Blog

Fri, 2017-08-25

Platform update

Lenndy was found in September 2016 to stimulate small and medium enterprises in Lithuania and since then it has attracted a lot of attention from abroad. Platform is moving some of its activities to Latvia in order to place more focus on international investors.

 

From this Friday, 5th May 2017, Lenndy lending marketplace will be operated by SIA Lenndy while UAB Lenndy will carry on as a traditional crowdfunding platform once it acquires licence from the Lithuanian Ba...

Fri, 2017-08-25

How does BUYBACK warranty work?

       In this blog entry I firstly would like to thank Lenndy friends who joined the investors network and invested in our offered loans. The start is really successful, though not even had a chance to invite friends and relatives to contribute. We say BIG THANKS and carry on the work!

 

        Lenndy market entry has brought a new offer – BUYBACK guarantee. We are offering the investors an access to BUYBA...

Fri, 2017-08-25

What is factoring?

Factoring is one of the most widely used forms of business crediting. Most common users of factoring are companies that need more turnover funds in order to employ the available capital (production reservations, employee wages and manufacturing costs, etc.). The manufacturer produces product and after its realization, the buyer usually has a long period (30-120 d.) of deferred payment, and the manufacturer often does not have a working capital in order to continue production so, is forced to ...