Funding Received
$39.8 Million in 4 Rounds from 6 Investors
Most Recent Funding
$10 Million Private Equity on June 24, 2013
Founded:
April, 2007
Headquarters:
New Orleans, LA
Description:
The Receivables Exchange is an online marketplace for the sale and purchase of accounts receivable.
Founders:
Nicolas Perkin, Justin Brownhill
Categories:
Finance, E-Commerce
Website:
http://recx.com/

Detailed Description

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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 (6)

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Past Team (8)

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Board Members and Advisors (11)

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Investors (6)

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Offices/Locations (2)

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  • New York Office

    437 Madison Avenue, 28th Floor

    New York, NY 10022

    USA

  • Headquarters

    935 Gravier St., Suite 2100

    New Orleans, LA 70112

    USA

Images (1)

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  • 0654032a9845cf2caf1913cce369db58