Before the market imploded, every other advertisement on television was for aggressive lending practices with the premise of banks contending to present the best terms and rates for loans to mid-sized and small firms or individuals. Well, that no longer subsists as balance sheet losses heap up and banks maintain a firm strap on credit. In reaction, many mid-sized and small businesses have turned to alternative strategies to source capital required to expand their business.

The Receivables Exchange permits mid-sized and small businesses to sell their accounts receivable to investment entities that contend in real-time to buy those receivables, giving the business the control instead of the financing institution. By utilizing receivables finance, these firms can swiftly raise their cash flow and take control of their working capital.

To get in progress, selling receivables on the Exchange, a business should finish an online application and offer company data together with financials, which is then sent for approval and validation. Once permitted the Seller pays a one-time fee to join and can list as many invoices as he wishes to sell as long as the total value of the invoices in the auction meets the $10,000 minimum.

The Seller then makes the auction, shaping how long the auction will persist (3-10 days), the smallest advance amount he will accept, and the highest discount fee he will pay.
A bank loan comes with numerous conditions and terms that can throttle the ingenuity and creativity of a mid-sized to small business and restrict their spend elasticity including what the loan can be utilized for.

Pumping cash into a business provides it the fuel required for enlargement and the receivables auction procedure permits the business to control its cash flow permitting it to organize its own providence. This procedure is fairly painless and simple. There are fees, but when compared to the outlook of having to host a "going out of business" sale, these fees seem ostensible plus, the Seller has a say in what he pays the Buyer.

Being violent about small business cash flow interprets into opportunity and growth. To contend and flourish, capital is essential to add new equipment, add employees, build inventory and explore the business. The Seller has services or goods (invoices) and the Buyer has capital (cash). The online receivables exchange is a congregation ground for the two to come together and make a pact. And because there is an international network of purchasers bidding, the seller can get a competitive cost of capital.