• Are you a company owner who wants to retire gracefully?
• Are you in a distressed bankruptcy situation where vendors must be paid?
• Are you a bank with problem loans?
• Are you a lender with little or no experience in liquidations?

NEW YORK CREDIT offers both orderly and distressed liquidations
to get you the most from your company assets.

ORDERLY LIQUIDATIONS

When you have up to 12 months to dispose of company assets, such as equipment, inventory and other personal property, NEW YORK CREDIT can help you liquidate at general market rates.

We will:

• Catalog your assets for sale.
• Determine the best market for each type of asset.
• Place ads and provide telemarketing.
• Organize an on-site team to handle daily operations.
• Establish forms of payment.
• Negotiate sales price.
• Keep records of each transaction.
• During the last week, arrange for an auctioneer or scrap removal.

DISTRESSED LIQUIDATIONS

When you no longer intend to stay in business, NEW YORK CREDIT will supervise the collection of your accounts receivable debt...and we'll do it fast. Because timing is crucial, we put our emphasis on bringing in the most funds in the shortest terms.

We will:

• Collect receivables, assess debt, conclude reconciliation, make settlement offers and bring in the money.
• Put our emphasis on bringing in the most funds in the shortest period of time.
• Negotiate with your vendors for more favorable payment terms.
• Assist in the liquidation of assets for the highest possible prices.
• Based on our knowledge and resources available, purchase asset-based loans at a discount.

When you no longer intend to stay in business,
call NEW YORK CREDIT. We serve all industries.