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Who may need Platinum’s debt factoring services, including, but not limited to, sales ledger finance and sales ledger management?

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Who may need Platinum’s debt factoring services, including, but not limited to, sales ledger finance and sales ledger management?

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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

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