Australian Securities Exchange (ASX), and provides exposure...

Tuesday February 21, 2017By Peter Langham, CEO of Scottish Pacific The increasing need for business funding options beyond the traditional bank overdraft provides a great opportunity for accountants to get closer to their clients by helping them to source the appropriate working capital. The banki...

Queensland small business owner Justin Cavanagh reflects on some of the issues he faced as an SME starting a business in boom times, including the best way to fund sustainable growth “Starting a business in boom times was a low-risk strategy. My wife Kelly and I financed it ourselves, we had the ri...

If millennials never buy their own homes, it’s not just the property sector that would be affected. This scenario would lead to a major transition in how Australia’s small business sector is funded. Wednesday November 2, 2016 SYDNEY A decreasing rate of home ownership will shake up Australia’s lon...

Listing day for the largest independent funder of Australian and New Zealand small and medium sized business sector SYDNEY - Wednesday July 13, 2016  Scottish Pacific Group (ASX:SCO) is pleased to announce it has been admitted to the Official List of the Australian Securities Exchange (ASX) and th...

Tuesday July 5, 2016 - South Australian SMEs will benefit from the announcement today that Australia and New Zealand’s largest specialist funder of small to medium business, Scottish Pacific, is increasing its local presence. Seven new staff have joined Scottish Pacific’s South Australian team, whi...

Scottish Pacific acquires Bibby Financial Services’ Australian and New Zealand business in a deal that increases funding options for SME sector. January 12, 2016 - Scottish Pacific Business Finance today announced that they have acquired the Australian and New Zealand business of Bibby Financial Se...

Global trade finance award acknowledges Scottish Pacific’s excellence in helping SMEs to grow internationally. Scottish Pacific Tradeline has been named ‘Best Trade Finance Provider 2015’ in the annual international Trade Finance Global Excellence Awards The winners were recognised and commended f...

Small businesses may be treating the tax office like a bank - but it's a stop-gap measure, warns national SME funder. Rather than run up ATO or credit card debt, there are smarter solutions for SMEs. MANY small businesses may be using the Australian Taxation Office as a line of credit because they ...

Funding options for Australia and New Zealand’s SMEs broadened today with the announcement that the region’s largest specialist provider of working capital solutions, Scottish Pacific, will now offer selective invoice finance. Scottish Pacific CEO, Mr Peter Langham, said the new funding option for ...

Australia's largest specialist debtor finance provider, Scottish Pacific, has announced a $1.02 billion increase in annual turnover to 31 December 2014. Scottish Pacific Debtor Finance CEO, Peter Langham, said the group recorded 12 month turnover in 2014 of $5.38 billion, up 23.4 percent from the 2...

If SMEs are to grow, it's crucial that they are wooing the right type of customer. Scottish Pacific Debtor Finance works with hundreds of businesses around Australia to help them grow, by providing the necessary working capital facilities, and CEO Peter Langham said they try to encourage their clie...

High taxes and having to deal with multiple taxes topped the list of business growth-inhibitors in a survey of 1,200 Australian SMEs, with 62 percent of respondents citing these issues as a barrier to growth. The survey also found SME owners have significant issues with credit, with 61 percent sayi...

A majority of Australian Small and Medium Sized Enterprises (SMEs) are forecasting a positive change in revenue in the next six months, but say the availability and conditions of credit are key barriers to their business growth. This is one of the key findings of the inaugural Scottish Pacific SME ...

New growth opportunities are emerging for South Australian SMEs as the local economy continues to restructure - but with growth comes risks around managing cashflow. Debtor finance is an increasingly popular funding option for SMEs. A local example is Adelaide-based Ultra Violet Products (UVP), who...

Scottish Pacific has appointed leading national debtor finance executive Greg Charlwood as General Manager of its specialist cash flow solutions business, FactorONE. FactorONE was established in March 2011, initially in Queensland, to provide fast cash flow assistance to smaller businesses and SMEs...

Scottish Pacific expands into South Australia to service growth SMEs Scottish Pacific Debtor Finance, Australia's leading specialist provider of working capital solutions, has appointed Greg Hardiman as Business Development Manager for South Australia/Northern Territory. Mr Hardiman will provide S...

Scottish Pacific has been named "best cash flow lender" in leading industry publication The Adviser's first non-bank lending awards. The Adviser's Non-Bank Lending Awards 2014 were based on votes and feedback from finance brokers around Australia, for excellence in key areas such as customer servic...

National working capital solutions specialist, Scottish Pacific, has been dealing with enquiries from SMEs looking to fund growth after the post-Christmas lull - or in some cases, looking for funds to meet their BAS commitments while they wait for outstanding invoices to be paid. With small busines...

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 figure...

Scottish Pacific Debtor Finance is proud to be a major sponsor of the 2nd Sydney2CAMberra charity ride.  The concept for the Sydney 2 CAMberra Charity Ride was created after a young Sydney couple from Cronulla lost their son Cameron through stillbirth. The tragic event heavily impacted their lives ...

Scottish Pacific announces new Trade Finance option for Australian importers The days of importers needing hefty upfront payments before goods can be imported are gone. Australia’s largest independent provider of cash flow and trade finance, Scottish Pacific Debtor Finance, today announced the laun...