ScotPac, Australia’s leading non-bank business finance provider, has announced a strategic partnership with Ebury, a global trade and currency solutions specialist. This collaboration aims to assist Australian companies in expanding their operations internationally.
Access to comprehensive financial solutions
Through this partnership, ScotPac and Ebury will combine their expertise to offer Australian businesses comprehensive financial solutions that address the challenges faced when operating on a global scale.
ScotPac, with its strong presence in Australia, will provide working capital solutions such as invoice finance, debtor finance, and trade finance to support exporters and importers. These financial solutions can help bridge the gap between payables and receivables, offering businesses the flexibility and liquidity they need to thrive in dynamic markets.
Meanwhile, Ebury will bring its capabilities in cross-border payments, currency exchange, and risk management to the table. Their expertise will enable businesses to effectively manage their international currency exposures, streamline payment processes, and avoid the impact of currency fluctuations.
Advantages for Australian businesses
The partnership between ScotPac and Ebury presents several advantages for Australian businesses:
- Access to global markets: By leveraging Ebury’s extensive network, businesses can successfully venture into new markets and establish international trade relationships.
- Reduced financial risks: Ebury’s risk management tools enable businesses to protect their bottom line against currency fluctuations and geopolitical uncertainties.
- Simplified international transactions: With Ebury’s cross-border payment solutions, businesses can efficiently process international payments, eliminating complexities and delays.
- Faster cash flow: ScotPac’s working capital solutions offer businesses improved liquidity, ensuring a steady cash flow to support day-to-day operations and growth plans.
Enabling business growth and resilience
According to Jon Sutton, ScotPac CEO, this partnership aligns with their mission to support the growth and success of Australian businesses. “Expanding globally can be complex and challenging. Our collaboration with Ebury aims to simplify this journey by providing businesses with the financial tools and expertise they need to navigate international markets confidently,” said Sutton.
The partnership between ScotPac and Ebury comes at a crucial time when businesses are looking to diversify their operations, mitigate risks, and capitalize on international opportunities.
With this collaboration, Australian businesses across various sectors will have access to a comprehensive suite of financial solutions that will empower their growth, enhance competitiveness, and improve resilience in an ever-evolving global business landscape.
For more information about ScotPac and Ebury’s partnership and how it can benefit your business, please visit https://www.scotpac.com.au/ebury.