Tech

Impact Data Metrics to empower fintech start-up Local Loop Merseyside’s cashflow mission IMPACT Data Metrics (IDM), the research and data analytics innovator, has struck a ground-breaking commercial agreement with ambitious fintech company Mutual Credit Services (MCS). The partnership–IDM’s first in the business finance sector, will see MCS, a socially-focused company, integrating IDM’s unique and proprietary Business Occupiers dataset into its innovative Local Loop Merseyside (LLM) platform. …

Late payments don’t just hurt individual businesses Late payments are sometimes viewed as a minor inconvenience, a simple delay that businesses can manage with a bit of financial juggling. The reality however, is that late payments have far-reaching impacts that extend beyond the immediate frustration of cashflow issues. In tightly interconnected local economies like Merseyside, these delays can cause significant knock-on disruptions, affecting not only the individual businesses involved but also the wider community. …

High-level Service Overview Catchment area Local Loop will be delivered via an app-based platform, which will enable us to introduce a whole roadmap of services to build the local economy. In addition to operating in Merseyside, we propose including an area of more rural character close to the city, in the hope of fostering local food trade connections. …