Credebt Exchange® was founded in 2011, specifically to address two important issues in the economy: 1. liquidity in the micro-medium business sector; and 2. providing a strong, stable, cash equivalent alternative to bank deposits for Investors. Trading commenced in July, 2013 and Credebt …
Today and subject to final contract, GLI Finance Limited (AIM: GLIF) signed an agreement to act as the lead Investor to provide €25.0m of funding to the Exchange. This will bring the total year-to-date funding on the Exchange to €30.m and provides for a further capacity to purchase in excess …
Investors’ funds are protected using 4-Tier Capital Protection, as follows: ETR Off-Set – ETR not Settled (i.e. paid in full) are replaced with Eligible ETR Originator Reserve – paid from Reserve on all Traded ETR (averages 10% of all ETR) …