Published: October 29, 2008
Business Matchmaking
By Joel Block
Our company has a tremendous number of friends and clients who are in a position to acquire distressed assets (*) from companies. These assets can be from a variety of different asset classes, such as real estate, commercial paper, and other types of financial vehicles that may or may not be viable. If you have a distressed portfolio that you would like to discuss moving to another party, or if you know of someone who needs to move a portfolio of such assets, please contact us right away so that we can make an evaluation of it.
(*) The generally agreed upon definition of distressed assets is "loans, mortgages or other types of financial assets that are nonperforming for a variety of reasons."
Our clients are looking for distressed assets such as: - Highly-Aged Commercial Receivables - Default Judgments from Preference Claims - Unclaimed Property - Escheated Funds (money claimed by the state when someone dies and no heir can be found) - Class Action Settlement Claims (e.g., Visa / MasterCard) - Remaining Intangible Assets (known or unknown)
We also know buyers for: - Distressed Real Estate - Distressed Note Sales - Companies with Distressed Equity - Distressed Accounts Receivable Portfolios - Distressed Inventory
The minimum portfolio value on a gross basis must be $500,000, and there is no upper limit. We have clients and friends of the firm who are capable of acquiring an unlimited amount of such distressed assets. It's also possible that referral fees will be paid for your introduction to suppliers of these pools of assets. Please go to the website mentioned below and fill out the form on that page so that we can put the respective parties in touch.
For more information on our business matchmaking services, please go to: http://www.joelblock.com/distressedassets
About Joel G. Block
Often dubbed a "Growth Architect" by his clients, Joel Block advises companies on explosive growth strategies by driving revenue and sales. Well known in the capital markets, Joel is a successful entrepreneur, speaker and advisor. To bring Joel into your company, please visit
www.joelblock.com or
www.growth-logic.com.
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