Our Q4 Lending Metrics: Performance and insights
Our Q4 Lending Metrics: Performance and insights
Jan 10, 2025
๐ Expanding Our Reach, Supporting Global Growth
In Q4, Lenkie extended its lending footprint in the UK, facilitating payments to over 277 UK-based businesses on behalf of our customers. Our support didnโt stop at the UK border though - we paid over 34 international suppliers across 19 countries ๐ฎ๐ณ ๐บ๐ธ ๐ฒ๐น ๐ช๐ธ๐จ๐ญ๐ฉ๐ช ๐ณ๐ฑ ๐ฑ๐ฐ ๐ท๐ด ๐ฐ๐ท ๐ฎ๐น ๐ธ๐ช ๐ญ๐ฐ ๐ต๐ฑ ๐จ๐ฟ ๐ฒ๐พ ๐ฑ๐ป ๐ฆ๐น
๐ฐ Lending Bigger, Supporting Growth
This quarter saw a remarkable increase in average invoice sizes (ยฃ10,211.87) and facility sizes (ยฃ195,000). Underscoring a growing trend: larger companies turn to innovative lenders when they find traditional banks too rigid to meet their unique financial needs.
โ Smoothing out cashflow in the run-up to the holidays
By deferring payments to suppliers, we provided a staggering 94,830 extra days of cash flow across our customer base. This offers vital breathing room for businesses stocking up ahead of peak trading season in November and December.
Among our customers, the 3-month repayment tenor emerged as the most preferred option, offering a balance of flexibility and financial planning that aligns with their operational needs.
๐๏ธ Leading Sectors: Where We Made the Most Impact
Our top sectors this quarter were:
Construction Services ๐ง
Healthcare & Pharmaceuticals ๐
Apparel & Footwear ๐
Our facility supports a wide range of use cases:
* A fashion retailer stocking up on intricate South Asian wedding attire
* Facilitating substantial metal purchases for a leading commodity trader
* Providing financial backing for a private air ambulance charter for a UK-based medical repatriation service
* Funding subcontractors for a major development project
* Financing outsourced administrative staff for a prestigious law firm.
๐ In 2025, weโre ready to expand even further. If youโre a small business needing funding and we havenโt reached your city yet, reach out. Weโre growing, and we want to be there for you โจ
๐ Expanding Our Reach, Supporting Global Growth
In Q4, Lenkie extended its lending footprint in the UK, facilitating payments to over 277 UK-based businesses on behalf of our customers. Our support didnโt stop at the UK border though - we paid over 34 international suppliers across 19 countries ๐ฎ๐ณ ๐บ๐ธ ๐ฒ๐น ๐ช๐ธ๐จ๐ญ๐ฉ๐ช ๐ณ๐ฑ ๐ฑ๐ฐ ๐ท๐ด ๐ฐ๐ท ๐ฎ๐น ๐ธ๐ช ๐ญ๐ฐ ๐ต๐ฑ ๐จ๐ฟ ๐ฒ๐พ ๐ฑ๐ป ๐ฆ๐น
๐ฐ Lending Bigger, Supporting Growth
This quarter saw a remarkable increase in average invoice sizes (ยฃ10,211.87) and facility sizes (ยฃ195,000). Underscoring a growing trend: larger companies turn to innovative lenders when they find traditional banks too rigid to meet their unique financial needs.
โ Smoothing out cashflow in the run-up to the holidays
By deferring payments to suppliers, we provided a staggering 94,830 extra days of cash flow across our customer base. This offers vital breathing room for businesses stocking up ahead of peak trading season in November and December.
Among our customers, the 3-month repayment tenor emerged as the most preferred option, offering a balance of flexibility and financial planning that aligns with their operational needs.
๐๏ธ Leading Sectors: Where We Made the Most Impact
Our top sectors this quarter were:
Construction Services ๐ง
Healthcare & Pharmaceuticals ๐
Apparel & Footwear ๐
Our facility supports a wide range of use cases:
* A fashion retailer stocking up on intricate South Asian wedding attire
* Facilitating substantial metal purchases for a leading commodity trader
* Providing financial backing for a private air ambulance charter for a UK-based medical repatriation service
* Funding subcontractors for a major development project
* Financing outsourced administrative staff for a prestigious law firm.
๐ In 2025, weโre ready to expand even further. If youโre a small business needing funding and we havenโt reached your city yet, reach out. Weโre growing, and we want to be there for you โจ
ยฉ 2024 Lenkie technologies. All rights reserved.
ยฉ 2024 Lenkie technologies. All rights reserved.
ยฉ 2024 Lenkie technologies. All rights reserved.