| 03/12/2009: | Traditional Lines of Business Credit are Elusive--Unless You’re Factoring
|
| | Business lines of credit have been rescinded or refused, leaving businesses without the financing they need to expand or even to remain solvent. Can factoring be the proverbial light at the end of the tunnel?
By SEO Factor, |
| 02/24/2009: | Why Invoice Factoring Beats Venture Capital Funding, Hands-down
|
| | While there are a handful of alternative loan options available for businesses looking to expand, two more common forms of financing are venture capital funding and factoring financing.
By SEO Factor |
| 02/04/2009: | Platinum Funding UK Commands Momentum, Reverses Fortunes in Spiraling Economy
|
| | The credit crunch is on. Lenders have stopped lending. Credit has become extremely tough, almost impossible, to obtain. And the general feeling among banks and traditional lenders can be boiled down to one word: Fear.
By SEO Factor |
| 01/07/2009: | Bank Lending Seizes Up While Factoring Companies Open Up
|
| | The heat is on. Banks in the United States and United Kingdom have virtually ceased lending money to each other. And that means small to medium-sized businesses in all industries are feeling the brunt of exclusion.
By SEO Factor |
| 12/15/2008: | Accounts Receivable Financing Leverages Your Slow-paying Clients into Catalysts for Expansion
|
| | It never fails. Your largest clients, the ones that hold your big money contracts, are typically the ones that are slowest in paying. And there’s no way that you’re going to show them the door just because they hit the 90-day mark. What if there was a way to leverage the debts owed by your stable of clients into immediate cash that you need for daily operations and future expansion.
By SEO Factor |
| 12/09/2008: | As the Credit Crisis Reaches Critical Mass, Factoring Brokers Prove Powerful Partners for Business Growth
|
| | The European Central Bank, Britain and Sweden recently made significant collective cuts in interest rates to shore up economies across Europe in the face of ever-bleaker financial news. There is hope lenders will follow suit and free up credit opportunities...
By SEO Factor |
| 12/01/2008: | UK Factoring Gathers Steam, Catalyzes Venture Capital Funding
|
| | According to statistics released by a major factoring company trade association, invoice factoring and PO financing in the UK is being used by over 47,000 businesses and organizations, generating a combined turnover running in excess of £170billion. And in the worst recession since the mid-1990s, factoring companies may just have what it takes to save a lethargic economy.
By SEO Factor |
| 11/23/2008: | International Factoring Emerges as Financial Flexibility Wanes
|
| | Call it the X factor. Invoice financing has the potential to literally explode global trading by opening up new venture capital funding routes for businesses across industries.
By SEO Factor |
| 11/19/2008: | The Invoice Factoring 411: Determining if Accounts Receivable Financing is Right for Your Business
|
| | Companies doing over $1M in receivables are quickly finding out that factoring provides a quick, substantial boost to cash flow. For businesses that are short of working capital, this is a way to swiftly garner the resources needed to expand, or remain solvent.
By SEO Factor, |
| 10/30/2008: | When Traditional Lending Turns Its Back: Invoice Factoring Proves to be a Popular Alternative for ‘Up-and Comers’
|
| | The credit crunch is on. Amidst a virtual ‘storm cloud’ of margin calls by traditional lenders, businesses looking to expand, or even remain solvent, are finding a difficult path to navigate.
By; SEO Factor |
| 10/21/2008: | Factoring Company Shakes the Software Market via a $13M Factoring Facility with Prismtech
|
| | Domination of a market doesn’t happen overnight. It takes an industry ripe for change. It takes the unsolicited approval of a string of satisfied, up-and-coming clientele. It takes a company with serious resources and a deep network of contacts to back it up. And it takes all of those ingredients to strike at the right moment. For Platinum Funding Group, the stars are aligning. As growth-minded organizations are pining for capital funding, traditional lenders are sending borrowers running into Platinum’s capable and well-backed hands. IT mover-and-shaker Prismtech is just one example.
By; SEO Factor |
| 10/14/2008: | Factoring Energizes Compsec Electric Corporation With $12 Million Factoring Facility
|
| | A premier factoring provider, signed a $12 million accounts receivable factoring agreement with Compsec Electric Corporation. Compsec is a Long Island City, NY-based licensed electrical subcontractor looking to solidify its place in the market with reliable invoice financing.
