About
Founded in 2009 by bankruptcy attorneys, David Tawil and Steve Azarbad, ETG Capital is NYC-based company that offers innovative solutions for protecting high-risk and distressed accounts receivable. ETG Capital provides the following services:
- Pre-bankruptcy put options
- In-bankruptcy put options
- Strategies
- Case Studies
- Bankruptcy Claims
As a company, ETG Capital is driven to inspire and help people, organization, communities, and country to thrive. ETG Capital's purpose is to build a better future by accelerating and expanding access to knowledge.
At ETG Capital, we engage clients and encourage clients to explore and develop more creative and opportunistic credit solutions. Specifically, ETG seeks to push the boundaries of the terms we can provide with our Put Options:
- We offer Put Options on customers other institutions won’t touch
- We protect receivables of virtually all sizes (odd-lots and fluctuating balances are our specialty)
- We cover unique lengths of time (e.g. 9 months, 14 months)
In contrast, the current regulatory, credit- and capital-constrained environment has led financial institutions to shy away from taking on credit risk. This pertains to entering into Put Options for any companies other than the largest and most liquid. ETG Capital can provide fast, affordable funding to smooth out a small business’s cash flow or provide access to short-term working capital.
ETG Capital is an independent platform, not a bank subsidiary or joint-venture. As an independent firm, ETG Capital offers impartial counsel. You can count on our objective advice when it comes to discussing your most distressed customers. Since we are not affiliated with a big bank, our professionals do not face the issue of client conflicts that regularly come up in large financial institutions. Our conversations with clients are straight-forward and without prejudice. Our counterparts, who are representatives of some of the biggest names in banking, are not always free to be as candid, because they may compromise their bank’s legacy relationships with customers in other divisions.