Platform Black clinches prestigious 'Alternative Lender of the Year' award

Platform Black clinches prestigious 'Alternative Lender of the Year' award

Platform Black was crowned ‘Alternative Lender of the Year' at last night's Credit Today Awards' ceremony, which were presented at the Grosvenor House hotel in London.

The company, which is a leading Invoice Trading firm, clinched the award ahead of some of the premier names in the Alternative Finance industry. Judges praised Platform Black's ‘solid blend of innovation and conventional growth'.

Platform Black co-founder Louise Beaumont said: "This is another fantastic accolade for the Platform Black team and we are delighted with the judges' assessment."

"As Platform Black, and alternative finance in general, becomes increasingly mainstream, it is important for the market to recognise that new players like ourselves, that are innovating and delivering what customers want, aren't asking customers to compromise on traditional service values, including accessibility, responsiveness and capacity to lend. This award is important recognition that we are getting the blend right and a major landmark in our journey to becoming a leading provider of cashflow finance to Britain's SMEs."

Platform Black enables SMEs to select the invoices they want to finance and set the price they are prepared to pay, empowering British businesses to control their own cashflow. Since its launch in 2011, the company has advanced £60 million to Britain's SMEs and is providing access to over £1 million per week in new finance.

Platform Black is a member of the Alternative Business Funding collaboration, which is consulting with the Government on how to improve access to finance for SMEs following the commitments made by George Osborne in the March 2014 Budget.

For more information, or to arrange an interview with Louise Beaumont, please contact Anita Saunders on: 01825 765617/07795 344076 or by email: anita@themarketingeye.com

Notes to editors:

• Platform Black offers an innovative platform where customers trade their invoices.
• Platform Black offers a flexible service that allows businesses to raise money when they need it - at a price they set, or less. The service offers companies a straightforward way to release the money tied up in outstanding invoices back into the business.
• Platform Black has advanced more than £60 million to UK businesses to date and it is providing access to over £1 million per week in new finance.
• During 2013, over 850 auctions were held, with a 100% success rate.
• Platform Black was founded by Louise Beaumont and Colin Levins in 2011.
• In addition to Invoice Trading, Platform Black also offers Supply Chain Finance - which allows suppliers to auction company-validated invoices at attractive terms.

Posted: 2nd of December 2014


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