Our Q2 Lending Metrics: Performance and insights
Our Q2 Lending Metrics: Performance and insights
Jul 11, 2024
Lent to businesses across 40 locations in the UK with a significant increase in demand from Northern Ireland.
Paid suppliers 200 cities across 21 countries: Austria, China, Finland, Germany, Hong Kong, India, Ireland, Lithuania, Malaysia, Netherlands, Poland, Romania, Singapore, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Thailand, UK and the US.
Pleased to have provided an extra 87,780 days of cashflow across our customer base by deferring payments to their suppliers.
We continue to see significant demand from construction services as they are forced to accept longer payment terms from their customers creating cashflow issues.
The average duration of our lending increased as businesses increasingly require longer-term funding.
Our facility was used to finance items ranging from HMRC VAT bills, packaging materials for a chocolate factory, textiles from India, a motorcycle fleet, payroll for construction staff, last mile delivery costs and second-hand vehicles.
Lent to businesses across 40 locations in the UK with a significant increase in demand from Northern Ireland.
Paid suppliers 200 cities across 21 countries: Austria, China, Finland, Germany, Hong Kong, India, Ireland, Lithuania, Malaysia, Netherlands, Poland, Romania, Singapore, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Thailand, UK and the US.
Pleased to have provided an extra 87,780 days of cashflow across our customer base by deferring payments to their suppliers.
We continue to see significant demand from construction services as they are forced to accept longer payment terms from their customers creating cashflow issues.
The average duration of our lending increased as businesses increasingly require longer-term funding.
Our facility was used to finance items ranging from HMRC VAT bills, packaging materials for a chocolate factory, textiles from India, a motorcycle fleet, payroll for construction staff, last mile delivery costs and second-hand vehicles.
© 2024 Lenkie technologies. All rights reserved.
© 2024 Lenkie technologies. All rights reserved.
© 2024 Lenkie technologies. All rights reserved.