Scottish Pacific named ‘Best Trade Finance Provider’
(14 December 2015 – Australia) Australian business finance provider, Scottish Pacific, has been awarded ‘Best Trade Finance Provider 2015’ in the annual Trade Finance Excellence awards.
Trade Finance Global’s editor James Sinclair said Scottish Pacific is a leader and pioneer in trade finance services globally, not just in Australia and New Zealand.
“The judging panel were particularly impressed by Scottish Pacific’s excellent staff and customer services and dedication to help aspiring SMEs grow with innovative finance solutions,” Mr Sinclair said.
CEO Peter Langham said: “It's wonderful to be recognised internationally for our work in trade finance. Increasingly, businesses are looking to capitalise on import and export market opportunities and what drives Scottish Pacific Tradeline is helping these businesses find the best ways to fund their market expansion.
“We have developed a range of working capital solutions for importers and exporters including Tradeline, Import Finance and Export Finance.
“Most recently we became the first non-bank to be approved by Efic, the Australian Federal Government's export credit agency. Efic supports Australia's export industry by guaranteeing commercial finance facilities taken out by Australian companies exporting or operating in the export supply chains.”
Head of Trade Finance at Scottish Pacific, Craig Michie, added: “For our clients, speed to market and ease of doing business are key drivers. We are testing new technology to speed up our approval and transaction processing times and we will continue to find new ways to generate stand-alone working capital facilities that can operate without any impact on current banking operations.”
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