Exchange Overview
Credebt Exchange® provides an unrivalled and unique form of Low Cost Capital specifically for organisations in the micro-medium business sector. The Exchange model is substantially different from any other type of traditional working capital/lending model. A summary of the principal differences is highlighted below:
-
Selling model, as opposed to a lending model
-
No liens & no personal guarantees
-
Low discount rates & no ‘face value’ charge
-
Access up to 90% of your invoices’ value quickly
-
Single Membership fee, regardless of volume
-
Payment terms can be greater than 90 days
-
Not required to sell all invoices/entire ‘book’
-
No long term contract & leave at any time
-
No ‘Debtor Concentration’ (i.e. no maximum value per Debtor)
-
Block trading & trade automation are possible
-
No retrospective, refactoring, or review fees
- Simple, streamlined online reporting
Grow Your Business
If accessing your working capital quickly and easily is essential to growing your business, then Credebt Exchange® can help you access the capital ‘locked’ in your invoices now. We convert your invoices into Exchange Traded Receivables [ETR] for sale on the Exchange. ETR offer the best Low Cost Capital and most efficient cash flow solution in the market today.
Your Way
Credebt Exchange® Low Cost Capital uses a unique purchasing/true sale, legal assignment model. You are not borrowing money, you are selling your invoices/ETR. Selling your invoices/ETR dispenses with the onerous requirements associated with traditional lending. As a Member of the Exchange, you only sell what’s needed to meet your capital requirements.
Take Control Now
Take control of your cash flow today and apply for Membership by email using the form below. Priority applications can be processed online or by telephone on 01 799-5499
Related articles