Case Study: Monga's achieves flexible inventory growth with Lenkie's credit facility

Empowering Monga's to thrive in the booming Indian wedding market

Monga's, a family-run global designer specializing in South Asian wedding attire, faced significant cash-flow challenges due to the long inventory cycle of importing supplies from India to stock its UK stores. To support their expansion, including a new Birmingham location, Monga's turned to Lenkie for a "Grow Now, Pay Later" credit facility to manage their working capital needs.

The revolving line of credit from Lenkie provided Monga's with continuous access to funds, competitive FX rates for international transactions, and a flexible credit limit that scaled with the business. This solution gave the company 200% more credit, enabling more frequent stock purchases and supporting its growth. With cash-flow secured, Monga's is now focused on expanding its customer base into North America and Europe.

Monga

Ankit Monga

Managing Director