The Traderszone Network

Published in TZ Latest News 7 June, 2016 by The TZ Newswire Staff

Invoice Finance Platform To Cover (Some) Investor Losses

As skepticism over the vitality of the alternative lending space grows, one marketplace lender in the invoice financing sector is looking to quell any investor anxiety. Platform Black announced on Monday (June 6) that it will underwrite the first 10 percent of every invoice auction that takes place on its site, meaning it will cover the first 10 percent of any lossesĀ faced by an investor.

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