Transform business finance so it’s easily accessible for the underserved SME and Mid-cap market and accelerate the deployment of capital into the market from a new private equity owner.
Put the customer experience at the heart of the process and expand credit distribution without increasing risk by digitising the entire process, automating repeatable tasks and increasing products offered.
ScotPac went live with the Trade Ledger partnership in 2018 and has completely digitise the front door to every channel and product, with supercharged and secure digital processes that don’t hold business owners back when they are looking for funding.
This is especially significant to SMEs who can now quickly access multiple products (including our debtor (invoice) finance, asset finance and trade finance), to solve their most bespoke or complex funding problems. The value of speed and consistency ScotPac can offer is massive for business owners, and for their broker and accountant partners.
The ScotPac solution makes use of the following two platform modules:
These modules are further enhanced with a seamless integration into ScotPac’s core CRM platform, Microsoft Dynamics365, to support a deeper customer level of understanding and engagement, and drive process and administrative efficiency.
Trade Ledger's technology and business data insight, paired with business finance experts like ScotPac, is accelerating and transforming business finance – focusing in particular on the SME and mid-market lending experience, unlocking economic growth with better lending products.”
Trade Ledger’s platform goes beyond Open Banking. Our ability to match a lender’s customers with the right services and bring new propositions to market quickly is key to our relationship with ScotPac and transforms how business finance can be accessed:
ScotPac can handle complex requests to get deals done, and really partner with clients, rather than just make algorithm-based digital decisions about whether or not to fund them.
We’ve written 300% more business this year in our Asset Finance sector with no new staff required"