Category: Blog

Intermediary Growth

As the New Year starts the number of Intermediaries has grown substantially now that ETR have both capital and yield protection. The ETR Repurchase forms a central part of the Credebt Exchange®……

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ETR Overview

Credebt Exchange® was founded in 2011, specifically to address two important issues in the economy: 1. liquidity in the micro-medium business sector; and 2. providing a strong, stable, cash equivalent alternative to bank deposits for Investors. Trading commenced in July, 2013 and Credebt Exchange® continues to deliver on its commitments to both businesses and Investors.

The Investor’s yield is achieved by purchasing Exchange Traded Receivables [ETR] at a discount. As explained in the ETR Fact Sheet, ETR are invoices issued under Contract for goods and services supplied to investment quality companies or credit insured invoices from Investment Grade [IG] insurers. ETR provide Investors with:

Protected

  • ETR payable by investment quality companies
  • 100% ETR Repurchase (see AIG in the ETR Fact Sheet)
  • 4-Tier capital protection (see ETR Overview)

Liquid

  • Using RPA, typical investment period is 1-Year revolving
  • Full or partial redemption available on request
  • No ‘break charges’ or early redemption fees

 

Tax Efficient

  • Significantly tax efficient for individuals with annual exemption
  • Subject to status, may be off-set against capital losses
  • Individual’s return taxed as a capital gain

 

Yield

  • Substantial increase on comparable bank deposit rates
  • Capital not committed for long periods, or years
  • Higher yield than alternative cash equivalents

ETR Overview Trade Credebt

ETR Overview

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Credit Insurance

Official credit insurance negotiations commenced on an exclusive basis with AIG today. Subject to the outcome of these negotiations ETR will be credit enhanced…

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€ 5.0m Equity

Despite the ‘Frankenstorm’ followed by severe snow storms, this late evening telephone call from New York, confirmed the equity valuation of €5.0M.  Subject to due diligence, the Exchange …

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Investor Road Show I

Today saw the completion of the initial Investor ‘mini road show’ and began with the first signed Investment Intermediary Agreement. This confirmation underpins the…

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Master Agreement Drafted

After nine months of careful consideration, the first draft of the Master Agreement is finalised and ready for use by all Members of the Exchange. Its importance is central to the Exchange’s efficient and legal…

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Investor Initiative Begins

Selection and marketing to the initial ‘Investor pool’ commenced today and is expected to continue throughout September into late October…

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Strategic Partner Selection

Initial marketing to specific strategic partners commenced today ahead of the planned Investor initiative for September as the Exchange prepares to formally enter the market…

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Automated Clearing

With the assistance of IBM® and the co-operation of Danske Bank, the decision to automate trade clearing has been agreed. The decision is based on the need for efficiency and security in the…

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Debtor Marketing

Although Debtors are third-parties to trading on Credebt Exchange®, their co-operation, input and support is important to the ongoing success of the Exchange. Initial reactions are positive…

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