The Receivables Exchange is the online marketplace for the sale of accounts receivable. Small and midsize businesses gain access to working capital by auctioning invoices to a global network of institutional buyers who compete to buy invoices via a real-time marketplace. By connecting businesses with a community of banks, financing companies and factors looking to purchase outstanding invoices, invoices are turned into cash in as little as 24 hours for as much as 99-98 cents on the dollar. Unlike traditional financing options, The Receivables Exchange offers a fast and virtually risk free financing source to fund and grow businesses.
Current Team (8)Update
Past Team (6)Update
Funding Rounds (4) - $39.8MUpdate
Board Members and Advisors (10)Update
Prism VentureWorks was added to CrunchBase in 2013
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Venture capital firm
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New York Office
437 Madison Avenue, 28th Floor
New York, NY 10022
935 Gravier St., Suite 2100
New Orleans, LA 70112
- 01/27/10 -techcrunch.com