New product offers flexible funding and streamlined access for business owners
Non-bank business lender ScotPac has launched a new line of credit designed to provide small and medium enterprises (SMEs) with on-demand access to funds, charging interest only on amounts drawn.
The product launch follows recent findings indicating that nearly 60% of Australian SMEs intend to make business investments within the next six months. ScotPac said its facility is positioned to offer straightforward funding and improved cash flow management for business owners.
The line of credit offers businesses limits between $50,000 and $500,000, with eligible applicants able to borrow up to 150% of their average monthly sales. Approved funds can be accessed within 24 hours, and customers are charged only for the funds they use. The facility features weekly repayments, no hidden charges, and can be managed online.
“Every business faces cash flow demands,” said Jon Sutton (pictured top), chief executive officer at ScotPac. “That’s why we’ve introduced a line of credit that puts business owners firmly in control of their cash flow.
“This product aims to empower business owners with access to fast, transparent finance when they need it most. SMEs can move at their own pace, safe in the knowledge they will only pay for the funds they use.
“Whether it’s covering payroll, purchasing stock, paying down debt, or seizing a growth opportunity, ScotPac’s Line of Credit puts the funds that businesses need within easy reach.”
A new way to drive your business forward has arrived!
— ScotPac Business Finance (@ScotPacBF) September 10, 2025
ScotPac’s new Line of Credit gives Aussie SMEs fast, flexible access to $50k–$500k with settlements in 24hrs. Use what you need, pay only for what you use.
Learn more 👉 https://t.co/JviLkw9ILt #SMEs #SMEfinance #news
Sutton added that the line of credit is intended to provide a practical and accessible solution for businesses, without the constraints often associated with traditional lending. He noted that the application and management process has been simplified.
“We know the last thing business owners want is more red tape or complexity,” he said. “The good news for business owners is that this product delivers flexibility without complexity. Clients can manage everything through a simple-to-use online portal that allows them to view a statement or request a redraw with just a few clicks.”
To be eligible, businesses must be owned by an Australian citizen or permanent resident aged 18 or over, have operated for at least 12 months, generate a minimum monthly turnover of $50,000, and provide six months of business bank statements, photo identification, and privacy consent.
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