ScotPac ProdTerm Loan
Whether you need a quick cash boost to cover cash flow gaps or are ready to invest in growth, our business loans are designed to help small and medium-sized businesses achieve their business goals.
At a glance
- Fixed
- 0.00%
- Loan size
- $10,000 to $500,000
Rates
The one rate ScotPac Prod publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedThere are no hidden fees and interest rates / charges for our business loans. We offer a low, up front flat fee and drawdown fee structure that is paid off with your weekly repayments. | P&I | 3 yrs fixed | - | 0.00% | - | - |
Fees
3 fees published, grouped by when they're charged.
When you take it out2
- Drawdown / Establishment Fee
The Drawdown Fee, sometimes referred to as the 'Establishment' fee, is calculated as a percentage of the original loan advance. Discounts of up to 1% may apply to higher loan advance amounts and are… Discounted Drawdown Fee
3.00% of transaction - Facility Fee
There are no hidden fees or charges with Term Loan. Our simple flat facility fee and drawdown fee structure are built into your repayments. The Facility Fee starts from 12%* *The facility fee is expr…
12.00% of transaction
If a payment is late or fails1
- Dishonour or Missed Payment Fee
All repayments are schedule by direct debit. A fee will be charged upon the dishonour or non-payment of any scheduled direct debit request.
$25
Features
- Simple Fee structure: There are no hidden fees and interest rates / charges for our Term Loan. We have no application fees or account keeping fees. We offer a low, up front flat fee and drawdown fee…
Eligibility and limits
- Available to businesses
- Amount $10,000 to $500,000
- Security requirements vary based on loan size and risk profile. For funding over $100,000 an applicant must, at minimum, own property. For funding over $300,000, property security will be required.
- Required Documents: When you submit your application through our easy to use online portal, you will need to provide: Six months of business bank statements, a completed application including privacy…
- ScotPac's Boost Loans have a minimum term of 6 months. There is no penalty for early payouts.
- ScotPac's loan terms are generally between 6-36 months. However, each application is considered on a case-by-case basis, depending on your industry, cash flow and needs. Maximum term of 24 months for…
- Security requirements vary based on loan size and risk profile.
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Published by ScotPac Business Finance under the Consumer Data Right, last changed by them on 20 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.