The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, announced today that Cedar Lane Asset Management, LLC has joined The Receivables Exchange as a Buyer of entertainment and media receivables.
“We are very excited to have Cedar Lane, one of the leaders in asset -based finance to entertainment and media companies, join The Receivables Exchange,” said Nicolas Perkin, co-founder and president of The Receivables Exchange. “Cedar Lane’s participation in the Exchange continues to broaden our global network of Buyers and further underscores the broad appeal of our online marketplace for accounts receivable.”
“Cedar Lane’s focus on asset-based investments in the entertainment industry also highlights the benefits Sellers can expect from having access to a large and diverse network of Buyers in a centralized marketplace,” Perkin added.
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