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Stephen Mackarel
Non Executive Board Member at Credebt
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Work Experience
Non Executive Board Member
Jun 2018 - Present · 6 years and 6 months
Non Executive Director
Jan 2018 - Present · 6 years and 11 months
Managing Director
Apr 2016 - Present · 8 years and 8 months
Company Details
11-50 Employees
Founded by a business owner who was frustrated with bank loans but who understood the need for working capital, Credebt® gives fellow business owners and managers a new and intelligent way to finance their business. We do this by providing an alternative source of capital that avoids the risks and barriers of traditional bank loans. Instead of using a lending model, we use a purchasing model with multiple financial products called Exchange Traded Receivables [ETR], to empower you with greater control and flexibility in raising capital to grow your business. On the one hand, Credebt Exchange® provides a sophisticated financial service called Trade Credebt®. There are many different types of finance facilities available for use by smart business owners. Credebt® can be used to pay suppliers and/or issue Letters of Credit [L/C]; finance supplier payments to fulfil purchase orders and contracts; financing and refinancing assets required to operate the business; provide working capital against future income and turning current outstanding receivables into immediate cash to provide working capital for the company to grow. For you, this means that when Credebt® buys your ETR, you get the assets, working capital and financial support necessary for your business to flourish and succeed. On the reverse side, the crash of 2008 left investors with little return on their capital without taking excessive risk, so we created Investabill®, which provides a secure, guaranteed platform to deliver up to 11.67% on investors’ capital while contributing to the success of the SME community. Credebt® Group Head Office is in Dublin, Ireland, and has Offices in Athens, Greece. If you want an intelligent way to finance your business, please visit our website at https://tradecredebt.com/
Year Founded
2011
Social Media
Linkedin
Industry
Financial Services
HQ Location
15A Baggotrath Place, 15-16 Lower Baggot Street, Dublin, Dublin D02 NX49, IE
Keywords
Small medium enterprises and Investment
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