Hendry joins an invigorated sales team to broaden reach of company’s financial solutions

Platform Black has appointed Iain Hendry as New Business Manager, in a further move to support the company’s growth and ensure more businesses have access to their innovative working capital solutions.

Hendry joins at an exciting time as the team has been invigorated with a selection of new appointments, most notably Richard Whitehouse’s recent appointment as Sales Director.

With a refreshed sales strategy in place Hendry will be responsible for broadening the reach of Platform Black’s solutions. Working closely with their intermediary network to ensure UK businesses receive the advice and support they need, and helping them identify the most appropriate financing solution for their business. He will also work with existing clients to ensure that their ongoing working capital requirements are met to support their growth aspirations.

Hendry brings with him solid experience in invoice finance having worked for several leading players in the market, most notably Aldermore, Santander and Barclays Corporate.

As Hendry commented: “Businesses expect more from their financial providers and I am excited about being able to show how Platform Black can meet these expectations and provide funding solutions to our clients. From the speed of putting a facility into place, to the price paid and security provided, the whole process is transparent, flexible and upfront, and that’s what makes Platform Black more than competitive compared with traditional sources of funding.

“Whether it’s supporting working capital needs with invoice trading or ensuring faster payments using supply chain finance, protecting those important supplier relationships –  Platform Black delivers”.

Platform Black has seen consistent growth, with a turnover of £44 million last year. The company attributes this continued growth to delivering fast and flexible finance solutions to clients on its own terms.

Richard Whitehouse, Sales Director at Platform Black, said; “Iain is a great addition to the team. He has demonstrated consistently over the years, his ability to build great working relationships with intermediaries and a perceptive knowledge and understanding of what clients need from their finance partner to succeed. With uncertain economic times ahead, businesses need to know they have a reliable and consistent source of funding to support them. As a company, we have had a record year, with zero percent defaults in the past 18 months, and as a result we are gearing up our efforts to ensure more UK businesses have access to finance solutions that work for them”.