What is the difference between Fundtap and ScotPac?

ScotPac is a traditional invoice factoring provider with higher minimum requirements and longer contract terms. Fundtap has no minimums, no lock-in and is fully confidential.

Does ScotPac notify customers?

ScotPac offers both disclosed and confidential options, but their core product is traditional factoring where customers are notified.

Is Fundtap or ScotPac better for small businesses?

For small businesses that want flexibility and confidentiality, Fundtap is typically more suitable. ScotPac suits larger businesses with more established invoice volumes.

Fundtap vs ScotPac

ScotPac is one of Australasia’s largest invoice finance providers. Here’s how they compare to Fundtap for small business invoice finance.

⭐⭐⭐⭐⭐ 4.9 stars · 240+ reviews on Google • 54% average revenue growth for Fundtap customers

Feature	Fundtap	ScotPac
Minimum turnover	None specified (typically $150K+)	Typically $500K+ annually
Confidential	Yes	Varies by product
Selective invoices	Yes	No (full ledger typical)
Contract term	No lock-in	12-month minimum typical
Setup fees	None	May apply
Accounting integration	Xero, MYOB, QuickBooks	Xero
New Zealand & Australia	Both	Both

Which is right for you?

ScotPac is designed for established businesses with substantial and consistent invoice volumes. If you’re a growing SME that wants flexibility, no lock-in and selective invoicing, Fundtap is the better fit.

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Competitor information is based on publicly available data and may change. This page is for general information only and is not financial advice. Contact providers directly to confirm current terms.

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