Real Deals

SP 30yr NZ Left

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.

Factorone Mine dumpWhy Debtor Finance?

This client is a designer and manufacturer of customised dump truck bodies, buckets and ancillary products used in the mining industry. Their main source of funding was through a syndicate of banks, however, due to the recent downturn in the mining and resource sector, the banks chose to withdraw their financial support, leaving the business in need of a reliable funding facility to help them through an uncertain period.

Why Scottish Pacific?

The client was recommended to Scottish Pacific via one of our introducers. We were able to build a relationship with our client and really understand the nature of their business and its complex business structure. Debtor finance allowed for the flexibility to maximise funding and enable our client to refinance their working capital, so that it suited the business and its goals rather than being constrained by the lending structure of the bank.

To find out more about how Scottish Pacific can help your business, please visit our services page.

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