Fast, affordable access to working capital, regardless of size.
The Receivables Exchange is the online marketplace for selling accounts receivable. We connect businesses seeking working capital to a global network of accredited institutional Buyers. Since its inception, the Exchange has helped thousands of companies get capital on their terms.
The Receivables Exchange LLC, with offices in New Orleans and New York, is a subsidiary of the New Orleans Exchange (NOE).
|Our company's history|
|December 2011||Reached mark of $1 billion funded to SMBs through The Receivables Exchange since inception|
|December 2011||Announced strategic alliance with Insperity|
|September 2011||Launched Corporate Receivables Program in association with NYSE Euronext. NYSE takes minority ownership position in The Receivables Exchange|
|March 2011||Announced that receivables trading volume on The Receivables Exchange's market-based platform increased 466% in 2010|
|July 2010||First trade in Large Corporate Receivables|
|February 2010||Secured $17 million in Series C funding from Bain Capital Ventures|
|July 2009||Patent filed; enables commoditization and trading of accounts receivable|
|February 2009||The Receivables Exchange closes $7.75 million in Series B financing led by Redpoint Ventures with re-investment from Prism VentureWorks|
|November 2008||The Receivables Exchange launches, live trading begins|
|July 2008||Provisional patent filed|
|April 2008||New York office established to support institutional Buyers|
|November 2007||Secured additional funding from Fidelity Ventures|
|October 2007||Secured $4.2 million in Series A funding from Prism VentureWorks|
|April 2007||The Receivables Exchange is founded in New Orleans as the world's first online marketplace for the trading of accounts receivable|