January 08, 2013 /EIN Presswire/
-- President Jeffery Hartman announces new commercial business acquisitions strategy Fitzgerald Debt Acquisitions has expanded its business strategy to acquire new debt types.
The Fitzgerald has partnered with a national purchaser of sub & non-performing loans, and seeks to acquire commercial & industrial loans, residential mortgage loans, and commercial real estate loans nationwide. Fitzgerald Debt Acquisitions is looking to acquire loan assets backed by all collateral types including accounts receivables, inventories, machinery, equipment & real estate.
President Jeffery Hartman states, "We have a significant capital source that can provide liquidity and execution. We now have a new partner with significant resources to acquire new types of receivables, and the Fitzgerald is looking forward to expanded success in new avenues of debt acquisitions."
"We have already found success with our new strategy, branching not only into new debt portfolio
types, but also reaching out to a different client base to acquire receivables. We have been extremely successful in the consumer debt brokerage
with credit card, DDA, and payday loan portfolios, and will continue along those paths as long as they are profitable. However, with changing economic times, we believe that we need to be looking to diversify our strategy and look to other sources of and types of debt for our company to have long-term stability in a fluctuating marketplace."
"The commercial and real estate realms are perfect for what we are looking for. We have found several untapped sources of debt which we believe would yield excellent opportunities to provide the marketplace with much-needed portfolios that allow debt buyers to diversify their own acquisitions. We have seen a spike in demand for debt types other than consumer-based debt portfolios, and we also foresee legal difficulties with subprime categories, such as payday loans, on the horizon. We understand that business success in the debt marketplace requires the ability to look both forward and understand current trends, and we believe we are making moves to place Fitzgerald Debt Acquisitions at the forefront of the secondary market in debt sales
Fitzgerald Debt Acquisitions is a national debt brokers, a debt brokerage firm and seller of consumer, commercial note, real estate, and other debt portfolios.
If you have any questions, contact Fitzgerald Debt Acquisitions at 567-336-9400.
Fitzgerald Debt Acquisitions, LLC focuses on debt sales, debt purchasing, debt brokering, and the placing of debt portfolios. Our goal is to help people and businesses everywhere who can immensely benefit from the many debt broker services we provide. This entails making available the most lucrative debt portfolios in the industry, through selling and brokerage of debt portfolios, providing top-notch debt consulting, and providing debt portfolio marketing services.
Fitzgerald Debt Acquisitions, LLC(TM)
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