Brokers vote Scottish Pacific "Best Cash Flow Lender"
Announcement posted by Cicero Communications 31 Mar 2014
The Adviser’s Non-Bank Lending Awards 2014 were based on votes and feedback from brokers around Australia, for excellence in key areas such as customer service, credit assessment and business development support.
Scottish Pacific CEO, Mr Peter Langham, said the award was an endorsement of the whole Scottish Pacific team’s commitment to working very closely with brokers throughout Australia to meet mutual clients' needs.
"We're delighted to receive this accolade. Brokers are a key source of new business opportunities for us and we always recognise that they have a choice when looking for cash flow solutions for their clients," Mr Langham said.
The award comes as Scottish Pacific has reported a 26.5% increase in turnover from 2012 to 2013, against industry figures indicating a flat debtor finance market.
"17% of all Australian businesses using debtor finance are with Scottish Pacific. We are seeing debtor finance playing a significant and growing role in funding Australian SMEs, providing a range of solutions including debtor finance, trade finance and supply chain finance," Mr Langham said.
The Adviser publisher Mr Jim Hall said non-banks have been a major contributor to the strength and value proposition of mortgage brokers over the years.
"Originally injecting a genuine alternative to the majors by competing fiercely on price, the non-banks today not only offer competitive pricing but deliver service, speed and innovative products that go hand in hand with the broker proposition," Mr Hall said.
Perth broker Bruce Williamson, CEO of Westminster National, has organised funding for clients through Scottish Pacific for many years.
"They run a very efficient, proactive service. Scottish Pacific definitely respect a broker's role and position with our clients and facilitate the best deals with their specialist product, while understanding that the primary relationship is between broker and client," Mr Williamson said.
Scottish Pacific has been operating in Australia and New Zealand for more than 25 years and provides a range of working capital facilities to enterprises from start up to $200m turnover.
About Scottish Pacific - Scottish Pacific Debtor Finance Pty Ltd provides working capital solutions to SMEs, offering the broadest range of trade and debtor finance solutions in Australasia. Established in 1988, Scottish Pacific has full operations centres in Sydney, Melbourne, Perth, Brisbane, Auckland and China.
www.debtorfinance.com.au
Follow Scottish Pacific on Twitter - @ScottishPacific
Follow Scottish Pacific on LinkedIn - Scottish Pacific Debtor Finance
For more information contact:
Kathryn Britt Cicero Communications Tel: 0414 661 616