Credebt Exchange® enables service and goods providers to offer their invoices as Exchange Traded Receivables [ETR] for sale on the Exchange. These ETR are attractive to Investors and when purchased on the Exchange, this provides Alternative Working Capital to the Originator/seller. A key objective for Credebt Exchange® is to achieve rates that are comparable to, and preferably less than, other commercial finance lending rates. By selling ETR, the trading organisation is avoiding the need for loans and/or credit facilities by using the ETR to provide Alternative Working Capital
Other briefings
Credebt ExchangeSince its foundation in 2011, Credebt Exchange® has been purchasing invoices on a revolving basis from Originators that are members of the Exchange. These invoice, or Exchange Traded Receivables [ETR], are payable by the Originators’ customers, or Debtors...
Exchange Opens for BusinessThe first two Investors both confirmed their initial investments in ETR today. Both are deposit investments and the Buy rate commences on 25th February for an initial.......
System ArchitectureThe overall architecture of Credebt Exchange® is finalised ready for production and line programming. The system's language, structure, design, flow and detailed specifications are all completed...
