The Receivables Exchange will host a webinar on Thursday, February 16, 2012, featuring Kayle Neeley, Owner and President of the EZ Payroll & Staffing Group of Companies, who will present an innovative receivables-based approach to cash flow management.

The Receivables Exchange will host a webinar on Tuesday, January 31, 2012, featuring Joseph Romano, Partner at Presti & Naegele Accounting Offices. In this one-hour live webinar, Romano will discuss the strategic benefit of having a “cash cushion” for your business, and offer tips for building a cash reserve.

The Receivables Exchange, the leading online marketplace for U.S. receivables sales, today announced that since inception it has funded over $1 billion to small and mid-sized businesses (SMBs). This milestone indicates that businesses are employing The Receivables Exchange’s working capital marketplace as a proven alternative to traditional lines of credit.

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.

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

The Receivables Exchange won the 2011 Best in Biz Bronze Award for Small or Medium Business Product of the Year.

The Wall Street Journal covers The Receivables Exchange one year after we won the publication's 2010 innovation award in the E-Commerce category. The article reports on the growth of the CRP program, launched in September.

Nic Perkin and Justin Brownhill are profiled in the October issue of New Orleans Magazine as co-founders of the “groundbreaking” company The Receivables Exchange.

A column in Forbes.com says that The Receivables Exchange is one of the biggest successes to come out of Finovate Fall 2011, having just embarked on a joint strategic initiative with NYSE Euronext.

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 Wall Street Journal reports that NYSE Euronext has purchased a minority stake in The Receivables Exchange in order to boost its role in helping companies secure short-term funding.

The New Orleans Times-Picayune reports on the joint strategic initiative with NYSE Euronext and calls the Exchange a “model for business development in New Orleans.”

The Receivables Exchange’s Co-Founders Nic Perkin and Justin Brownhill discuss the launch of the Corporate Receivables Program (CRP) in association with NYSE Euronext, and explain how CRP is a smart liquidity solution for NYSE-listed companies and other large firms.

Receivables Exchange Co-Founder Nic Perkin talks with Bloomberg Television’s Margaret Brennan about the benefits of the joint strategic initiative with NYSE Euronext.

NYSE Euronext has acquired a minority stake in The Receivables Exchange (TRE), an online marketplace for US receivables sales.

The company that runs the New York Stock Exchange has taken an ownership stake in The Receivables Exchange, and the two exchanges announced Tuesday a joint program to offer trading in corporate accounts receivable.

NYSE Euronext (NYX) acquired a minority stake in the Receivables Exchange as part of a plan to increase its role helping companies get short-term funding.

SmartBlog on Finance interviews Nic Perkin on how The Receivables Exchange can help small businesses manage their finances.

The Receivables Exchange was featured in an article in Treasury & Risk. The article says the Exchange is more flexible than traditional financing options, and that Sellers can lower their cost of capital by 30 percent.

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's co-founders were again named to Institutional Investor magazine’s annual “Tech 50” List, which honors the most “disruptive” figures in the financial technology sector.

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, 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.

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, 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, 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, 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.

“Since the Exchange opened in 2008, it has registered 1,200 businesses to sell their invoices; 75 buyers, including banks and hedge funds, have signed on to bid on them.”

The Receivables Exchange is featured in an article in Euromoney, which explains how Sellers on the Exchange have lowered their cost of capital by 30%, on average, with some seeing a 50% decrease in cost.

CFO.com profiles The Receivables Exchange in an article on innovative services that help companies turn invoices into cash quickly and easily. The article says that such services are “growing in popularity” and cites The Receivables Exchange's remarkable five-fold growth in the last year.

The Receivables Exchange is a solution for companies whose customers are extending terms and whose suppliers are pushing for quicker payment. Business owners -- including Joe Reini of Mason-Grey, Corp. -- are speeding up their cash flow by selling receivables on the Exchange.

Many economists believe that small businesses are the key to economic recovery, but as SMBs shift into growth mode, the question becomes where will they find the capital to fund that growth? Justin Brownhill and Nicolas Perkin, co-founders of The Receivables Exchange, believe the answer lies in an underutilized asset on most small businesses' balance sheets: accounts receivable.

In a distressed capital market, every asset can be a path to alternative financing--even your company's receivables. That's the notion behind The Receivables Exchange: The New Orleans firm allows companies with at least $2 million in revenue to offer their accounts receivable for sale in an auction format to prospective buyers.

