Local Loop Merseyside Information

Local Loop Merseyside is for businesses of all sizes and sectors that buy and sell within Liverpool City Region. Managing cashflow and chasing late payments can be a major headache, leading to wasted time, stress, and strained business relationships. This pain often stems from what we call 'payment gridlocks': having to explain to your 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 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. Supported by national and local government, we’ve adapted centuries-old gridlock clearing techniques - traditionally only available to large corporations and banks - that flip the dynamic in favour of Merseyside businesses and the entire local economy. Members of Local Loop Merseyside (the UK’s first Clearing Club) spend less time chasing payments, feel more in control of their cashflow, and strengthen relationships with the people they already trade with. We believe that working at the scale where trust, accountability, and real relationships exist can make Merseyside the most collaborative economy in the UK. Local isn’t a limitation. For us, it’s a superpower.