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ScotPac Line of Credit

Line of credit up to $500K, sized up to 150% of average monthly sales, with a 2-year redraw period and 2 further years to repay.

Cashflow LoansWorking Capital FinanceBusiness Loans
Source dated 23 Sept 2026
Amount
Up to $500K
Term
Up to 4 yrs
Rate
Rate available on application
Security
Not published
Enquire about this product

Product details

As published by ScotPac. Details not published by the lender are marked.

Loan amount
Up to $500K
Rate
Rate available on application
Term
Up to 4 yrs
Structure
Line of credit
Fees
Establishment fee 3% for limits of $50K to $200K; 2% for limits above $200K · Monthly administration fee of $85
Early repayment
No early payout penalties
Time trading
12+ months trading
Turnover
$50K+ monthly sales
Documents
6 months business bank statements, application form, photo ID for all directors and borrowers, and collateral documents if relevant
Funding time
Funds in as little as 24 hours; same-day funding may be available
Restrictions
Limit up to 150% of average monthly sales; redraw for up to 2 years. Applicants must be 18+ and an Australian citizen or permanent resident
How to apply
Direct with the lender, or through us
Not published by ScotPac
rate type, security, repayment frequency, guarantees
Suitable purposes
Cash flowGrowth

About Line of Credit

ScotPac publishes these details for Line of Credit: structure line of credit; loan amount up to $500K; term up to 4 yrs; time trading 12+ months trading; turnover $50K+ monthly sales; documentation 6 months business bank statements, application form, photo ID for all directors and borrowers, and collateral documents if relevant. Not published by ScotPac for this product: security, maximum LVR, guarantees. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other ScotPac products

  • Asset Based Finance (Corporate): Structure is line of credit here and other for Asset Based Finance (Corporate); loan amount is up to $500K here and up to $50M for Asset Based Finance (Corporate); ScotPac publishes term (up to 4 yrs) for this product but not for Asset Based Finance (Corporate); security is published for Asset Based Finance (Corporate) (asset-backed) but not for this product.
  • Asset Finance: Structure is line of credit here and chattel mortgage for Asset Finance; ScotPac publishes loan amount (up to $500K) for this product but not for Asset Finance; term is up to 4 yrs here and 2 yrs to 5 yrs for Asset Finance; security is published for Asset Finance (asset-backed) but not for this product.
  • Boost Business Loan: Structure is line of credit here and term loan for Boost Business Loan; loan amount is up to $500K here and $10K to $500K for Boost Business Loan; term is up to 4 yrs here and 6 mths to 3 yrs for Boost Business Loan; security is published for Boost Business Loan (varies) but not for this product.
  • Invoice Finance (Invoice Factoring / Invoice Discounting): Structure is line of credit here and invoice finance facility for Invoice Finance (Invoice Factoring / Invoice Discounting); loan amount is up to $500K here and up to $200M for Invoice Finance (Invoice Factoring / Invoice Discounting); ScotPac publishes term (up to 4 yrs) for this product but not for Invoice Finance (Invoice Factoring / Invoice Discounting); security is published for Invoice Finance (Invoice Factoring / Invoice Discounting) (asset-backed) but not for this product.

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Details for ScotPac Invoice Finance (Invoice Factoring / Invoice Discounting)

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