How LockBx works
See options offered below and how it can work for you or your business.
Payroll Financing:
1
Apply online using the applicant form.
2
The applicant information is reviewed by LockBx team and consultation with employer.
3
After successful evaluation, the loan is arranged and disbursed with approval from employer.
Working Capital Financing:
1
Business raises an invoice with a customer, containing invoice amount and period (Credit Terms: such as Net 30, 60, 90 days)
2
Business sends a copy of invoice electronically to LockBx, who will pay you a pre-arranged percentage (Advance Rate) of the invoice within 24 hours.
3
Business receives the payment from their customer once due or is collected by LockBx financing team.
Begin the process:
To start trading, signup with LockBx and provide your company information:
Apply Payroll Financing
Apply Invoice Financing