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General Information

Websitereceivablesxchang...
CategoryWeb
Phone(800) 658-5880
Emailinfo@receivablesx...
Employees
Founded1/08

Offices

New Orleans, USA
220 Camp Street, 5th Floor
New Orleans, LA, 70130
USA

People

Co-Founder and CEO
Co-Founder an President
Director
Board Observer
Director

Funding

The Receivables Exchange

The Receivables Exchange makes it fast, easy and efficient for small and medium-sized businesses to gain quick access to working capital at a competitive cost, because time and money are a luxury that most small and medium-sized business owners don’t have.

Nicolas Perkin, co-founder and President, formed The Receivables Exchange to provide growing companies with financing. Nic’s experience in starting and growing companies led him to conceptualize new and faster means of getting working capital.

Where Perkin envisioned the idea of modernizing accounts receivable, Justin Brownhill, co-founder and CEO, conceptualized an exchange. Justin drew from his years of experience in exchange strategy and trading technology to structure a marketplace, where accounts receivable could be funded and traded like other assets on an exchange.

The result is a real-time, online competitive marketplace for accounts receivable to give companies the ability to generate cash flow quickly and as competitively as possible.

Using technology provided by the architects of the New York Stock Exchange bond trading platform, The Receivables Exchange has built the foundation for a global capital market for US companies.

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Sources

  1. The Receivables Exchange’s Membership Exceeds $500 Million in Accounts Receivable Turnover (businesswire.com) [edit]
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Last Edited 6/13/08

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