Press Releases

The Receivables Exchange Announces Strategic Alliance with Insperity

December 28, 2011

The Receivables Exchange, the leading online marketplace for U.S. receivables sales, today announced a strategic alliance with Insperity (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses.

Justin A. Brownhill of The Receivables Exchange Elected to Board of Association of Trade & Forfaiting in the Americas (ATFA)

December 13, 2011

The Receivables Exchange (TRE), the leading online marketplace for U.S. receivables sales, today announced that its co-founder and CEO, Justin A. Brownhill, has been elected to the Board of Directors of the Association of Trade & Forfaiting in the Americas (ATFA).

The Receivables Exchange Presents Free Business Financing Webinar on December 13

December 8, 2011

The Receivables Exchange will host a free webinar on Tuesday, December 13, 2011, "Bank Loan Covenants:  What You Need to Know Before You Sign” with Charles Green.

The Receivables Exchange Appoints Corey B. Davis as Vice President of Business Development

December 5, 2011

The Receivables Exchange (TRE), the leading online marketplace for U.S. receivables sales, today announced the appointment of Corey B. Davis as Vice President of Business Development.

NYSE Euronext and The Receivables Exchange to Jointly Market Corporate Receivables Program to NYSE Listed Issuers and Other Companies

September 13, 2011

NYSE Euronext (NYSE) and The Receivables Exchange (TRE), the leading online marketplace for U.S. receivables sales, today announced the launch of a joint strategic initiative to market TRE's Corporate Receivables Program (CRP) to potential sellers, including New York Stock Exchange listed companies. Under terms of the arrangement, the NYSE has acquired a minority ownership position in TRE. Terms of the investment were not disclosed.

The Receivables Exchange Appoints Gregory S. Kenepp Chief Marketing Officer

July 19, 2011

The Receivables Exchange (TRE), the online marketplace for U.S. receivables sales, today announced the appointment of Gregory S. Kenepp as Chief Marketing Officer, responsible for the Company’s overall marketing strategy.

The Receivables Exchange Co-Founders Named to Institutional Investor’s Annual List of the Most 'Disruptive' People in Financial Technology

July 11, 2011

The Receivables Exchange's co-founders, Justin Brownhill and Nic Perkin, were again named to Institutional Investor magazine’s annual “Tech 50” List, which honors the most “disruptive” figures in the financial technology sector. Institutional Investor called The Receivables Exchange a “classic example of financial technology entrepreneurship,” which has brought efficiency and transparency to the business receivables marketplace.

The Receivables Exchange Wins 2011 “Management Team of the Year” Award at the American Business (Stevie®) Awards

June 21, 2011

The Receivables Exchange, the real-time online marketplace for the sale and purchase of receivables, today announced that it won the 2011 “Management Team of the Year” award at the American Business Awards.

Receivables Exchange to Offer $5,000 for Customer Referrals

May 5, 2011

As small and midsize businesses continue to seek alternative solutions for funding their companies, The Receivables Exchange announced that it is now offering $5,000 per referral to Referral Partners who introduce eligible businesses to its working capital marketplace.

The Receivables Exchange Wins ACG Louisiana’s 2011 Emerging Growth Company Award

May 3, 2011

The Receivables Exchange, the real-time online marketplace for working capital, announced today that it is the recipient of the 2011 Emerging Growth Company award from the Louisiana chapter of the Association for Corporate Growth (ACG). The award is recognition for the Exchange’s phenomenal growth in 2010, when trading volume on its market-based platform increased by 466%. It is also a testament to the success of this innovative Louisiana-based company in changing the landscape of business financing.

The Receivables Exchange Partners with Coupa to Offer Suppliers Efficient Access to Working Capital

April 12, 2011

The Receivables Exchange, the real-time online marketplace for working capital financing, announced today that it has partnered with Coupa, developer of category-disrupting cloud spend management (CSM) solutions, to offer the Exchange’s innovative cash flow solution to Coupa Suppliers. The partnership unites two companies that are using leading-edge technology to change the way businesses manage working capital and control indirect spending.

The Receivables Exchange Reports 466% Growth in 2010

March 23, 2011

The Receivables Exchange, the real-time online marketplace for working capital financing, announced today that receivables trading volume on its market-based platform increased 466% in 2010. This nearly five-fold growth indicates that businesses are embracing the Exchange’s online working capital marketplace as a proven method of managing cash flow.

Small, Midsize Companies Need Working Capital Management Alternatives

January 7, 2011

Research published by CFO and The Receivables Exchange indicates that most senior finance execs feel very little control over their working capital management and many report significant pressure from larger customers extending terms. Receivables financing is being adopted as an affordable working capital management tool by senior executives at companies employing best practices in working capital.

Downtown Landmark Building to be Renamed “The New Orleans Exchange Centre”

January 7, 2011

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that, as it continues to expand its operations, it will move its New Orleans headquarters to the former Chevron Place at 935 Gravier St. and assume naming rights to the building.

Joseph Leone Joins Distinguished Board of Advisors of The Receivables Exchange

January 5, 2011

The Receivables Exchange today announced that Joseph Leone, former vice chairman and chief financial officer of CIT Group, has joined the company’s Advisory Board.