We are a factoring finance company that specialises in the factoring of invoices, known as invoice finance. Invoice finance, or invoice factoring, involves the purchase of invoices, or of the sales ledger, by a full factoring company, at a small discount in exchange for an immediate cash advance against the invoice. We offer a variety of financial products and factoring services to our clients, ranging from sales ledger finance, sales ledger management, insolvency funding, bridging finance, government receivables funding, acquisition funding, and early-stage funding. Through years of experience in the factoring finance industry serving as partners in our clients' success, we have gained numerous insights into market activity as a premier invoice factoring company.
Invoice Finance, or Sales Ledger Finance, allows you to turn your invoices into cash. Platinum Funding UK Limited, a full factoring company, buys open invoices/accounts receivable in a non-recourse transaction. We advance a significant portion of the value of the invoice upfront. Through the factoring services provided by factoring companies you can accelerate cash flow, increase working capital enabling you to pay your suppliers on time and take advantage of discounts, meet the payroll deadlines, and, ultimately, grow your business. top
Platinum can help you find practical, fast, and reliable factoring finance solutions if you are a company with any of the following needs:
Improving your cash flow
Expanding your working capital
Seeking bridging finance
Seeking insolvency funding top
We offer sales ledger finance, also known as accounts receivable financing, to companies who:
Are growing dynamically, have maximized their bank lines of credit and need additional capital. Sales ledger finance can meet the needs of these aggressively growing companies.
Are unable to obtain financing through their bank because they are a young company or even a startup. Factoring companies don’t evaluate their clients on their own balance sheets but rather on the strength and the solvency of their customers.
Are currently in workout at their bank and are seeking alternatives. Invoice finance can prove to be a successful solution.
Are evaluating the option to reorganise under Administration or a Company Voluntary Arrangement (CVA). Sales ledger finance, or invoice finance, provides a much needed immediate financial solution to effectively and successfully begin paying back creditors when a company reaches the point of insolvency.
Are looking for quick bridging finance in order to obtain permanent financing.
Are looking for leveraged buyout financing for their company or another company. top
We provide factoring services to a variety of industries, including:
Information Technology staffing and consulting companies
Temporary staffing and recruitment agencies
Distributors (hosiery, electronics, food and beverages, etc.)
Importers (diamonds, home furnishings, etc.)
Printers
Building maintenance and window cleaning services
Security guard agencies
Limo services
Computer consultants
Modeling agencies
Photographic labs
Software developers
Graphic design companies
Media and publication companies top
We don’t provide invoice finance to:
Platinum Funding UK Limited, a premier full factoring company, is known throughout the factoring finance industry for being fast and efficient. With adequate information, typical turnaround time from the initial conversation about invoice factoring with a Platinum representative until receiving the requested funding through invoice factoring is approximately 3 to 5 business days. top
Besides providing additional working capital, Platinum, a UK London invoice factoring company, offers many additional benefits/advantages for a company participating in invoice factoring, including:
Taking advantage of volume discounts and early payment discounts
Purchasing additional inventory through the increase in working capital afford by invoice factoring
Reducing bad debt and improving credit rating
Outsourcing sales ledger management, also referred to as accounts receivable management, which includes credit checking and collections
Increasing advertising and marketing efforts
Financing seasonal needs or securing larger orders through the financial security that comes along with invoice factoring
Offering extended credit terms to its clients
Platinum Funding Group, a US-based corporation, has been providing factoring services to hundreds of companies in the US since 1992. In 2008, Platinum Funding UK Limited began operations in the UK with the ultimate goal to better serve their invoice factoring clients on a global level. Our senior factoring finance advisors are committed to helping build the financial success of their clients. top
Our dedicated team of invoice finance experts will be happy to assist you with your factoring finance needs. You can call our toll free number 01256 799780. As a committed and successful full factoring company, we will review your situation and offer fast, reliable solutions that fit your unique needs and customize you invoice finance programme. top
Platinum Funding UK Limited’s invoice finance office is located in ViewPoint, Basing View
Basingstoke, Hants RG21 4RG UK. Additionally, Platinum’s headquarters and corporate office is located in New York City’s Times Square, with a network of invoice finance offices around the US, enabling us to effectively serve clients throughout North America and Europe. top
Platinum, a premiere UK London invoice factoring company, is continually looking for introducers and partners to join its ranks of successful invoice factoring consultants and experts. We can develop a mutually beneficial, long lasting relationship. Platinum realizes an invoice factoring solution for your client’s financing needs and you earn a steady commission for the duration of time that we provide the client with invoice factoring. Visit our Introducer/Broker page. top