By: SEO Factor |
| 10/04/2008: | Factoring Services Stand Solid in the Face of Recession
|
| | Factoring Finance Beats the Business Loan Hands-down
A trial of payday loans and subprime lending has had a lasting effect on the prospects of acquiring a traditional business loan. As the lending industry frantically plug holes in the dam, young start-ups are faced with the same problem
By SEO Factor |
| 09/15/2008: | International factoring Funding
|
| | PLATINUM FUNDING GROUP PROVIDES FACTORING FACILITY FOR HOARDING, FENCING AND DECKING IN UNITED KINGDOM
By SEO Factor |
| 09/15/2008: | Factoring Heavyweights Keep Collapsing Firms in the Fight
|
| | Factoring Companies Provide Stability
Once underutilized, factoring companies are coming into their own. Businesses and banks are beginning to realize the power of factoring financing as a way to reinforce their operations.
By SEO Factor |
| 09/15/2008: | Unique Factoring Companies in the UK
|
| | Specifically, invoice factoring, also referred to as sales ledger finance, involves the purchase of an invoice or the entire sales ledger, by a factoring company, at a small discount in exchange for an immediate cash advance based on the face value of the invoice.
By SEO Factor |
| 09/08/2008: | International factoring
|
| | International factoring is on the rise as a way for small-to-medium
size enterprises (SMEs) to more smoothly sell products or trade
overseas, according to research by the Federation of International
Trade Associations (FITA) and Factors Chain International.
By SEO Factor |
| 08/26/2008: | New Factoring UK Operation
|
| | The Factoring Company will celebrate the commencement of the UK operations with a Launch Reception in London on September 3rd, 2008.
Platinum Funding Group is uniquely positioned in offering non-recourse factoring in the UK market.
By SEO Factor |
| 07/29/2008: | Invoice Factoring Company Provides $12 Million Accounts Receivable Factoring Facility to Electrical Subcontractor
|
| | A leader among factoring companies since 1992, signed a $12 million accounts receivable factoring agreement with Compsec Electric Corporation (“Compsec”). Compsec is a Long Island City, NY-based licensed electrical subcontractor. The reputable factoring services provided by Platinum.
By SEO Factor |
| 07/13/2008: | Invoice Factoring Companies in the UK: A Valuable Funding Resource Part 3
|
| | Important Considerations When Evaluating Invoice Factoring UK Firms.
By SEO Factor
Part 3 |
| 07/13/2008: | Invoice Factoring: A leading factoring company provides $66 Million
|
| | A leading factoring company provides $66 Million Accounts Receivable Factoring Facility to Velocita, a Leading Provider of Wireless Data Services, to Support the Acquisition of SkyTel, from Bell Industries, Inc., a Complimentary Wireless Technology Business
By SEO Factor |
| 07/02/2008: | Leading Invoice Factoring Company Provides Accounts Receivable Financing For Information Technology (IT) Firm In 5 Business Days
|
| | “I would like to personally thank Platinum Funding Group for all the support and assistance in funding our company,” said Dan Nandan, chief executive at IT Cats. “
By SEO Factor |
| 07/02/2008: | Asset Based Lending versus Invoice Factoring: Two Unique Funding Solutions
|
| | Asset-based lending firms advance against a borrowing-base of receivables. Factoring companies who provide invoice factoring, also known as accounts receivable financing, and accounts receivable management services are solely interested in receivables and only fund based on the value of their client’s receivables.
By SEO Factor |
| 06/30/2008: | Invoice Factoring Companies in the UK: A Valuable Funding Resource Part 2
|
| | Invoice Factoring Companies in the UK: A Valuable Funding Resource Part Two Invoice Factoring Promises 100% Success
By SEO Factor |
| 06/24/2008: | Invoice Factoring Companies in the UK: A Valuable Funding Resource Part 1
|
| | Invoice Factoring Companies in the UK: A Valuable Funding Resource
Part One
Invoice Factoring Promises 100% Success
By SEO Factor |
| 06/23/2008: | Benefits of Partnering with Factoring Companies that have both UK and US Operations
|
| | While factoring facilities are successfully being completed across the world, there still exist only a handful of factoring companies that have the tools and capabilities to serve and support clients in both the UK and US markets.
