Louise Beaumont, co-founder of Platform Black, commented, “Small businesses rely on us to ensure that they have the working capital in place to run and grow their companies. The fact that we have a 100% success rate in financing the invoices traded on Platform Black means that we’re a trusted partner – and rightly so.”
Paul Goodman, founder of Goodman Corporate introduced this particular client to Platform Black. As he says; “We were asked to secure a flexible and cost effective alternative to the traditional invoice finance solutions that our client had secured themselves. Working with the team at Platform Black, we were able to deliver the working capital our client required without being tied into a lengthy and costly contract. A truly innovative and effective pay as you go working capital facility.”
As overdrafts get reduced and withdrawn, and as the banks find it harder and harder to lend, it is reassuring to know that companies can depend on Platform Black to deliver finance as and when they need it, and at a cost they themselves control. And, since 2012, small businesses have accessed well over £13 million of working capital from Platform Black – £1 million of it in the last week alone. The company has gone from strength to strength, with this latest invoice being another sure sign that faith in alternative finance is growing exponentially.