Receivables Exchange to Offer $5,000 for Customer Referrals

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. Individuals with friends and contacts who could benefit from a flexible, affordable source of working capital can register to become Referral Partners.

Starting today, Referral Partners can choose between two compensation options for their referrals: the existing option where commission is based on a referral's trading activity on the Exchange, and the new option, a $5,000 lump sum payment for each referral. Referred businesses must trade at least once a month for three calendar months after their first trade for the Referral Partner to earn the $5,000 payment. Additionally, The Receivables Exchange is now offering $1,000 to Referral Partners who refer additional Referral Partners, when the new partner introduces a prospect to the Exchange.*

"We're excited to offer this incentive to help bring more companies to our online marketplace for working capital," said Justin Brownhill, co-founder and CEO of The Receivables Exchange. "The Receivables Exchange has changed the business financing landscape by offering an innovative alternative for small and midsize businesses, which traditionally have had few options for raising capital. We are a working capital solution for businesses looking to take control of cash flow affordably, and without the constraints of traditional financing."

Called the most innovative e-commerce company in the world for 2010 by The Wall Street Journal, The Receivables Exchange connects businesses that need capital to a global network of qualified institutional investors who compete to buy invoices via a real-time marketplace. The competitive auction format drives down the cost of capital for small and midsize businesses (by 30%, on average), giving them the affordable working capital they need, on their terms. Institutional investors can diversify their portfolios by purchasing receivables on the Exchange, and tap into a $17 trillion market for U.S. receivables.

Referral Partners work independently to connect eligible businesses to The Receivables Exchange, helping them tap into the billions of liquidity available on the Exchange's online marketplace for receivables financing. The Exchange provides Referral Partners with sales and marketing tools, product training, and customer support and technical assistance to optimize the referral process.

Small and midsize businesses who sell their receivables on the Exchange enjoy these benefits:

• Access: The Exchange gives businesses flexible, affordable and continuous access to the working capital they need, so they can stop worrying about cash flow and focus more on growth and success.
• Speed: Businesses can turn invoices into cash in as little as 2 business days, shortening DSO and speeding up the Cash Conversion Cycle.
• Affordability: Get as much as 99-98 cents on the dollar for your receivables, and lower your cost of capital by 30%, on average.
• Flexibility: Get cash for a single invoice or all your invoices. Use it for financing that's virtually "on demand."
• Fewer restrictions: The Receivables Exchange does not require you to notify your customers that you've auctioned their invoices. The Exchange does not require personal guarantees, all-asset liens, or credit limits. There are no hidden costs or monthly minimums.

For more information about the referral program, and to sign up to become a Referral Partner, click here or call 855-242-6554.