Formerly Debtors Exchange, Credebt Exchange Limited is a web-based exchange that enables invoices to be offered as Exchange Traded Receivables (ETRs) for sale in volume. ETRs are invoices for goods and services supplied to investment grade companies. Credebt Exchange assists organisations of any size to access an alternative source of working capital, through the sale of their investment grade receivable invoices to the Exchange, at a discount to the face value of the invoice.
Investors obtain a yield through purchasing ETRs at a discount to the face value of the invoice from the Exchange. The Credebt Exchange Master Agreement ensures that credit liability is with the ETR debtor company, the payer of the invoice. Credit Default Protection (CDP) ensures capital and yield protection on all ETRs purchased by investors. In the event that an ETR is not settled with 90 days of the expected date, CDP provides the refund to the investor.
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| Address: | 60 Lower Baggot Street, Dublin 2 | ||
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| Phone: | 353 1 685 3600 | ||
| Web address: | www.credebtexchange.com | E-mail: | support@credebtexchange.com |
| Tax: | Deloitte | Audit: | Deloitte |
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| Bankers: | Danske Bank | Legal: | Arthur Cox |