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.

Scottish sitting prettyWhy Import Finance?

This importer of contemporary furniture had previously relied on Trade Finance facilities from a bank. However, the requirement for real property security, which they were unable to provide, restricted their ability to obtain increased funding. Having to pay overseas suppliers requiring a 30% upfront deposit, plus the balance prior to shipment was placing significant pressure on cashflow. The new trade finance facility provided Letters of Credit, greatly improving cashflow.

Why Scottish Pacific?

The import finance facility offered by Scottish Pacific was far more flexible than bank offers. The ability to access increased funding without having to attach real estate as collateral was a real boon to the client. The friendly, prompt service provided by our sales and operations staff made it an easy decision to work with Scottish Pacific.

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

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