Runway acquires Lock Finance to help close the funding gap for New Zealand SMEs.

Runway has acquired Lock Finance, a long-standing specialist in invoice and receivables finance, to create a strong and credible foundation for supporting growth-ready New Zealand SMEs.

The acquisition brings together Lock Finance's experienced team, established customer and adviser relationships, and deep working-capital expertise with Runway's founding team, capital backing, governance, and focus on disciplined lending.

From day one, it is business as usual for Lock Finance customers and advisers. The same people, processes and relationships remain in place, with no immediate changes to products or pricing.

Over time, Runway will build on this foundation by strengthening capability and supporting sustainable growth, while preserving the relationships and expertise already in place. Any future products or technology enhancements will be introduced only once proven and communicated through advisers.

Runway is designed to sit between traditional banks and high-cost alternative lenders, focusing on disciplined working capital for growth-ready SMEs.

Visit Lock Finance to learn more about its working-capital solutions.