CV Credit

Financing for companies that need cash now

CV Credit now trades as Exitus Global. The company was set up in 2003 as a finance partner for businesses with the potential to do more, and in 2020 it merged with Exitus Capital, which it says widened its range of products and let it enter new markets. Its office is in Miami, Florida, and its customers are found in the United States and Latin America.

Paying suppliers on a customer's behalf

Supply chain financing is one of its main products. When a business signs up, the company pays the business's suppliers directly. The business receives the goods or services, sells them, and then repays the company after an agreed period that is typically up to ninety days. The firm's point is that no money has to be put up front, and that prompt payment improves the relationship with suppliers, which in turn helps the business grow.

Factoring invoices

Factoring is the other pillar, both domestic and international. A company sells, delivers, invoices and notifies the parties involved, and then receives funds against the invoices. The company says funding can occur within a day or two, and presents this as a way of keeping cash flowing so that limited access to capital does not hold back growth. It reports a long factoring track record and an active portfolio across 34 countries.

Who uses it

It funds transactions in more than thirty different industries. Its products are designed around the cash flow needs of each company, and it says thousands of satisfied customers in the US and Latin America use it.

How it describes itself

The firm lists its values as being artisans, empaths, explorers and a team, and explains that it first listens to what a client needs before creating a precise, tailored product. It also describes a business model aimed at projects with value for the wider community, support for communities in development in the United States and Latin America, and internal volunteering and donation campaigns.

CV Credit, now called Exitus Global, provides financing for businesses through supply chain financing and factoring. It was established in 2003 and merged with Exitus Capital in 2020, and it says it works with clients in the United States and Latin America.

Products and services

• Supply chain financing: pays a business's suppliers on its behalf, so the business can receive goods, sell them and repay later.
• Factoring: domestic and international factoring, with funds drawn against invoices.
• Financing for growth: financial solutions designed around each company's cash flow needs.

Who it works with

Companies in more than 30 industries worldwide.

Key facts

• Founded: 2003
• Merger: merged with Exitus Capital in 2020
• Reach: active in 34 countries