FAQ

Bringing finance into the 21st century.






Is there an upfront franchise fee?

Yes. And there is a monthly cost to cover training, IT and other supports.

Do you provide any support on these costs?

Yes. For the right candidates we have financing arrangements available.

Where does Convertibill® get its funding?

From ordinary Irish investors.  Investabill® is offered to investors all around the country through a network of financial advisers.  The offering pays much better rates than with bank demand deposit accounts.

Is the company regulated?

No.  The Convertibill® model is based on Exchange Traded Receivables – ETR.  ETR are neither a financial instrument nor an investment instrument.  Credebt Exchange® is not regulated by the Central Bank of Ireland as a result of operating the Exchange and providing the Exchange services. Convertibill® Branches will not be regulated and will not require credit intermediary status.

Who owns the clients?

Credebt® Exchange services the clients providing them with the flexible trade finance they need to grow.  Clients are generally not tied into 12 month contracts or restrictive notice periods.  Branch owners will clearly have a good relationship with client company personnel but ultimately the clients will choose their finance providers.

What’s the revenue model?

Branch owners who follow the Convertibill® Finance Formula will build a very good business generating potential revenues of EUR 50.0k / 100.0k / 150.0k+ as the Branch matures.  Full details of the model will be shared as you explore the opportunity and proceed through the awarding process.

What does the franchise fee buy?

You’re buying a proven business model with everything you need to get started including: comprehensive initial training and ongoing support; full CRM and IT system; Convertibill® package with desk, chairs, computer, phone, branding, selling collateral and your own core territory.