Cavalry Investments, LLC
Cavalry Investments: An Active Approach to the Acquisition of Distressed Debt Cavalry Investments, LLC specializes in the acquisition and collection of portfolios of non-performing receivables.
Cavalr y creates immediate cash and earnings for utilities through the purchase of defaulted receivables. Cavalr y is ranked as one of the top debt buyers in the United States, with 11 years of experience, more than 400 employees, a national legal network, and four offices in Hawthorne, New York; Phoenix, Arizona; Tulsa, Oklahoma; and St. Paul, Minnesota. Currently, Cavalr y owns nearly 2 million accounts with aggregate balances in excess of $7 billion. New purchases average $1 billion annually. Cavalry Investments has taken an active approach to the acquisition of distressed debt portfolios. Cavalry meets regularly with some of the largest creditors in the United States and actively analyzes portfolios, prepares bids, and acquires assets from companies like Household, Citibank, Chase, Mobil, and Bank of America. Cavalry has expertise and experience with precharge-off receivables, point-of-charge-off receivables, as well as accounts that have been through one, two, or three agencies. In addition, Cavalry has acquired “warehouse” portfolios consisting of large numbers of accounts that are not in an active collection status. Cavalr y acquires assets from major banks, consumer finance companies, public utilities, and others. Cavalr y purchases national por tfolios comprised of many types of receivables, including: auto charge-offs and deficiencies, credit card receivables, utilities, telecommunication receivables, medical receivables, installment loans, unsecured revolving loans, home equity loans, and others. Cavalry’s capital structure, experience, and expertise with delinquent receivables qualify us as a leader in the debt-acquisition industry. Cavalry is confident that our innovative programs, techniques, and capabilities translate into superior recovery rates that, in turn, enable Cavalry to pay highly competitive prices for the debt we acquire.
Cavalry creates superior recovery for client sellers. Our continuing relationships with many major client sellers demonstrates our ability to effectively and quickly provide competitive pricing and recovery to financial institutions and creditors nationwide, while minimizing the risks associated with postcharge-off collection activities.
Client Benefits • Create immediate liquidity • Reduce internal collection and administrative expense • Generate current period profits through the sale of charged-off accounts • Exit unprofitable or undesirable business lines • Retain a participation interest while generating immediate cash recoveries • Reduce liabilities associated with collection and/or repossession activities Through the sale of purchase of accounts, Cavalry provides clients with larger net recoveries up front relative to the net recoveries than could be generated internally.
Solution Provider
www.cavalryinvestments.com CONTACT INFORMATION B. Alfred J. Brothers Executive VP Paul J. Fiumano Director, Acquisitions Andrew Zaro Chief Executive Officer Michael Godner Executive VP and Chief Financial Officer Steven Anderson Executive VP, Operations Donald Strauch Executive VP
Cavalry Investments, LLC
Compliance Based on our extensive experience in acquiring and collecting delinquent receivables, we are confident that Cavalr y’s recover y effor ts will be consistent with your company’s policies and procedures. We will apply tested recover y methods developed over a period of nearly 10 years. These methods minimize conflict with debtors and stress voluntar y resolutions on a “win-win” basis. • We will provide our internal collection agents and third-party agencies and attorneys with the resources necessary for comprehensive collection and litigation efforts. • We will comply with all governmental agency guidelines, Fair Credit Reporting Act, and Fair Debt Collection Practices Act. • We will indemnify our client sellers to ensure that they are sheltered from any frivolous post-sale complaints. • We will provide quality post-sale support and service to quickly address and resolve any issue that may arise.
w w w. U t i l i t i e s P r o j e c t . c o m
Phoenix Office 4050 East Cotton Center Blvd., Building 2, Ste. 20 Phoenix, Arizona 85040 Phone 602.667.0128 Toll-free 877.222.8257 Fax 602.667.0140 New York Office 7 Skyline Drive Hawthorne, New York 10532 Phone 914.347.3440 Toll-free 800.724.1757 Fax 914.347.7551 Tulsa Office 9522 E. Fourth Place, Suite H Tulsa, OK 74145 Phone 918.665.5600 Toll-free 800.429.0535 Fax 918.665.5656 BUSINESS CONTACT
B. Alfred J. Brothers
[email protected] Phone 602.667.0128, Ext. 1018
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