The New Orleans building once proposed as a home for City Hall will soon become the headquarters of The New Orleans Receivables Exchange and, in the process, will take on the company's name, the head of the Receivables Exchange and the owner of the building said.

Chevron Place, which has gone by City Centre since Kingfish Development LLC purchased it from the oil company last year, will soon become The New Orleans Exchange Centre.

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.

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.

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.

A new study conducted by CFO Publishing and The Receivables Exchange reveals that many small and midsize businesses continue to  experience a significant “liquidity gap” when it comes to cash flow, even as large companies are regaining access to the capital markets. The study consisted of a survey of 321 senior finance executives at small and midsize businesses (SMBs) to determine the attitudes and best practices executives are employing to manage cash flow and meet working capital needs.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that Co-Founder and CEO Justin Brownhill was named one of  Silicon Alley Insider’s “Silicon Alley 100,” a listing of New York’s “Coolest Tech People in 2010.”

MSNBC-TV looked to The Receivables Exchange for their “Where’s the Money” segment of the network’s weekly “Your Business” TV show which helps small and midsize businesses. Host JJ Ramberg interviews Nic Perkin on how online receivables financing is being embraced as a mainstream flexible source of affordable capital.

The Receivables Exchange (www.receivablesXchange.com), the world’s first online marketplace for real-time trading of accounts receivable, announced today that it has partnered with Biz2Credit (www.biz2credit.com), an online loan-matching portal to help businesses make informed business financing decisions. The partnership brings the Exchange’s innovative working capital solution to Biz2Credit’s community of over 30,000 small and midsize businesses.

The Receivables Exchange, the world's first online marketplace for real-time trading of commercial receivables, announced today the launch of its Corporate Auctions program. The Exchange also announced that a Top 10 Fortune 500 company has signed on as one of the first Sellers.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that it was named the winner in the e-commerce category of The Wall Street Journal’s 2010 Technology Innovation awards, which recognizes the most important innovators in technology worldwide.

The Wall Street Journal named The Receivables Exchange as a 2010 winner for its WSJ Technology Innovation Awards. The Exchange was chosen for the way it is transforming business financing by creating an efficient and affordable capital marketplace for small and mid-size businesses.

Nic Perkin wants to turn New Orleans into a major financial center.New York has its stock exchange. Chicago has its Mercantile Exchange. And New Orleans now has something called The Receivables Exchange.

The Receivables Exchange was included in a story on TheStreet.com about entrepreneurship and New Orleans recovery.

Scott Cohn interviews Nic Perkin about the rapid growth of The Receivables Exchange since its launch in 2007. CNBC calls the Exchange a “Why didn’t I think of that?” business that’s among the innovative companies leading the entrepreneurial rebirth of New Orleans five years after Hurricane Katrina.

Aided by generous tax incentives, new businesses and entire industries are opening up in New Orleans. They include the Receivables Exchange, an electronic marketplace that allows businesses large and small to sell outstanding invoices to hedge funds rather than wait for payment. The exchange is booming, aided by a receptive business environment in post-Katrina New Orleans, said president and founder Nic Perkin.

Crain’s NY Business Journal discusses how companies are embracing online receivables financing as an affordable way to drive growth.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that receivables trading volume on its market-based trading platform increased 300% YTD as of July 31, 2010.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that it was named to Institutional Investor magazine’s 2010 “Tech 40” list, which recognizes the most important innovators in financial technology

Crain's Chicago Business Journal talks about how The Receivables Exchange has "enabled the creation of a digital receivables auction in which borrowers set their terms and Buyers compete to meet them, turning receivables financing from a buyer's market into a seller's market.

The Louisiana Exchange Sale of Receivables Act addresses an emerging financial trend, in which an institution brokers the sale of accounts receivable between two companies.

The Receivables Exchange Named to Institutional Investor ‘Top 40 Innovators’ annual list. Our game-changing online marketplace was named alongside financial services heavyweights JPMorgan Chase, Bank of America, Bloomberg and many other national and international brands.

The Louisiana legislature passed a law, signed by Gov. Bobby Jindal, making the sale of commercial receivables over electronic exchanges located in Louisiana defensible on a national level as a “true sale” of the asset. A strong true sale statute assures buyers on electronic exchanges that assets they have purchased cannot be recharacterized in the event of seller insolvency.

