Not quite but significantly reduced levels of stress.
Running any business can be a stressful exercise for all businesses and in particular, small and medium size enterprises. The creative tension between accepting an order and the confidence of being paid on time can not only become a drain on the businesses cash flow but also add considerable stress and downtime when the debtors ledger starts to age.
Reducing both the owners and business stress in this area is a particular strength for Lock Finance. Our ability to bring certainty to invoice payment, we have observed, brings with it the ability to grow businesses faster based on the security of knowing that cash will be in the bank on time every month when Lock Finance is part of the picture.
Our invoice financing facility is used by a broad range of industry sectors and allows the business and its suppliers to have confidence to know that payments will be met on a timely basis, that investment decisions can be made with a high level of confidence and that businesses can plan to optimize their business growth.
4.5