Scotpac news and trends

Business Lender Uses Tech to Reduce ‘Time to Yes’ by 90%
B2B Payments // September 10, 2021

When a local transport business recently applied for debtor finance funding through ScotPac, Australia and New Zealand’s largest non-bank lender to small and midsized businesses (SMBs), the typical time for approval could take up to several weeks.  But in this case, ScotPac said, it only took 30 minutes as it was...

B2B Payments Today: Next-Day Delivery Requires Streamlined Logistics; Laiye and KPMG Team on Intelligent Automation 
B2B Payments // September 07, 2021

Today in B2B payments, BankiFi brings in $3 million to help small- to medium-sized businesses (SMBs), and the increased demand for next-day delivery has retailers overhauling their logistics. Plus, Trade Ledger and ScotPac partner on fast-tracked SMB loan approvals, and Laiye and KPMG China partner...

Trade Ledger, ScotPac Team to Fast-Track SMB Loan Approvals
B2B Payments // September 06, 2021

FinTech Trade Ledger is partnering with small- to medium-sized business (SMB) lender ScotPac to accelerate loan application turnaround times, according to a press release. ScotPac will use Trade Ledger’s technology to give bankers more ways to submit documents, track applications and receive approvals faster, the...