Scottish Pacific

Office address: Level 41/25 Martin Pl, Sydney NSW 2000
Website:  www.scotpac.com.au/
Year established: 1988
Company type: financial services
Employees: 280+
Expertise: working capital solutions, business financing, debt consolidation solutions, contract funding, non-bank business lender, equipment, asset, and vehicle purchasing, fund expansion
Parent company: Affinity Equity Partners
CEO and key people: Jon Sutton (CEO), David Rose (CFO), Craig Michie (Group Executive, Client Acquisition), Julia Mayne (Group Executive, Client Relationships), Wade Doblo (Group Executive, Business Lending), Ben Cutler (Chief Customer and Marketing Officer)
Financing status: private equity-backed

Scottish Pacific is a financial solutions company that offers a suite of services designed to fund the growth of small and midsize enterprises. It provides tailored finance options, ranging from asset finance to business lending solutions, and more. ScotPac has given Australian SMEs more than $1 billion in loans.

History of Scottish Pacific

Scottish Pacific was founded in 1988 and serves clients from bases in Melbourne, Adelaide, Auckland, Sydney, Brisbane, Perth, and China. With over 35 years in finance, ScotPac grew to fund $27.3 billion in invoices annually. The company now assists over 8,000 businesses and has more than 280 employees.

Products and Services of Scottish Pacific

Scottish Pacific's product suite is diverse, catering to various financial needs of businesses. Some of their products and services cover:

• invoice finance: offers businesses the opportunity to unlock the cash tied up in unpaid invoices, providing immediate cash flow relief
• equipment finance: enables businesses to fund the purchase of new or pre-owned equipment, helping to improve productivity and facilitate growth
• supply chain finance: tailored to businesses that deal with overseas suppliers, this solution helps manage cash flow by funding the cost of goods, thereby supporting sustained business growth

Culture at Scottish Pacific

Scottish Pacific employees enjoy an environment that supports flexible working arrangements, promoting healthy work-life balance and passion pursuit. The company offers a comprehensive wellness program, inclusive of a yearly health allowance, and emphasises a culture of collaboration and inclusivity. Key benefits include:

• a $299 annual health allowance
• birthday and mental health relief day leave
• paid parental leave
• leave incentive policy
• support for professional development and certifications

ScotPac supports its local community and a variety of charities and fundraising activities. Testimonials from clients highlight the company's focus on responsive service, professional conduct, and a supportive approach to business challenges.

About Scottish Pacific CEO Jon Sutton and Key People

Jon Sutton is Scottish Pacific’s CEO and has extensive expertise in financial services and extensive board experience. Sutton has nearly 30 years of experience, holding senior roles such as CEO and managing director at Bank of Queensland and Bankwest.

Sutton's leadership is supported by a team of key individuals who bring diverse skills and expertise to the company:

• David Rose is Scottish Pacific's CFO, bringing financial leadership and strategic oversight to the team
• Craig Michie leads Client Acquisition, focusing on expanding the company's customer base
• Julia Mayne, as Group Executive, manages Client Relationships, ensuring strong and lasting connections with clients
• Wade Doblo heads Business Lending, driving the provision of tailored lending solutions
• Ben Cutler serves as the Chief Customer and Marketing Officer, enhancing customer experiences and leading marketing strategies

The Future at Scottish Pacific

Scottish Pacific focus on innovative financial solutions and customer-centric service support the financial success of SMEs across Australia. ScotPac's commitment to fostering long-term relationships with clients and partners positions the company for sustained growth and influence.