(20 November 2025 – Australia) SMEs and mid-tier corporate enterprises now have a clear pathway to secure funding free from restrictive bank covenants with the launch of ScotPac’s new Asset Based Lending (ABL) solution.
The introduction of ScotPac’s Asset Based Finance follows a successful pilot program in Q1 2025 which saw strong demand and positive outcomes among a diverse range of businesses and release of a new line of credit product.
Operating as a single, revolving working capital product, ScotPac’s Asset Based Finance can be secured against multiple asset classes including debtors, inventory, property, plant, and equipment.
The global ALF market is estimated to exceed US$6.1 trillion according to KKR and exceeds direct lending by a significant margin, estimated by Barings at US$1.5 trillion.
“The new Asset Based Finance solution significantly enhances its capacity to support the growing cohort of SMEs and emerging corporate businesses that have moved beyond small-ticket lending but remain constrained by traditional bank models” commented ScotPac CEO, Jon Sutton.
“ScotPac’s Asset Based Finance allows strong businesses to leverage their balance sheets to access the funding they need to grow. For example, for a manufacturer needing rapid expansion capital, or a distributor bridging inventory cycles, our Asset Based Finance could quickly transform dormant assets into liquidity.”
“Unlike bank loans that are often burdened by tight covenants, the pathway to liquidity using ScotPac’s Asset Based Finance matches the speed and flexibility commercial clients expect, even when property equity isn’t available,” Mr Sutton added.
East & Partners long running Asset Finance service reveals record high growth forecasts for asset finance volume growth in the next 12 months across ten different asset types. Running since 2006, this service monitors market share, wallet share, mind share, customer satisfaction & demand metrics providing a definitive insight into which asset finance providers are addressing customer needs the most adeptly across individual product types, segments, and asset classes.