Jun 16, 2006 : Sedo Partners With Domain Capital

📅 June 16, 2006 - Domain names buyer and seller Sedo (sedo.com) announced on Friday it has signed a new partnership with Domain Capital (domaincapital.com) to offer domain investors finance plans on high-value domain purchases. The program is targeted at 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," says Tim Schumacher, CEO 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. During the first five months of 2006, Sedo brokered 211 such transactions. Domain Capital is the first financial services company to offer financing to businesses based on premium domain names. Domain Capital sets to provide exciting new financial products and services designed to enable entrepreneurs to take advantage of new business models.

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