The Receivables Exchange was featured in a piece on Bloomberg Radio, which includes an interview with Exchange Co-Founder Nic Perkin. Bloomberg’s John Tucker presents the Exchange as a solution to the “cash flow crisis” facing small and midsize businesses, with large companies continuing to extend payment terms beyond what is sustainable.
The piece quotes Exchange Co-Founder Nic Perkin, who says that The Receivables Exchange strives to “take net 30, net 60 and net 90, and turn it into net 1.” Perkin says that “working capital owed to small and midsize companies is the largest credit product in the world.
To find out how much working capital financing you could be getting with The Receivables Exchange, try our Capital Access Calculator.
Product: ING Direct High Interest Savings Account.
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