Creditplace acquires invoices from businesses, thus providing them with the working capital needed for their operations and growth. After a short and unique underwriting process, businesses can quickly get exactly the credit they need at a competitive price.
Creditplace provides the necessary capital for businesses from a variety of sources, including leading financial institutions. At the same time, Creditplace operates an advanced P2P platform to raise short-term credit from a wide range of investors.
In order to better secure the process, Creditplace developed a unique underwriting model. We also purchase credit insurance for specific transaction. The P2P platform is supervised by ‘Ziv Haft Trusts & Holdings,’ which is part of The BDO Group.
Creditplace operates under P2P licensing of The Capital Market & Insurance Authority, The Securities Authority and the Ministry of Finance.
Who does it fit?
Creditplace buys invoices (debt) of leading organizations, which are paid to Creditplace within 30-180 days (according to the payment policy).
How does It Work?
Creditplace carries out an underwriting process for your company and your client in order to make sure that your invoices are paid.
After completing the one-time underwriting process, you can choose and submit invoices of your choice and receive payment (less commission) within 48 hours.
Once your customer completes their payment to Creditplace, we will transfer the remaining balance owed to you.
Creditplace allows small and large investors to invest in a factoring for the first time. In other words, investors can purchase the short-term debts of selected companies and enjoy a solid yield each year.
Creditplace advanced P2P trading platform enables online investing in short-term debt of stable companies and at a much higher interest rate than other conservative investments.
When necessary, Creditplace acquires credit insurance and adds another layer of protection to your investment.
Investors receive the principal & interest directly into their account as soon as the companies pay the invoice.