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 miningWhy Debtor Finance?

Having experienced significant growth over a number of years, using their own cash flow, this labour hire and maintenance business required a funding solution to provide them with certainty that they would be able to finance further projected growth.  Their financial advisers recommended Debtor Finance as the most appropriate vehicle, on the basis that the line of credit available would increase with the turnover and that the security required would be limited to the debtors.

Why Scottish Pacific?

The business initially looked to their bankers, but in the absence of a debtor finance offering, and after looking over the indicative terms provided by the independents, their advisors recommended Scottish Pacific. The key differential was flexibility. Scottish Pacific came up with two different funding options and left both on the table whilst the business and its advisors decided which way to go.

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

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