The lender said the development would support its position as Australia’s largest small- to medium-sized enterprise (SME) lender and enhance its capacity to deliver financing solutions to business clients.
CEO Jon Sutton said the new facility highlighted the company’s continued focus on expanding its funding capabilities.
“The new warehouse facility with UBS underscores our ongoing commitment to delivering innovative financing solutions to our clients,” Sutton said.
“It also further enhances the scale and diversity of our funding capacity and improves our overall capital efficiency.
“We are delighted to partner with UBS on this facility. It is a milestone that demonstrates the confidence that leading global financial institutions have in the ScotPac business and operating model.”
Springboard to develop new products
According to ScotPac, the warehouse facility will also support greater efficiency in delivering financing solutions to its clients.
The development follows the recent launch of the lender’s new asset-based finance solution for SMEs and mid-tier corporate businesses.
The product operates as a single, revolving working capital facility that can be secured against multiple asset classes, including debtors, inventory, property, plant, and equipment.
ScotPac said the solution is designed to provide eligible businesses with ongoing access to liquidity and greater flexibility compared with traditional bank lending.
Launched in late 2025 following a successful pilot program earlier in the year, the asset-based finance solution has already recorded strong demand and positive outcomes across a range of businesses.
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