Platinum Rapid Funding Group offers funding to entrepreneurs and business owners, so they can get the capital they require to continue to thrive in business.
Ali Mayar, the CEO and founder started his career in the finance sector, prior to switching to his present role now.
While working as a finance executive, he saw how entrepreneurs often struggled to obtain the necessary funding to expand their companies. Mayar leads his staff to fulfill the varied requirements of his clients each day. Recently, we caught up with Ali Mayar to talk about entrepreneurship.
How does your company operate with respect to meeting client needs?
We arrange funding solutions for entrepreneurs and company owners, who are unable to receive funding from traditional funding sources, like credit sources and banks. These companies need a leg up, so we’re prepared to step in and help them along their way.
Can you give examples of the sorts of companies that Platinum Rapid Funding usually works with?
There is no ‘typical’ company that we serve. Essentially, if a business sells its’ service or product straight to customers and processes debit or credit card transactions, we will consider helping.
Previously, some of the businesses we have served were in the wholesale, retail, hospitality and restaurant sectors, however we are always open to new challenges. If you are unsure whether your business will benefit from our funding options, simply get in touch with us to discuss your situation.
What are the various funding solutions that Platinum Rapid Funding provides?
We provide a diverse range of merchant funding solutions for businesses in just about every sector. Examples include credit card splits or merchant ACH funding, with different levels of funding up to five million dollars — as well as others.
Do you work with startup companies?
Regrettably, we can’t do this. Our whole business strategy is based on calculating the quantity of capital we can offer a company, using its’ receivables.
Startup enterprises have yet to establish any receivables history, which makes it extremely difficult to apply our strategy to their circumstances. Notwithstanding, we do sometimes help businesses that were startups previously, but have acquired a receivables history in the meantime. If you have been running your company for at least twelve months, we would be more than happy to hear from you when you next need some capital.
Where can people find out more about what you do?
They can find out more about Platinum Rapid Funding Group and my career background, by visiting my personal website http://www.alihabibmayar.com.
This site is a great place for people who want to learn about the industry I work in, especially the areas that relate to merchant cash advances, along with some other details. In addition, people can visit Platinum Rapid Funding Group’s official website at http://www.platinumrapidfunding.com.
Here, they will be able to learn all about their options for acquiring working capital and submit a funding application if they so desire.
