BUSINESS FINANCE / BUY OR REFINANCE HOMES FOR BUSINESS OWNERS
Invest in your business by unlocking your home's equity
ScotPac offers business owners assistance in unlocking the equity in their home so they can invest in their business and access customised finance solutions to buy or refinance a house
Find finance for your home the right way
ScotPac doesn’t just provide a wide range of tailored finance solutions for businesses. We also help business owners leverage the equity in their homes, enabling them to invest in their business. Enjoy access to our expert decision makers who are experienced in all aspects of finance solutions and home finance.
You home is likely one of the largest assets you’ll own, so ensuring that the right financial solution is in place is vital. Our team will work closely with you to understand your financial position and goals, providing custom advice that can work for you.
To find out more, speak to the ScotPac team today. We operate out of numerous cities across Australia, with an executive management team boasting over 35 years of business finance experience.
Our Solutions
Business Loans
Fast, flexible and personalised Home Loans and Business Loans for Business Owners
- FAST SET UP – CONDITIONAL APPROVAL IN AS LITTLE AS 48 HOURS
- FLEXIBILITY ON DOCUMENTATION REQUIREMENTS
- USE YOUR RESIDENTIAL SECURITY FOR FUTURE BUSINESS BORROWING
Invoice Finance
Our Invoice Finance solution allows you to access the cash in your unpaid invoices
- LINE OF CREDIT WITH NO NEED FOR PROPERTY SECURITY
- UNLOCK THE VALUE IN YOUR INVOICES
- FACILITIES FROM $10K TO $150M
Asset Finance
Asset Finance helps by financing new and pre-owned equipment.
- FUNDING AVAILABLE IN AS LITTLE AS 24 HOURS
- FUND NEW AND PRE-OWNED ASSETS
- FUNDING FOR IMPORTED EQUIPMENT
Trade Finance
Trade Finance provides a cash flow injection to help manage the import or export of goods
- PAY OVERSEAS AND DOMESTIC SUPPLIERS
- INCREASE STOCK LEVELS AND EXTEND PAYMENT TERMS
- SELL TO OVERSEAS CUSTOMERS
The positive impact was immediate. Without them we would have to use over half our sales revenue just to pay the monthly excise duty, which would make it impossible to manage cash flow effectively.
The positive impact was immediate. Without them we would have to use over half our sales revenue just to pay the monthly excise duty, which would make it impossible to manage cash flow effectively.
We help a range of different industries reach their full potential
Why ScotPac?
Who does it suit?
Enquire NowBusiness owners looking to secure fast and flexible finance using their property as collateral or to purchase or refinance a home.
Whether you are looking to borrow a lump sum with repayments over a term or a credit facility you can use as and when you need it, we have a range of options to help.
- Refinance your current home loan
- Purchasing a new home
- Finance growth or investment
- Smooth out cash flow
- Cover unplanned investment or expenses
You must be an Australian business owner or self-employed individual who has held an ABN for at least 12 months.
For more information about how we can help your business, fill out an enquiry form or call us today.
What Is Property Secured Finance?
Property secured finance is funding that uses residential property as collateral. Because of the property security, you may be able to access competitive interest rates and longer terms compared to other types of funding. A secured finance facility can be a cost-effective way to raise capital and fund growth
How Do Property Secured Business Loans Work?
Apply for a property secured business loan in three simple steps:
Submit your application and supporting documents. Our team of lending specialists can help you prepare everything you need.
Next, we’ll assess the value of your home and any debts already secured on the property. We’ll calculate how much you can afford to repay and determine the loan amount.
We’ll make a loan offer based on the assessment. Once you accept the offer, we can set up the facility quickly, and you will receive funding.
What Can Property Secured Business Finance Be Used For?
You can use a property secured business loan to support your SME in a number of situations. We offer flexible finance solutions that put you in control of how to use the funding.
Boost cash flow with affordable finance, cover unplanned bills or raise capital for a management buyout. You can also refinance your existing home or fund the purchase of a new residential property.
How Much Can I Borrow?
Apply for secured funding of between $20K and $4M, with a loan-to-value ratio (LVR) of up to 80%. Get the financing you need to cover cash flow gaps, fund your long-term business goals, or purchase or refinance a residential property.
How Soon Can I Get Funding?
We can provide conditional approval much faster than traditional banks. You’ll be able to secure funding quickly if you have your financial documents ready. Contact our team of property secured business loan experts to find out what you need to prepare and start your application.
What are the repayment terms?
You have the choice of repayment frequency – weekly, fortnightly or monthly.
There are options of principal and interest or interest only for up to 5 years.
What terms are available?
Terms are available up to 30 years. (5 years interest free reverting to principal and interest thereafter)
Can I make extra repayments?
Yes, you can make extra repayments on your property secured business loan or home loan.
What Are the Alternatives to Property Secured Business Finance?
Property secured business finance isn’t the only option for SMEs. We offer a range of loan products that can be combined with a property secured loan or used as standalone funding solutions. Contact our team of Business Finance experts to find out how we can help you with a tailored funding solution.