INDUSTRIES
APPAREL
Platinum Funding Group has been serving the apparel industry since 1992. We understand the seasonal nature of the business and therefore seek to help you through all phases of the cycle. We also provide letters of credit both domestic and international allowing you to secure product for your orders and pay suppliers in a timely manner.
CHEMICALS & PLASTICS
We help the chemicals and plastic sector follow their production cycles with adapted financial products that address the challenges of the sector. Lengthy manufacturing and delivery cycles put a strain on your financial vitality. Platinum’s accounts receivable factoring program will allow you to reduce your collection days, improving your cash flow and streamlining your revenue instantly.
CONSULTING
Platinum Funding Group offers financial services to the consulting industry, with products that cater to companies both large and small. Factoring your invoices with us will give you the peace of mind that you deserve. We’ll provide you with funds as soon as your receivables are accepted and take care of the collection on your behalf by becoming your back office.
COSMETICS
With Platinum Funding Group’s assistance, you can gain access to unlimited working capital through the creditworthiness of your customers. With our letters of credit and factoring services, you can stream your revenue. Since 1992, Platinum has assisted many cosmetic companies in an effort to facilitate and promote their growth and help them become leaders in their field. top
ELECTRONICS
The electronics industry finds a source of financial strength in Platinum Funding Group. Our invoice factoring programs allow your company to establish financial power, especially since we provide same day funding and take care of collections on your behalf. This will enable you to dedicate your energy to the core of your business. Our financial programs will help you remain abreast of the latest technological developments, staying competitive in your field. top
ENTERTAINMENT
Because we can react instantly to meet our clients’ needs, the entertainment industry has trusted us to provide the financial services they need to remain competitive. top
ENERGY
Whether you need increased cash flow because of a long manufacturing cycle or because of exponential growth, Platinum Funding Group understands the needs of the energy industry. We provide flexible, immediate funding through factoring of your accounts receivable. Factor a little or factor a lot. The final decision is up to you. top
FOOD & BEVERAGE DISTRIBUTION
Thanks to Platinum Funding Group, the food distribution sector has the opportunity to secure better pricing from its suppliers through the realization of suppliers’ discounts. We provide you with the opportunity to pay your suppliers ahead of time. We advance our clients money when they deliver their goods and invoice for them, allowing clients to better monitor their cash flow. top
FURNITURE & HOUSEWARES
Platinum Funding Group helps furniture and housewares companies gain stability and growth. We provide letters of credit for overseas manufacturing; our inspectors make sure the products are compliant with the orders. Our factoring services help furniture companies manage their cash flow. top
GOVERNMENT CONTRACTORS
You can greatly benefit from our services, improve your cash flow and use the federal, state or local government’s solvency to help stabilize your company’s financial condition. Through our factoring services, letters of credit or purchase order financing, we provide you with the opportunity to expand your business.
At Platinum, we have extensive expertise in handling government rules and regulations and therefore feel comfortable with advancing you money against work
that was performed or goods that were delivered. top
GRAPHIC DESIGN COMPANIES
Because your customers’ payment terms are 30 to 60 days, we can provide much needed cash flow, by purchasing your accounts receivable. At Platinum Funding Group, you receve the payment on the day your invoice is issued. top
IMPORTERS (apparel, diamonds, home furnishings, chemicals, etc.)
