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Non-bank lender announces Xero app launch


A non-bank lender has now completed a new integration on the Xero app marketplace aimed at improving small businesses’ access to funding.

By Tony Zhang12 minute read

Scottish Pacific has now launched ScotPac Cash Connector, an app aimed at assisting businesses with their cash flow by accessing money tied up in unpaid invoices.

Scottish Pacific’s chief customer officer, Ben Cutler, said the app will allow Scottish Pacific to provide better working capital solutions to Xero customers.


“We’d encourage accountants to talk to their SME clients about Cash Connector,” Mr Cutler said.

“In the short term, given difficult market conditions, this is a great way for businesses to access working capital to support recovery from the downturn. In the longer term, Cash Connector can be used to unlock cash flow to help businesses grow.”

Mr Cutler said Cash Connector operates like an overdraft, where the business can access funds as they need them.

He also said that businesses would only pay for funds they use, with no minimum spend requirements, no minimum commitments and no lock-in contracts.

Furthermore, Scottish Pacific stated it can provide flexibility such as if the business only wants to have certain customers’ invoices connected to access funding, they are able to pick and choose.

“Once connected, it’s set and forget, and the business just uses their accounting software package as usual. No property security is required, and funding is in the small business’s hands very quickly, usually within 24 hours,” Mr Cutler said.

Previously, a report conducted by market analysts East & Partners on behalf of Scottish Pacific estimated that each sector had up to $776 billion in outstanding invoices annually which were bogging SMEs down.

Non-bank lender announces Xero app launch
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Tony Zhang

Tony Zhang


Tony Zhang is a journalist at Accountants Daily, which is the leading source of news, strategy and educational content for professionals working in the accounting sector.

Since joining the Momentum Media team in 2020, Tony has written for a range of its publications including Lawyers Weekly, Adviser Innovation, ifa and SMSF Adviser. He has been full-time on Accountants Daily since September 2021.

You can email Tony at This email address is being protected from spambots. You need JavaScript enabled to view it.

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