Bringing competitively priced instant
finance to SMEs via invoice trading
Our easy-to-use, online invoice trading auction is a transparent service that empowers SMEs, and allows them to function without the strait-jacket of money that could be put to good use being tied up in outstanding invoices.
As all auctions require buyers and sellers so does Platform Black Invoice Trading, and we are working with High Street Banks and Asset-Based Lenders, plus less traditional buyers such as Liquidity Funds, Family Offices and High Net Worth individuals. All of which means that sellers using Platform Black have access to a wide range of buyers, all competing to win their auctions, by offering them the most favourable terms.
Just one example of our commitment to our Members can be demonstrated by our relationship with Experian, whose credit rating service is integrated into Platform Black, so that our Members have up-to-date credit rating data at their fingertips.
SMEs tell us that traditional forms of invoice finance don’t work for them because Factors and Invoice Discounters insist on taking on their full sales ledger, and there are too many hidden fees along with variable interest payments depending on when a customer settles the invoice. Additionally, there are draw down limits per customer, and they are locked into one interest rate for long periods without the ability to access a free market.
Platform Black Invoice Trading delivers competitively priced instant finance via invoice trading.
How does the process work?
SME needs to release funds
tied up in invoices, and registers
as a Seller with Platform Black.
The Seller sets up an Auction,
choosing parameters that
work for them.
Buyers are alerted and start
bidding on the auction.
The Auction closes and the
winning bidder transfers funds
to Platform Black which are
then passed on to the Seller.
The Seller benefits from competitively priced instant finance and an improved cashflow.
Register to become a member seller
Benefits
Access to fast and flexible finance
- Competitively priced working capital
- Funds within days not months
- No arrangement, annual or exit fees
- No debtor concentration issues
- No reporting requirements
- No lock-ins or notice period
- No minimum or maximum auction sizes
- No debentures or personal guarantees
- From application to membership in 48 hours
- Improved cashflow, fast
- Lifetime membership for £310
Case Studies
Invoice Trading delivers instant finance.
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Inside Sixty Day credit period
Members
Partners
