Scottish Pacific is the largest specialist provider of debtor finance (including invoice discounting and factoring) and has now expanded its market reach through new divisions, FactorONE and Trade
Finance. They have operating centres across Australia and New Zealand, an office and staff in China to handle trade finance, have over 130 staff, 900 clients and handle over $4billion of sales each year. Transaction size ranges from $50,000 to $25m.
In late in 2005, Benchmark was acquired by a private joint venture and in September 2007 the shareholders acquired the factoring business of Scottish Pacific, then owned by St George Bank. At
this point, the head office moved from Perth to Sydney. The now merged Scottish Pacific Benchmark was sold in May 2010 to Lazard Private Equity and dropped the Benchmark name. In July 2013, Lazard sold Scottish Pacific to Next Capital for circa