As we all start to adjust to a post COVID world, we now face a number of changes within the lending environment and broader economy. Despite renewed optimism as the world begins to open up, there are challenges ahead spearheaded by economic headwinds, in addition to tightening lending criteria, With growth becoming more challenging, it is a pivotal time for businesses to explore new lending opportunities within the invoice financing sector.
As we lean into these changes, we are pleased to announce some significant staff movements and technology upgrades within the invoice financing market.
One of the most recent staff movements was at Lock Finance. I have the pleasure of advising that Sarah Lochead-MacMillan has re-joined us in a Business Development role. Sarah has a 25-year history in invoice financing and working capital environment, bringing with her significant experience to our already industry-leading knowledge and technology. We welcome Sarah back onboard and look forward to harnessing her knowledge and expertise for our clients.
Another exciting change is our technology upgrade which will provide a number of benefits to our clients and partners. Clients will experience a much smoother process and the visibility they have over their facilities will be second to none. This upgrade means that approval times have reduced and we are able to provide indicative letters of offer within 24 hours, so you can indicate proposed terms to your client quickly.
The changes that we have implemented mean that we are able to offer industry-leading approval timeframes and flexible conditions that set us apart from competitors. Coupled with exceptional customer service, Lock Finance provides a client-first proposition that stands out within the industry.
If you would like to know more about Lock Finance and how we could assist a client of yours or provide an indicative offer for a client then please do not hesitate to contact.