Credebt Exchange, an Irish firm that provides business finance and invoice discounting, increased its turnover by more than €20 million in 2015.
According to the company’s latest accounts, it generated turnover of almost €42.5 million last year, up from just under €20 million in 2014.
A total €40.2 million, the bulk of its 2015 revenue, was generated from the sale of exchange traded receivables, otherwise known as invoices.
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