When Matt Minoff became CEO of the online video advertising network Nabbr about a year ago, the company was being pinched in its role as middleman between the publishers of youth-oriented websites and the advertisers Nabbr matches them with.
 

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that it has been selected as a finalist for the 2010 American Business Awards in two categories.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that it has been selected by Balboa Capital Corporation, the U.S. leader in equipment financing, to deliver its innovative working capital solution to Balboa’s small and midsize business customers across the nation.

In a segment on Bloomberg TV’s “Venture,”  host Cris Valerio spoke with the Exchange’s co-founder and president, Nic Perkin, about lessons he learned as a serial entrepreneur, and how he applied those lessons to create an entirely new platform for real-time receivables trading.

Accounting Today discusses how small business lending remains tight and includes The Receivables Exchange as a “new source” of capital, citing our 66% March growth as evidence of SMB appetite for alternative funding sources.

Looking for stable, short-term investments, banks are starting to purchase corporate accounts receivable from small businesses through an online auction site called the Receivables Exchange.

Nicolas Perkin, President & Co-Founder of The Receivables Exchange, was interviewed for the Bloomberg News Small Business Radio report. In this piece, Nic discusses the tremendous growth of TRE and the flexible source of capital TRE is bringing to small and midsize businesses.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that its market-based working capital solution experienced 66% month-over-month growth in receivables sold in March 2010. Data shows a higher rate of adoption by small and midsize businesses that are freeing up cash at an average of ninety-eight to ninety-nine cents on the dollar.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that Co-Founder and CEO Justin Brownhill has been named a finalist for the Ernst & Young Entrepreneur of the Year® 2010 Award for the Houston and Gulf Coast Area Program.

The Receivables Exchange is introduced as a new financing market and ray of hope for small businesses impacted by the decline of traditional small-business finance and the extended terms of their larger customers.

The Receivables Exchange is an online bidding platform that offers faster remittances and access to pools of cash, such as hedge funds and other private money.

The Receivables Exchange, the world’s leading online marketplace for real-time trading of accounts receivable, announced today that its market-based working capital solution experienced 100% quarter-over-quarter growth in receivables sold as of the end of 2009. With access to competitively-priced capital at their fingertips, many businesses are gaining access to capital for ninety-eight to ninety-nine cents on the dollar, on average. 

Fast Company covered the flourishing startup community that is reshaping the New Orleans economy. The Receivables Exchange is noted as being at the forefront of this innovation boom as the startup that everyone is talking about in New Orleans and beyond.Why You Should Start a Company in... New Orleans

With banks unwilling to lend to any but the most credit-worthy businesses, small businesses are increasingly turning to asset-based lending as a source for capital to fill orders and expand.

The Receivables Exchange has created an online marketplace for small businesses to access upfront cash in exchange for future receivables.

By Wall Street standards it was a small deal. But when, last week, Bain Capital's venture arm led a consortium that injected $17m into Receivables Exchange, a two-year-old New Orleans-based financial company, it encapsulated one of the biggest economic challenges facing the US.

Here’s another finance-related startup to add to the list: The Receivables Exchange, which lets small businesses trade their accounts receivable to cover short-term cash needs. The company raised $17 million in a third round led by Bain Capital Ventures this week.

A New Orleans-based online receivables trading post has closed on $17 million in financing from a group of venture capital firms.

Bain Capital Ventures, the Boston-based venture capital affiliate of Bain Capital, announced an investment in a New Orleans-based company that is helping small businesses turn their cash flow so they can grow and create jobs.

The Receivables Exchange announced that it has closed $17 million in Series C financing led by Boston, MA-based Bain Capital Ventures, with prior investors Redpoint Ventures and Prism Ventureworks participating.

The Receivables Exchange (www.receivablesXchange.com), the world’s first online marketplace for real-time trading of accounts receivable, today announced that it has closed $17 million in Series C financing led by Bain Capital Ventures, with additional commitments from existing investors Redpoint Ventures and Prism Ventureworks.

At a time when small and mid-size businesses are struggling to find access to capital, sister nonprofit organizations International Accounts Payable Professionals and International Accounts Receivable Professionals announced today that they have developed an alliance with The Receivables Exchange to help bolster the working capital management and cash flow position of their members’ companies.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, today announced that it is introducing an integrated working capital solution delivered through Ariba, Inc., (Nasdaq: ARBA), the leading spend management solutions provider.

