Platinum Funding Group Relocates Back-Office Functions to Midtown.

New York, NY (PRWEB) April 26, 2007 -- After a lot of hard work and planning, Platinum Funding Group back office and operations have relocated from Hackensack, New Jersey to the 26th floor of the historic Bush Tower located at 130 West 42nd Street in Manhattan, New York. The Bush Tower has housed Platinum Funding Group's headquarters on its 28th floor Penthouse for five years.

The Bush Tower, built by the Bush Terminal Company in 1916, originally operated as an international merchandise market, and became the prototype for New York City skyscrapers of that time. The narrow, neo-gothic mid-block building is famously celebrated by architect enthusiasts for its unusual decorated brick side elevations. Located steps from Time Square, the building is steps away from an array of restaurants, retail outlets and Bryant Park. Platinum Funding Group's neighbors include CIT, Ernst & Young, Conde Nast, Reuters and other international media and financial giants.

"This move was essential to accommodate the rapid growth Platinum has experienced in recent years," says Eyal Levy, Chairman and CEO of Platinum Funding Group. "We needed to put all operations under the same roof to better serve our customers and monitor our operations more efficiently."

With Platinum Funding Group's steady growth, which includes expanding its presence in Europe and Latin America, there are plans to add the Bush Tower's 29th floor penthouse suite as the space for the new executive offices.

About Platinum Funding Group
Platinum Funding Group is a leading factoring company that provides clients with accounts receivable funding, letters of credit, bridge funding and accounts receivable management. Established in 1992, Platinum Funding Group has consistently assisted companies with annual sales between $1 million and $150 million. Platinum Funding Group possesses the financial resources to serve the needs of companies across more than 30 industries. Platinum Funding Group issues same-day advances on accounts receivable to early-stage, fast growing firms and companies in Chapter 11. Platinum Funding Group is headquartered in New York City and has regional offices throughout the US.

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