LockBx is a Working Capital funding platform that streamlines and reduces working capital challenges for SMEs.

• It provides an alternative for unlocking Working Capital utilizing Payroll, Invoice Discounting and Factoring.
• For SMEs, Invoices can be leveraged to unlock cash. Invoice Factoring /Discounting is short-term borrowing used to improve company's working capital and cash flow position. A business can borrow money against its sales invoices before the customer has actually paid.
• It allows a business to borrow money against its sales invoices before the customer has actually paid.
• To do this, the company will typically borrow a percentage of the value of its invoice from LockBx, effectively using the unpaid sales invoices as collateral for the borrowing.
  To do this, the company will typically borrow a percentage of the value of its invoice from LockBx, effectively using the unpaid sales invoices as collateral for the borrowing.
• For individuals, one can leverage their payroll and to borrow against it as security and expand their "side hustle".

Key Benefits

For Businesses

• Unlock Working Capital
• Innovative and secured platform leveraging on fintech that can to reach multiple financiers at the same time, saving time.
• Quick turnaround as compared to bank loan facilities

For Investors / Banks

• Pre-vetted Customers that to allow informed and quick decision making.
• Allows standardized documentation and streamlined process
• Reliable and secure business origination platform
• Streamlined due diligence, on boarding and KYC
• Insured and partnership with debt collectors to minimize credit risk