By SEO Factor |
| 06/22/2008: | Purchase Order Financing: Realizing your Company’s Full Revenue Potential and Growth Opportunities when combined with Invoice Factoring
|
| | Many factoring companies now offer an array of financial tools and factoring services to their clients, including, but not limited to, accounts receivable factoring, accounts receivable management, purchase order financing and letters of credit.
By SEO Factor |
| 06/14/2008: | International Factoring Companies, Providing Strategic and Successful Invoice Factoring Solutions in a Global Economy
|
| | In today’s competitive economic environment, businesses are under constant pressure to maintain profitability and growth. One option is to expand the business and customer base into other nations. International factoring companies
By SEO Factor |
| 06/12/2008: | Benefits of Invoice Factoring for Growing Information Technology Companies
|
| | Invoice factoring, especially in recent years, has come to be acknowledged as a successful and prevalent financial strategy for Information Technology companies in high-growth mode.
By: SEO Factor |
| 06/07/2008: | Invoice Factoring: Benefits of working with a Factoring Company
|
| | • Factoring companies can provide immediate funding, within 3-5 business days of deal origination
• Factoring companies accelerate and increase working capital through accounts receivable financing, enabling you to take on larger contracts, to pay your suppliers faster, and to take advantage of discounts
Read...
|
| 06/04/2008: | Invoice Factoring: An important financing strategy for the Maintenance and Utilities Industry
|
| | “This invoice factoring transaction is remarkable because we were able to overcome many obstacles – losses, progress billings, some very slow paying debtors and a significant debt facility with a bank,”
By: Danielle Lacombe and Felicia Bertie |
| 06/04/2008: | Invoice Factoring: How does it work ?
|
| | Invoice Factoring: How to Successfully Utilize the Financing Tools of a Factoring Company
By: Danielle Lacombe and Felicia Bertie |
| 05/27/2008: | A Factoring Company Invites the New York Financial Community
|
| | A Factoring Company Invites the New York Financial Community to their Networking Series High above Manhattan’s Times Square.
The goal of this factoring company, with over 16 years of experience in providing factoring services, is to stimulate “outside of the box” thinking in an exclusive yet welcoming atmosphere
By: Danielle Lacombe and Felicia Bertie |
| 05/22/2008: | Factoring Companies: Providing Financial Stability and Working Capital for Staffing Companies
|
| | Factoring Companies: Providing Financial Stability and Working Capital for Staffing Companies
By: Danielle Lacombe and Felicia Bertie
|
| 05/14/2008: | Credit Crunch: Information Technology Companies Flourish
|
| | Credit Crunch: Information Technology Companies Flourish From Accounts Receivable Factoring
By: Danielle Lacombe and Felicia Bertie |
| 05/12/2008: | Business Bankruptcies Reach New Heights...
|
| | Business Bankruptcies Reach New Heights: Factoring Companies Provide Immediate and Effective Solutions
By: Danielle Lacombe and Felicia Bertie
|
| 05/08/2008: | Banks tighten credit, Businesses look to Factoring Companies
|
| | As Banks tighten credit, Businesses look to Factoring Companies for Invoice Factoring to fulfill their short-term needs to meet their long-term goals
By: Danielle Lacombe and Felicia Bertie |
| 03/18/2008: | $25 Million Factoring Facility For An Acquisition
|
| | $25-million accounts receivable factoring facility with Cumberland Valley Fabricators, Inc. and Waddell Construction, Inc. |
| 02/17/2008: | $250 MILLION IN NEW DEALS IN 2007; RECAPS SIGNIFICANT DEVELOPMENTS OF THE YEAR
|
| | factoring company, announced that it provided $250 million in financing for new deals in 2007. This volume is a record for Platinum since the company began its operations in 1992. |
| 02/08/2008: | THINKING OUTSIDE THE BOX
|
| | New York Invoice Factoring News,
Mr. Dan Rather and Mr. Eyal Levy President and CEO of Platinum Funding Group on the 29th Floor Penthouse Suite occupied by Platinum Funding Group in the historic Bush Tower building. Thinking Outside The Box, a networking series. |
| 01/15/2008: | Landmark case with significant implications for factoring and asset-based lending sectors.
|
| | Decision by Judge Shira A. Scheindlin of the Southern District of New York in Dessert Beauty, Inc. v. Platinum Funding Corp—a landmark case with significant implications for factoring and asset-based lending sectors. |
