Real Deals

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.

Scottish From Static to StrengthWhy Debtor Finance?

This telecommunications maintenance business was growing steadily, with large orders from several key players in the industry. The business was funded by a combination of business loans and an overdraft facility tied to the value of its directors’ properties. The overdraft limit was proving inadequate and this was starting to have an adverse impact on future plans for growth / development. The opportunity to refinance bank facilities and release personal assets from securing business borrowings was very attractive to the client. The organisation now has the working capital necessary to pay wages, sustain growth into the future and keep up with payments to suppliers.

Why Scottish Pacific?

The business found the facility offered by Scottish Pacific to be a more attractive option than competitor offerings. Fast approval turnaround, IP Rate offered and a recommendation from the firm’s accountants were key factors to establishing a facility with Scottish Pacific Debtor Finance.

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

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