Advantages of The Services of ETG Capital

ETG Capital is an innovative solutions provider for protecting high-risk and distressed accounts receivable. This company was founded in 2009, by David Tawil and Steve Azarbad. ETG Capital founders are experienced bankruptcy attorneys.

Company’s partners have over two decades experience and expertise in bankruptcy law, corporate restructuring, and credit underwriting. ETG Capital’s expertise and experience gives them the possibility to underwrite some of the most difficult accounts.

Advantages of ETG's Put Options Over Factoring

ETG Put Options represent a single-customer, non-cancelable protection to your accounts receivable.

An assignment of supplier’s receivables on a receivable-by-receivable basis is taken by a factor. Generally, the assignment of the supplier’s entire receivable portfolio is required.

Factoring certain receivables can be refused at any time by a a factor. Due to this, factoring is an inadequate solution for purposes of revenue and profit projections.

Despite the fact that factoring cost may seem less than ETG Put Options, actually it is more expensive. This is because an individual account cannot be protected.

Receivables from a particular account can be accepted initially, with a strict limit. However, the limit may be reduced and the troubled customer may be eliminated over time by the factor.

Advantages of ETG's Put Options Over Trade Insurance

A supplier is required to insure all of their open accounts receivable by insurers. Suppliers are not allowed by the insurance companies to choose the customers that will or will not be included in the policy.

Contrary to this, assignment of a supplier’s receivables on a customer-by-customer basis is only taken by the company ETG Capital. The assignment of the supplier’s entire receivable portfolio is never requiered by ETG Capital.

Most of the insurance policies can be canceled by the insurer, when the credit becomes risky.

In contrast, the Put Options of ETG Capital are not cancelable. This allows you to rely on a real protection when you really need it.

Advantages of Selling Your Claim

Let’s say that you own a bankruptcy claim. In the event that one of your most important customers has filed for bankruptcy, ETG Capital allows you to sell your claim for cash, through a reputable firm. ETG Capital (read their customers reviews) represents only the most respectable buyers of claims. The advantages of selling your claim are:

· Elimination of Recovery Risk

· Elimination of Consideration Risk

· Immediate Liquidity

· Elimination of Bankruptcy Review and Correspondence

· Potential Accounting and Tax Advantages

Several factors determine the offer price of a claim. These include including the amount of your claim, the estimated term of the bankruptcy, the Debtor’s industry condition, the Debtor’s financial condition, and ETG’s anticipated return. You can get your cash typically, within days of the execution of documentation.