Adam Hamdoud founded IncTablet refurbishing and re-selling consumer electronics from his bedroom. Two years into partnering with Lenkie, the business turns over millions each year, riding the growing demand for wallet-friendly and environmentally friendly alternatives to buying new.
Re-selling e-devices is full of opportunity but comes with distinct cash flow pressure. Between wholesale purchasing, service and repair, and shipping, retailer margins are incredibly tight, swung by even small differences in the price of models and batteries between suppliers. Payment terms across the eCommerce platforms most resellers sell through range from 20 to 45 days, on small unit values of £100 to £300 at a time.
The typical fixes, trade credit or invoice finance, bring their own limits: trade credit only exists where suppliers offer it, fees compound over time, and overreliance on either can strain the very relationships a reseller depends on. Businesses like Adam's need funding that builds bargaining power with suppliers and platforms rather than sacrificing it.
Adam found his competitive edge in Lenkie's credit facility. Grow Now Pay Later pays supplier invoices instantly while spreading repayments over up to 12 months, putting funding at the crucial payables end of the cycle.
With the ability to buy more stock within his trading year, Adam has increased turnover and strengthened relationships with suppliers and re-selling platforms, where order volumes are key. IncTablet can lock in the best price for the best phone models, reducing costs across the board.
The journey
01
Instant supplier payments through the credit facility
02
Repayments spread over up to 12 months, matching the trading cycle
03
Volume buying: bigger, better-timed stock purchases that strengthen supplier and platform relationships
Adam Hamdoud
Founder, IncTablet
Sanjeev Jeyakumar
CEO, Lenkie
Since starting with Lenkie, sales have moved from the £400k to £800k range to a trajectory reaching £2.4 million. With turnover rising and large competitors launching their own refurb programmes, Adam is diversifying sales channels: established platforms like eBay alongside newer contenders like TikTok Business, which has already built strong traction. With Black Friday and Christmas ahead, the next chapter is set up.
6x
annual sales trajectory since starting with Lenkie
12 months
to spread repayments on supplier invoices
2 years
partnering with Lenkie
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