LORCAPT Intermediary Holdings, Inc. is a privately held FinTech company established in 2021. It specializes in providing financing solutions to the manufacturing sector, aiming to alleviate the financial strain caused by significant upfront tooling costs for suppliers.
The core service provides specialized financing structured as interest-only loans to suppliers in the manufacturing industry. This model is designed to cover the substantial upfront costs of production tooling, which would otherwise tie up a supplier's funds.
This service solves the critical issue of poor liquidity and strained working capital for manufacturing suppliers, who often face long delays before being reimbursed for heavy tooling expenditures. It allows them to commence production activities without financial delay.
The primary pain point addressed is the financial burden of high upfront tooling costs combined with long reimbursement cycles, which negatively impacts cash flow and restricts growth.