PlayterBroker

Playter offers UK business owners the ability to smooth out their cash flow, by paying their invoices upfront, and letting them split the payment over 3-12 months.

It isn’t invoice finance or factoring, and they don’t pay interest on the invoices, rather, we charge a subscription fee to offer access to a predetermined amount, which can be used as needed for either purpose.

Plug and Pay - Playter

How it works

  • Upfront payments to suppliers and software providers to negotiate discounts
    while still paying in monthly instalments (up to 25% is the standard for SaaS
    providers).
  • Standard operating costs like rent, marketing, legal or accounting bills.
  • One-off large invoices that would take cash reserves down to unacceptable
    levels.
  • Buying machinery from overseas

It only takes 5 minutes for the assessment, and we can turn around an approval in
less than 24 hours.

A few things to keep in mind when referring to Playter:

  • Facility Limits: £5,000 – £1,000,000.
  • Security: None – Playter facilities are totally unsecured, and no personal guarantees are required.
  • Term: Playter offers subscription lengths of 3-12 months.
  • Repayments: Playter offers customers the ability to have invoices ‘split’ into equal instalments over 3, 6, 9 or 12 months. This applies to both their creditor and debtor invoices.
  • Fees: Playter customers pay a monthly subscription fee based on their facility limit, and their preferred repayment terms. There are no additional fees or charges on invoices split.
  • Application Process: Open banking & accounting software connection. Decisions are made within 24 hours of submission.

Register as a Broker

Manage your deal flow, track clients progress through underwriting, and have full transparency over your commission payments.