Here's What We Do Better
YOUR DISTRESSED ASSET PROBLEM
WHAT DO YOU DO IF YOU DON’T WANT TO ACCEPT A FINANCIAL LOSS ON YOUR DISTRESSED ASSET SALE?
THE BEST WAY TO TRANSFORM DISTRESSED ASSETS INTO CASH AT 3X MARKET VALUE IN 24 HOURS.
SUMMARY OF WTE ASSET RECOVERY SOLUTION
WTE helps clients to recover the full book value of their assets by purchasing the assets at their original wholesale costs instead of liquidation value, in the case of merchandise, or amounts typically 2-3 times greater than the current fair market value, in the case of capital goods or real estate.
$785M ASSET RECOVERED IN 24 HOURS VIA WTE
$567M REAL ESTATE PORTFOLIO RECOVERED IN 24 HOURS VIA WTE
One of our client’s corporate real estate portfolio values has been dramatically depressed by a downturned economy due to the coronavirus pandemic. An office tower building they own was no longer needed. It had a book value of $567 million, but they couldn’t find a buyer to buy it for more than $200 million in the current market. The underperforming asset was adversely affecting their cash flow and expense budget. WTE purchased the client’s assets at its original book value of $567 million, thus allowing them to avoid a corresponding $367 million loss and writedown.
$2.53B WORTH OF SURPLUS ASSETS RECOVERED IN 24 HOURS VIA WTE
100% CASH PAYMENT VIA STRUCTURED FINANCE ASSET RECOVERY TRANSACTION
- WTE pays cash to a company in exchange for (i) the company’s asset such as merchandise, receivables, capital goods, real estate, etc.; and (ii) the company’s agreement to purchase entirely for cash a specified amount of media, goods, and/or services (pre-planned and budgeted expenditures) from WTE (at the same commercial terms that the company would otherwise have made); and/or at a minimum, make certain unconditional periodic payments (i.e., if the purchases are not made to an agreed level by the company).
- The company and WTE agree that a specified portion of WTE’s invoices will be designated as the “trade factor amount,” which is the amount that will prepay an upcoming periodic payment.
- As the company makes purchases through WTE at the same amounts the company would otherwise have spent, the trade factor amounts pre-pay the upcoming periodic payments. Otherwise, the company is required to make periodic payments.
- WTE receives the right from the company to assign its rights to receive and collect the trade factor amounts and periodic payment s to a financial institution in exchange for cash which is used to finance the above payment to the company.
Sold properties worth $43.5 million in 24 hours
“Most realtors today would agree with me that the economic recession is affecting real estate deals but how Trade Exchange helped me sell out properties worth $43.5 million in 24 hours is something I can’t explain. Great job!”
Scottie Hitchman–LA. California
Sold $29 million worth of steel products in 24 hours
“This is truly an awesome service. My company was able to sell out $29 million worth of steel products in 24 hours through the trade exchange platform. From our records, this is the fastest we have used among similar services. I highly recommend this.”
Elvira Dean–New York City
Hotel fully booked 3 years in advance
“I am recommending your services because of the help which resulted in the sale of all our hotel accommodation for the next 3 years within 24 hours. I am indeed grateful.”
Jaimie Lagrone–Houston, Texas
Fiber Optic Equipment worth $12.3 million sold out in 24 hours
“You guys are doing a very nice job here. All our Fiber Optic Equipment worth $12.3 million were sold out within 24 hours and I am excited to share the experience. Thanks.”