Case Study: Unplugged achieves 135% revenue growth with Lenkie cash advance

A Lenkie Case Study

Preview of the Unplugged Case Study

Unplugged Scaling off-grid cabins to create relaxing escapes in nature

Unplugged, a fast-growing startup offering off-grid cabin escapes, faced a significant challenge scaling its business. Due to a surge in post-COVID demand, its cabins were constantly fully booked, forcing the company to turn away customers. Unplugged needed a fast and flexible funding solution to finance the construction of new cabins and capture this growth, but as a new business, it lacked access to traditional capital.

Lenkie provided a solution by using Unplugged's booking data to quickly underwrite a cash advance, delivered within four days. This funding allowed Unplugged to immediately begin construction on new cabins. As a result, the company expanded to six locations, more than doubled its monthly revenue, and achieved a 55% return on capital. Lenkie's flexible repayment terms and ongoing relationship provided Unplugged with the instant capital needed to prepare for future demand.


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Unplugged

Hector Hughes

Co-Founder


Lenkie

17 Case Studies