Refinance Guide
How to Refinance ScotPac Facilities
ScotPac is Australia's largest non-bank business lender, offering comprehensive solutions including invoice finance, trade finance, and business loans. We arrange ScotPac facilities for clients who need their flexibility and specialised debtor finance capabilities. Their multi-product approach suits complex businesses. As your business strengthens, bank alternatives may offer additional savings.
About ScotPac
ScotPac provides comprehensive business finance including invoice factoring, trade finance, asset finance, and term loans. We recommend ScotPac for clients who have outgrown bank appetite or need specialised debtor finance facilities. Their flexibility and multi-product platform delivers real value. When your debtor book strengthens, bank invoice finance may offer improved pricing.
Typical Rates
12% to 25% p.a. for loans; invoice finance 2-4% per invoice
Typical Terms
Varies by product — invoice finance ongoing, loans 1-5 years
Things to Consider with ScotPac
- Invoice finance fees can accumulate to high effective rates
- Complex fee structures across multiple products
- May include facility fees, service fees, and transaction costs
- Bank alternatives may offer simpler, cheaper structures
- Notification factoring can impact customer relationships
Your Refinance Options
Bank Invoice Finance
Major banks offer debtor finance at lower rates with confidential (non-notification) options that preserve customer relationships.
Bank Term Loan
If you've outgrown the need for invoice finance, a bank term loan at 7-12% p.a. provides simpler, cheaper funding.
Trade Finance Alternatives
Bank trade finance facilities and letters of credit often offer better pricing for import/export businesses.
Asset Finance Refinance
Equipment facilities can be refinanced to dedicated asset finance lenders at competitive rates.
Considering Your ScotPac Options?
Whether you need additional capital or want to explore refinancing, we can help. Get a free assessment of your options.
How to Refinance ScotPac
Review your ScotPac facility terms and any exit provisions
Obtain current statement of account and payout figures
We assess your debtor book quality and business financials
Identify suitable bank or alternative debtor finance providers
Transition facilities with appropriate notice periods
Move to improved rate structure
Frequently Asked Questions
Other Lender Refinance Guides
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