Case Study: IncTablet boosts eCommerce growth and cashflow with Lenkie

IncTablet a breakthrough in navigating eCommerce

The customer, a business refurbishing and re-selling consumer electronics called IncTablet, faced significant cashflow challenges due to tight industry margins and long payment terms from eCommerce platforms. To purchase stock and cover operational costs, the founder, Adam, had previously relied on limited solutions like trade credit, which strained supplier relationships. He turned to the vendor, Lenkie, for a more flexible funding solution using their Grow Now Pay Later credit facility.

Lenkie's solution provided instant payments on supplier invoices with repayments spread over 12 months. This gave IncTablet the immediate capital needed to purchase more stock, increasing its bargaining power with suppliers and helping it lock in better prices. The results included a strengthened supplier relationship and a significant increase in annual turnover to millions of pounds, allowing the business to confidently explore new sales channels ahead of peak seasonal demand.

IncTablet

Adam Hamdoud

Founder