Lendit Local secures £51.8k for SME lending platform

Small businesses in the UK and US seeking unsecured funding between £10,000 and £500,000 can obtain loans through Lendit Local Ltd, which has just secured an estimated £51.8k. The company operates an online platform to facilitate these transactions for enterprises requiring rapid access to liquidity.

The startup was incorporated in April 2025 to provide working capital through a service that processes applications and delivers financing within hours. This platform is designed to help businesses secure the funds necessary for their daily operations. The latest injection follows a larger total of £146.9k raised during the previous calendar year.

Based in Stanford-Le-Hope, the business is classified within the sector for the renting and leasing of other machinery, equipment, and tangible goods not elsewhere classified. This current round brings the total capital secured by the firm to approximately £198.7k. The funding was finalized with a share allotment in August 2026, and formal documentation was filed during the same month.