Small business financing

This video highlights an example transaction: A $10,000 Toyota invoice is posted by a TRE Seller on the Exchange. A TRE Buyer submits a bid that meets all of the Seller's parameters, winning the auction. The next business day the Seller receives from the Buyer an 80% advance of $8,000 less exchange transaction fees. Thirty days after the auction closes, Toyota pays the $10,000 invoice. Upon invoice payment, $8,000 (plus Buyer fees) is remitted to the Buyer with the remainder being remitted to the Seller.

This BBC interview aired in January 2009.