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Scottish Pacific Group striving to expand its capital solutions across SME sector

Last updated: 12:13 07 Sep 2018 AEST, First published: 22:13 06 Sep 2018 AEST

Scottish Pacific Group Ltd (ASX:SCO) executive director & CEO Peter Langham speaks to Proactive Investors about the financial services company’s working capital products and upcoming growth milestones.
 
“We’ll continue to grow our loan book, 14% or so, and that will drive the bottom line. We’re adding more products to offer to more people, so we’re now targeting a million SMEs whereas previously we had a very limited target market,” Langham says.
 
He continues, “by adding more products, more offerings, more solutions to these SMEs, these mums and dads, business owners, we’ll find more ways to say yes. What people will see is a continued loan book growth but also more products, adding more customers in new areas, and that’s what we’re striving for this year.”

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