logo

Grow Now, Pay Later

Funding Solution

Payables finance

Financing amount

$50,000 - $1,000,000

Term

Indefinite

Fees from

1,55% - per month

Time to fund

up to 1h

Description

About:

Lenkie provides fast and flexible funding to help your business grow.

 

Product:

Dynamic credit facility (GNPL) with flexible terms from 1-12 months and funding from £50,000 to £1,000,000.

Access funds within 24 hours of application with a self-service dashboard for managing repayments and accessing additional capital.

Platforms

E-commerce marketplaces or online selling channels that are supported.

Amazon

Shopify

Tik Tok Shops

Others

Offer details:

Minimum monthly turnover
The minimum average monthly sales required to qualify for this funding solution.
$90,000
Minimum time in business
How long your business must have been operating to be eligible.
18 months
Minimum amount of financing
The range of available funding. The final amount depends on your business performance and credit assessment.
$50,000
Maximum amount of financing
The range of available funding. The final amount depends on your business performance and credit assessment.
$1,000,000
Interest fees
Interest rate represents the cost of your loan. Final rate depends on your business profile and creditworthiness.
1,55% - 2,74% - per month
Repayment period
The length of time you have to repay the funding amount.
1-12 months per transaction
Repayment method
The way you'll pay back the funding.
Monthly direct debit
Duration of the contract
The duration of the funding agreement.
Indefinite
Time of decision
Maximum waiting period to receive a funding decision after submitting all required documentation.
up to 48h
Time to release funds
Expected timeframe from application approval to money being deposited in your account.
up to 1h
Additional Info
  • Credit safe: 30
  • Minimum annual revenue: £1,000,000
Countries operating
Geographical regions where this funding solution is currently available to businesses.
United Kingdom