How To Become a Member Company of the Receivables Exchange to Be Topic of June 8, 2011 Free Webinar
Raising Capital Using the Receivables Exchange.
- (1888PressRelease) May 25, 2011 - Raleigh, N.C - The Receivables Exchange, a new capital market funding platform based in New York, will present a webinar on Wednesday, June 8, 2011, at 3 p.m. EDT /12 p.m. PDT.
The webinar title is Raising Capital Using the Receivables Exchange, and will explain how private technology companies can join the Exchange in order to raise capital. The webinar is sponsored by The Private Capital Market, Inc., of Raleigh, N. C., an internet investor relations firm that matches technology companies to sources of capital online.
"The Receivables Exchange is an online marketplace for working capital that lets a company sell its invoices anonymously to qualified buyers and get cash in as little as 2 days," said Thomas Vass, the President of the Private Capital Market. "It is part of a new generation of capital market tools that allow member companies to obtain a fast and assured access to the working capital to fund their business growth."
To be eligible for membership on The Receivables Exchange, the company must meet the following criteria:
· A minimum of $2 million in annual sales
· At least 2 years operating history
· Registered to do business in the U.S.
· Must have B2B or B2G invoices
The Exchange functions as a flexible transaction-based market between buyers and sellers of company receivables. The exchange opens up the sale of receivables to competition from multiple institutional buyers. The buyers compete against each other on a real-time online exchange platform. Competition among buyers means that member companies obtain about 99-98 cents on the dollar for their receivables, on average.
During the 20 minute webinar presentation companies will learn how they can registered as a member of The Receivables Exchange and participants will be able to ask questions and download documents about using the Exchange to raise capital.
Register Now
About The Private Capital Market, Inc. PCM is a sponsor of the June 8, 2011, webinar and a referral marketing partner of the Receivables Exchange. PCM offers online resources and tools for companies to raise capital and to manage communications with potential investors in private, pass-word protected portals. For questions about PCM, please contact Thomas E. Vass, 919 975 4856. (www.privatecapitalmarket.com)
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