The Lenkie Launchpad: Funding SMEs, Fueling Growth
Mar 3, 2025
We’re thrilled to kick off the New Year with the very first edition of Launchpad! This monthly newsletter will keep you in the loop with all things Lenkie while bringing you fresh insights and exciting updates from the world of SME funding. Let's make this year a launch to remember!
Lenkie Q4 Update
It was a busy last quarter of 2024 at Lenkie as we expanded to more cities. Below are some of our highlights:
What people are saying about Lenkie
We’ve just launched our Trustpilot page, and the initial feedback has been incredible! Feel free to check out the full reviews, and leave us one of your own, here.
Product Spotlight: Lenkie's Innovations
At Lenkie, we’re always looking for ways to make things easier for our customers. This month, we wanted to highlight two product features we've introduced to improve efficiency and security.
Optical Character Recognition (OCR) for Streamlined Invoice Processing
At Lenkie, we’ve integrated Optical Character Recognition (OCR) technology into our platform, making invoice and document handling faster and more accurate than ever. OCR transforms printed or handwritten text into a digital format, allowing for automated data extraction.
With this feature, our customers can effortlessly capture key information from invoices, eliminating the need for manual entry. This not only saves time but also reduces the risk of human error, enhancing overall efficiency in financial operations.
Bank-Grade Confirmation of Payee (COP) for Enhanced Payment Security
With our new CoP feature, you can verify that the name on the recipient’s account matches your intended payee before transferring funds. This crucial step helps prevent funds from being sent to the wrong account, significantly reducing the risks of payment fraud and misdirected payments.
In partnership with Lloyd’s, we’ve integrated bank-grade CoP into our platform, ensuring that your transactions are both smooth and secure.
Check out our YouTube channel and subscribe for more handy product tips!
Davies Contractors: Supporting a Family-Run Construction Business
Davies Contractors, a construction firm based in Newport, has become a leading provider of maintenance services for social housing in Wales and the West Midlands. Lenkie's facility has helped them access flexible funding where other lenders were unable to support
Read the full story here to see how Lenkie supported its growth and expansion.
Industry Deep Dive: SME Construction – Why Is It So Hard to Access Finance?
This month's industry deep dive explores the construction sector, home to nearly 900,000 SMEs in the UK. Despite being crucial to the economy, these businesses face unique challenges when securing funding. So, how can lenders better meet the needs of this vital industry?
Full article here
Other updates and opportunities
For the latest updates, success stories, and exciting news, be sure to follow Lenkie on LinkedIn 🌟. Join our community to stay in the loop on industry insights, product launches, wins, and special celebrations.
Don't miss out—click here to follow us now!
That’s it for this month!
If you are a business owner looking to partner with Lenkie and unlock smarter funding solutions for your business or have any questions or want to know more, please reach out to us at hello@lenkie.com We’re always here to help.