Our admissions process makes it very simple to secure funding. Our line of products includes factoring, letters of credit, and purchase order financing. Regardless of whether you are a U.S. or foreign-based corporation, or your credit rating is high or low, you can benefit from our services since we only look only at your customers’ creditworthiness. top
IT COMPANIES
While certainly enviable, the rapid growth of IT staffing companies presents some serious financial challenges. The industry’s primary overhead is its payroll. Although we know that employees are paid on a weekly basis or every other week, clients pay for their staffing services over a period of 60 to 70 days. We can help you bridge the gap so that your company can continue to grow. If your customer is creditworthy, we can advance you money immediately for the work that was performed. top
JANITORIAL & BUILDING MAINTENANCE
At Platinum Funding Group, we understand that your overhead expenses are paid on a weekly basis, even though your customers benefit from a payment term of 30 to 60 days. With our invoice factoring plans, you can receive funding as soon as you invoice your customer. top
LIMOusine SERVICES
We help car service and limousine companies with their financial challenges, considering that overhead expenses typically don’t match the payment schedules of their customers. Platinum Funding Group’s invoice factoring plan can help you restructure your revenue so that your invoices are instantly transformed into cash. Once you invoice your customer for the services you have provided, we can advance you money. top
MANUFACTURING
Platinum Funding Group offers the manufacturing community a solid list of financing options. We can provide funding, letters of credit and accounts receivable management so that no business opportunity escapes you. Since 1992, Platinum has had vast experience in assisting manufacturers in a variety of fields. top
MEDIA & COMMUNICATION
When the media and communications industries turn to us for assistance with their accounts receivable, we provide them with the necessary financial support. top
METALS & MINING
Platinum Funding Group provides the metals and mining industry the financial solutions they need. We understand that a lengthy production cycle creates strain. Through a line of financial products that includes factoring, bridge funding and purchase order financing, we can help your sector remain competitive. top
MODELING AGENCIES
We have partnered with several modeling agencies who utilize our factoring services. We can help streamline your revenue, turning your invoices into cash as soon as they are created. With Platinum Funding Group, you have the choice of factoring some or all of your accounts receivable. top
PHOTOGRAPHIC LABORATORIES
Because your overhead expenses have to be paid on a regular basis, but your customers only pay you after 30 to 60 days, we offer to bridge the gap, providing needed cash flow to help you grow and expand your business. top
PRINTING, PUBLISHING & PAPER
We understand the complexity of the printing, publishing and paper industries. Be it the fluctuating cost of your raw materials, the need to modernize your mills or the cost of shipping, we supply your business with adequate financial solutions. top
PROFESSIONAL SERVICES
Whether you are an accountant, an attorney, or a consultant, we can help streamline your revenue with our factoring program. Your accounts receivable are instantly converted into revenue. Platinum Funding Group takes care of the collections process on your behalf, freeing up your time to focus on strengthening your business. top
SECURITY GUARD AGENCIES
Platinum Funding Group understands the specific needs companies providing security guard services. The need to pay your employees on daily or weekly basis does not match up with 30-60 days payment terms that you often offer your customers. Platinum helps you bridge the cash flow gap with our factoring services. top
SERVICE INDUSTRY
Platinum Funding Group is aware of the specific nature of the service industry. We know that any disruption in your business can have negative implications for your clients and may lead to a possible loss of business. We strive to help you avoid these situations. top
SMALL BUSINESS
In a fast-paced business world, Platinum Funding Group gives small businesses the opportunity to grow. Through our purchase order finance and factoring programs, we offer tailored financial solutions to recently established or undercapitalized corporations realizing their potential for growing exponentially. top
SOFTWARE INDUSTRY
We help companies in the software industry achieve financial stability. Whether your company is undercapitalized or your growth is exponential, we can help you realize the full potential of your accounts receivable. Our process is flexible, fast and trouble-free, as we look at the solvency of your customers rather than your own financial vitality. top
TECHNOLOGY
The technology industry is faced with specific challenges involving constant innovation and progress. We understand the complexities of your business and the fact that your financial strength is crucial to keeping up with such innovations. Our factoring services help you maintain strong investments to uphold your technological advancement. top
TELECOMMUNICATIONS
In the expensive industry of telecommunications, we understand that cash flow is crucial to absorb the costs of expanding networks and services. We help your industry remain financially strong so that you can keep up with rapid technological change and depreciation. With our accounts receivable factoring programs, you will show earnings as soon as invoices are created and help raise the value of your company. top
TEMPORARY STAFFING AGENCIES
We understand that payroll, your main overhead expense, is distributed on a weekly basis. Our invoice factoring programs help you streamline your revenue to produce a timely correlation between your expenses and your revenue. Because we are flexible and fast, you can choose to factor as much and as often as is necessary. top
TRANSPORTATION
The transportation sector benefits greatly from our factoring products as we help limit the strain from lengthy production cycles and rationalize your revenue. As soon as you create your invoice, Platinum Funding Group can provide you with necessary funds. Because there is no need to wait and there are no delays in funding, Platinum’s factoring programs can tremendously improve your cash flow. top
WHOLESALE DISTRIBUTION
In wholesale distribution, minimizing the interval between your shipping day and your collection day is critical to the financial vitality of your business. With Platinum Funding Group, you can reduce this gap by a substantial margin. You start showing revenue at the very moment you produce invoices. By purchasing your accounts receivable, our factoring program can help you improve your cash flow instantly while avoiding debt. top
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