Convertibill is the intelligent hands-free finance solution from Credebt Exchange. On the one hand it pays your suppliers. On the other hand it buys your customer invoices. Just like banking everythings online. Unlike banking, you get the finance you need, quickly and easily and almost every Convertibill funding decision is confirmed in 24 hours or less.
As a business enabler, Convertibill dispenses with many of the rules associated with traditional lenders. A traditional finance provider requires liens on the business, personal guarantees and enforces credit limits. The lender/borrower relationship tends to be adversarial and generally restricts the business.
As a trade based finance provider, Convertibill funds transactions based on purchase orders, pays creditor/supplier invoices nationally and internationally, alongside purchasing debtor/customer invoices. The Convertibill blended trading model is specifically designed to free up cash flow, support business growth and keep funding costs as low as possible.
Experienced business people immediately understand the real benefits of this unique trading model. By getting the trade balance right, they can achieve funding costs that traditional lenders cannot, or will not, offer. Where traditional lenders focus on restrictions and credit limits, Convertibill focuses on supporting business growth.
Typical Convertibill users come from almost every industry sector but all share a single need to fund and grow their business as the economy improves. For any business owner seeking to complement their existing loan or funding facilities, or to completely replace them, Convertibill is certainly worth considering.
