Overview
A zero-carbon courier fleet built on reliability
SBL Couriers is a logistics company founded in 2012, running a fully electric delivery fleet with a focus on timely delivery and customer experience. The business has grown into a market leader by putting operational excellence and its clients first.
The Problem
Energy bills doubled, and contractors needed paying weekly
Rising fuel and energy costs hit SBL hard, with energy bills increasing by 100%. That strain on available capital made it difficult to take on more contracts, capping the company's revenue potential.
The timing mismatch made things worse: SBL's clients typically pay monthly, but its delivery contractors are paid weekly. The gap between money in and money out created recurring cash flow pressure, just as the business wanted to pay suppliers on time and expand its fleet.
The Solution
A credit facility where the banks said no
When SBL approached traditional banks to fund expansion, they hit obstacle after obstacle and struggled to secure funding. With Lenkie, a 2 minute application led to a decision within 24 hours.
Through the credit facility, SBL can spread repayments over 3, 6 or 9 months, and the commitment-free structure means they draw on it only when needed. That flexibility lets them manage the weekly-out, monthly-in rhythm of the business while continuing to grow.
The journey
01
Fast application: a 2 minute process with a decision inside 24 hours
02
Flexible facility: repayments spread over 3, 6 or 9 months with no commitment to draw
03
Ongoing headroom: the facility covers the weekly contractor payroll cycle while client payments arrive monthly
"Lenkie's products are amazing. The dashboard is very user-friendly. I highly recommend Lenkie's products to all companies looking for an instant line of credit to ease their cash flow."
Haris Attique
Finance Manager, SBL Couriers
Results
Through the energy crisis, and back to growth
With funds from the facility, SBL saw a significant increase in annual cash flow, letting them ride out revenue interruptions and cover essential costs like insurance. Finance manager Haris Attique credits the facility as the catalyst for taking on more contracts and reaching a steady, positive cash flow. The business came through the energy and fuel crises intact, with cash freed up to expand the delivery fleet. SBL is now also adopting CardPay, paying suppliers by credit card even where cards aren't accepted, adding another cash flow tool.
2 mins
application process
24 hrs
to a funding decision
3-9 months
flexible repayment terms
Takeaway
SBL's story is the classic logistics cash flow problem: clients pay monthly, contractors need paying weekly, and an energy shock widened the gap. A flexible credit facility bridged the timing mismatch, and the business went from turning down contracts to expanding its fleet.
