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|  | June 6, 2006 1:16 PM Sedo Offers Financing for High-Value Domains
World’s Largest Domain Name Marketplace Partners with Domain Capital to Deliver Domain Financing for Purchases of more than $10,000
Cambridge, Mass. June 15, 2006 – Sedo, the leading online marketplace for the buying and selling of domain names, has today announced a new partnership with Domain Capital to offer domain investors finance plans on high-value domain purchases. The program will support a large number of investors seeking to purchase high-return domain names without making a large upfront capital expenditure.
“With a growing number of high-value transactions each month and the ability to instantly drive recurring revenue through parking, financing is the next logical step for the domain industry,” said Tim Schumacher, chief executive officer of Sedo. “Our partnership with Domain Capital enables Sedo to bring more value to domain investors and extends our track record of delivering innovative services to the market.”
Sedo’s financing program is currently designed for domain name purchases of $10,000 or more. Through the first five months of 2006, Sedo brokered 211 such transactions.
Domain Capital is the first and only financial services company to offer financing to businesses based on the inherent and recognized value of premium domain names. Domain Capital’s vision is to provide exciting new financial products and services designed to enable entrepreneurs to exploit new business models. For more information on Domain Capital, please visit Domain Capital
To speak with Sedo about current rates offerings, please contact Christian Kalled at christian@sedo.com.
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