Local Loop Merseyside

Become a Founding Member

Local Loop Merseyside will be the UK's first Clearing Club, where local businesses improve their finances through sharing trading data.

We're inviting B2Bs that buy and sell in Merseyside to join our 2024 Pilot as Founding Members.

You'll get an individual estimate of how much local trading debt we could eliminate for you, insights into what this could mean for your business, and the chance to be in at the ground floor of a transformative journey for the Merseyside economy.

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The problem

Managing cash flow and chasing late payments can be a major headache, leading to wasted time, stress, and strained business relationships.

We understand that this pain often stems from payment gridlocks - having to explain to a supplier “I can't pay because I haven't been paid”, only to find that the customers who owe you are in exactly the same situation!

These domino effects arise all the time in highly active trading networks. In fact, it's quite likely that the Merseyside businesses doing the most local trading - and contributing the most to our economy - are having the worst experience.

We think this is the wrong way round.

What we're doing

Our vision

There’s huge potential for a thriving Merseyside economy, but fear, uncertainty, and debt caused by payment gridlocks are holding us back.

We've discovered that for hundreds of years, the banks have been using powerful 'clearing' tools for dealing with payment gridlocks. Local Loop Merseyside was founded to put these tools to work for our business community, and flip the dynamics in favour of local trade.

We will help you to pay and get paid quickly, even when cash is tight. The more trade you do locally, the better this will work for you and your trading partners.

What's more, Local Loop Merseyside will be a Member-owned mutual, giving you influence over the roadmap for future services. Together, we can build the most collaborative economy in the UK.

Get in touch