Local Loop Merseyside

Have you looped in yet?

Local Loop is an app that helps businesses pay and get paid, even when cash is tight. Launching first in Merseyside.

By joining in, you can put your business on the local trading map, discover Merseyside's trading network, and find out if payment gridlocks are hurting your cash flow.

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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 - an endless cycle of explaining "I can't pay because I haven't been paid."

These situations arise all the time in dense 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.

Our vision

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

Not surprisingly, the banks have powerful tools for dealing with payment gridlocks. Local Loop is putting these transformative technologies to work for ordinary Merseyside businesses, and building the most collaborative economy in the UK.

Loop in to find out if this could work for you and your trading partners.

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