Case Study: Optama achieves faster growth and improved cash flow with Lenkie

Optama Supporting green and clean energy for Scotland

Optama, an installation provider working to bring clean energy to homes across Scotland, faced a significant cash flow challenge. The business had to cover high up-front costs for equipment and subcontractors but then had to wait up to six weeks to receive payment from government grant schemes. This funding gap made it difficult for the company to take on new projects and grow. Lenkie's revolving credit facility, Grow Now Pay Later, was implemented to resolve this issue.

The solution from Lenkie allowed Optama to pay its suppliers instantly, enabling the business to tackle more jobs and increase its turnover. The ability to secure subcontractors quickly by paying them on time also provided a reputational advantage. By leveraging Lenkie's credit facility for two years, Optama gained the continuous funding required to capitalize on the growing demand for renewable energy solutions.

Optama

Graham Latta

Director