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Platinum1 Financial

Platinum1 Financial

Annual Revenue:
$250,001-$500,000
Number of Employees:
1-9
Seeking Investors?:
no

I am Edward Brabham Jr., owner of Platinum1 Financial. We work with various types of business owners nationwide who may be experiencing difficulties in obtaining traditional bank loans.

Due to the current economic climate, and with banks having more stringent lending guidelines, many small-medium size business owners are finding it rather difficult to obtain a traditional bank loan. Because of these conditions they are forced to seek out alternative sources of funding to keep their businesses operating. Platinum1 Financial was created out of a need to assist business owners in succeeding in these difficult times. We offer alternative working capital in the form of a Merchant Cash Advance.

A Merchant Cash Advance is an "unsecured loan" which allows a business owner to borrow cash against their average monthly credit card sales and cash flow. The funds are paid back via an automated process by which the lender retrieves a fixed percentage from the credit card sales of the business.

The Cash Advance loan guidelines are less stringent but are usually more expensive when compared to a traditional bank loan. They are for businesses that need the money fast and are willing to pay a higher rate for it.

Thank you for the opportunity and we look forward to working with you.