Who is the lender?
The underlying legal tender is Lenkie Technologies and all legal agreements and repayments will be made directly with Lenkie.
What is the advantage of this over traditional invoice factoring?
Lenkie uses your existing sales data to get an instant picture of your business health. This means we can provide larger funding amounts at a more competitive price. Being embedded creates a fast and easy user experience, with the whole process taking minutes.
What if the future receivables are not received or are cancelled?
If the future receivables assigned to us are cancelled we simply deduct the payment from the next receivable meaning you don’t have to worry about individual invoices and can simply replace any cancellations with future receivables.
What if my platform doesn’t currently offer Instant payout?
Get in touch with our sales team at email@example.com and we can discuss other options.