ScotPac has acquired online lender Business Fuel, broadening its lending capabilities and allowing it to offer online business lending for the first time.
Australasia’s largest specialist SME lender ScotPac has appointed Chris Leeds as General Manager of the business in Victoria and Tasmania.
ScotPac’s initiative serves a large, underserviced part of the market: business owners who struggle to get appropriate finance.
ScotPac’s latest SME Growth Index recorded a significant decline in the number of business owners who have to ‘go it alone’.
ScotPac and Trade Ledger have joined forces to create a market-leading origination and underwriting experience for business funding.