The Buyers Products Heavy-Duty Stainless Steel Adjustable-Grip Draw Latch provides leverage for applications like toolboxes and other small compartment doors. Draw latches pull surfaces together and hold them closed, also known as tension latches. This adjustable draw latch is for use with a combination lock or padlock (sold separately). Made of polished stainless steel for long-lasting corrosion protection, this draw latch adjusts the latching distance to compensate for misalignments in surfaces.