Under-Center draw latches work using the same principle as "over-center" latches, just "upside down". This allows them to operate with a much smaller footprint, and with some other added benefits too. This one, for example, as a secondary catch that prevents accidental opening. Also, note the latch base is "exposed" when the latch is closed. This allows you to get a little more reach with the latch when closing it.
Available in Steel with Zinc plating and in Stainless Steel!