Early last winter, Joe Reini had an experience that’s become more and more common among small business owners. Reini, president and founder of  15-employee Mason/Grey, an IT systems integration firm, approached the bank he’d worked with for the seven years he’d been in business for a line of credit to help with payroll—and got turned down.

As the economy starts to show veiled hints of a recovery, America’s small and midsize businesses (SMBs) remain cash-constrained with many turning to alternative sources of capital to meet their short-term financing needs. As a result, the practice of selling receivables is showing signs of becoming a growth category as more mainstream companies turn to the age-old financing tool in its new online incarnation.

Amid historic regulatory reforms being considered by the new administration and lawmakers on Capitol Hill, the Coalition for New Credit Models announced its formal launch today as its representatives descended upon Washington.  The Coalition is made up of non-profit, for-profit, and social enterprises using new technologies, products and business models to provide credit and information to millions of consumers and small and midsized businesses.

The Receivables Exchange enables businesses with at least $2 million in annual revenue to sell their invoices to institutional investors for between 97 and 99 cents on the dollar.

The latest issue of Fast Company magazine highlights a unique group of financial startups, including The Receivables Exchange, that are embracing transparency and improving customer service. David Lidsky of Fast Company discuss the trend.

Finally, Ariba offers suppliers the ability to auction their receivables through The Receivables Exchange. As the title of this service implies, a supplier posts information on a receivable it’s holding on the Exchange. The firms that supply capital to the Exchange, such as hedge funds and banks, can bid for the receivable and buy it before it’s due.

Watch as Nic Perkin, President and Co-founder of The Receivables Exchange, talks about the redevelopment of New Orleans and why the Exchange chose to locate in New Orleans.

As the credit crisis continues to pummel small and midsize businesses (SMBs), companies are placing a greater importance on identifying and diversifying their financing sources. The Receivables Exchange announced today that it has launched the Receivables Advisors Program (RAP), a nationwide program to establish Receivables Advisors in all 50 states to help small and midsize businesses increase their short-term financing options.

The founders of The Receivables Exchange, an electronic marketplace for the buying and selling of commercial receivables, decided New Orleans had the identity their company needed to thrive.

With an innovative business model designed to assist small and mid-sized businesses in need of immediate cash flow, the economic downturn nationwide has actually worked to the benefit of The Receivables Exchange.

As the nation’s small and mid-sized businesses continue to bear the brunt of the credit squeeze, many are turning to alternative sources of business financing. New data shows that quarter-over-quarter, more businesses across more industries are selling receivables to fund their growth of their business in these challenging economic times.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, today announced that they were honored alongside GE Capital and Finacity as one of the Top Three for the “Deal of the Year” award by the Association of Trade and Forfaiting in the Americas (ATFA). The global award recognizes the most innovative trade finance related transaction in 2008.

The Receivables Exchange announced that it was named the “2009 Best Web-based Supply Chain Financing Solution” by Global Finance magazine.  The international award recognizes the world’s best supply chain finance providers for innovative business financing solutions to enhance working capital management.

The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, today announced that Lori Hricik, former CEO and Head of JPMorgan Treasury Services has joined the company’s Advisory Board.

The Receivables Exchange is an online exchange for trading in receivables which has much the same functionality as eBay and is attracting trades from a variety of investors.

The Receivables Exchange executives describe it as eBay for receivables. The Receivables Exchange provides the platform for companies like Data Drive Thru to post their invoices.

The Receivables Exchange announced that their website, designed in partnership with Renegade LLC, was recognized as an ‘Official Honoree’ at the 2009 Webby Awards. The Webby Awards celebrate international excellence online and is considered the “Oscars of the Internet.”

Live since December, The Receivables Exchange is an online bidding platform that touts greater control, faster remittances, wider access to global buyers, lower transaction costs, more transparency, and less documentation than other methods. It will accommodate amounts as low as $10,000.

The Receivables Exchange is another perfect example of a game-changing product, plugging small and medium local companies requiring working capital into the global financial system and pairing them with cash rich but investment-shy hedge funds, investment firms, insurance companies around the world.

The Receivables Exchange, a New Orleans company that runs an online marketplace for real-time trading of accounts receivable, has closed a $7.75 million financing round through Redpoint Ventures, with reinvestment from Prism Ventureworks.