A business network that does one thing well. Members submit headline info on the invoices they need to pay. The system then finds 'loops' in the network, where amounts owing can be cancelled out, so no cash is used. Reduces debt, reduces risk, improves cashflow, lowers finance needs.
According to the Bank for International Settlement’s Committee on Payment and Settlement Systems Glossary,...
MTCS is based on a clearing algorithm - developed over thirty years ago in Slovenia - that still helps thousands of...
The trial version of our app was launched at the Lancaster Chamber of Commerce Expo on 30th September 2022, where the...
Local Loop North West is working to establish a ‘clearing club’ of MTCS business users in and around...
Since collaborative finance platforms such as Local Loop North West depend upon trust between peers, they are always...
Bringing multilateral obligation set-off to Lancaster is just the start. The Local Loop North West team has a whole...