Description Financial services company that specializes in origination, underwriting and servicing asset-based investments searching for buyers/acquisition minded companies. The investment's return objective is to generate stable and uncorrelated returns of 10-25% per annum, secured by first priority payouts from third party insurance carriers i.e. Aetna, US Health, Geico, Allstate and others as well as Medicare and Medicaid.
Senior Management has well over 10 years of direct lending, origination and credit experience. Business has been established for over 5 years. Company has used a well proven successful way of deal sourcing through previous clients, established relationship with medical providers, financial brokers, and billing/collection firms. Additionally, they use relationships with CPA's, attorneys, financial advisers and third party advisers. As of the end of their calendar year, the business is involved in over 25 investments with a gross value of over 76 MM. Located in the Greater New York area, this company can be relocated as their clients are nationwide. Reason for the sale is partners agree to exit the business.
Buyer financing will be considered to qualified buyers. A signed Non- Disclosure Agreement and Business/Personal Profile is required to obtain additional information. Information is highly confidential. For more information please call Angel Allarde at 201-414-8065 or email.