Scottish Pacific Business Finance

Imagine you are a furniture importer who wholesales to other businesses in New Zealand.

You buy 100 chairs for $2500 and sell them for $5000, BUT you have to wait 55 days before the cash comes in so that you can buy more chairs. No problem, SCOTPAC can give you up to $4000 against the invoice for $5000 within 24 hours, and the balance less our fees on full payment by the debtor.

This enables you to immediately go out and buy 160 more chairs which you can then sell for $8000, and SCOTPAC will be able to advance $6400 within 24 hours, and so the cycle goes on.

Is there any other facility secured by your business assets that can give you such an advantage? This is a very simple example, but debtor finance is just that. Simple! It’s like a line of credit linked to and secured by what you are owed.