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The non-bank SME lender has announced the launch of a new partner portal for brokers and advisers.
ScotPac’s partner portal aims to help brokers and advisers via a digital toolbox find suitable solutions for their clients. The portal users can quickly generate quotes, submit and track applications, and manage a range of approvals across client bases.
The key features of the platform include:
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- Instant approval for fast doc asset finance
- Access to a broad range of finance solutions of any non-bank lender
- Simplified quotations through Asset Finance Quick Quote
- Lead conversion via ScotPac’s Working Capital Calculator and Product Selector
- Smart marketing tools
- Social media content
- Registered brokers are able to submit applications and quotes on behalf of their colleagues in the same organisation. Administrators are also able to send emails or set up social media posts for team members.
ScotPac is offering lifetime free access for brokers and advisers who sign up early.
ScotPac executive Craig Michie stated the platform was created in response to a gap in the market for time-saving digital platforms for brokers and advisers.
“Broking has become more sophisticated, competitive and reliant on digital trends in recent years, and the aim of the Partner Portal is to help brokers and advisors achieve more in less time,” Mr Michie said.
“The Portal allows brokers and advisors to quickly navigate loan products and secure fast finance for clients.
“This includes our easy new instant asset finance approvals, which have contributed to a 300 per cent growth in digital applications in the past six months.”
SME Growth Index indicates optimism among SME owners
More than half of Australia’s small- to medium-sized enterprises (SMEs) expected positive growth in October 2022, according to ScotPac’s SME Growth Index.
The index observed a 6 per cent increase in confidence for positive revenue growth with SMEs, coming off the back of COVID-19 travel restrictions easing earlier this year.
Over the last year, the average projected growth rate was 5–6 per cent, an increase of 37 per cent year-on-year.
However, some SMEs did not predict a raise in revenue. One in four SME owners expected revenues to decline by an average of 7 per cent in October. This marked the worst growth forecast in the history of the SME Growth Index.
Revenue growth forecasts from the 700+ businesses surveyed were considerably varied, ranging from an increase of 10 per cent to a decline of 17 per cent, indicating continued uncertainty in some parts of the economy.
[RELATED: SME owners confident in gaining positive revenue: SME Growth Index]
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