The sad truth is that cash flow surprises can kill many startups, even though they should have been funded adequately enough to survive. Overall, poor cash flow cause 90% of small business failures, according to the D&B Small Business website. Cash is king when it comes to the financial management of a growing company, so this is […]
Receivables Exchange is an auction based marketplace connecting large corporate sellers of receivables to a broad network of buyers. Founded by Justin Brownhill and Nicolas Perkin in 2007, Receivables Exchange is backed by investors that include Bain Capital Ventures, Fidelity Ventures, Prism Venture Management, Redpoint, and StarVest Partners and is headquartered in New York.