Rhinebeck, NY (PRWEB) May 13, 2006
In today’s service-oriented marketplace, professionals face intense competition. “Everyone from attorneys and Certified Public Accountants to Real Estate agents and nursing home operators are seeking value added services that they can offer their clients in order to stand out from their competition,” said Joseph Sprauer, CEO of Modern Cash Flow Solutions (http://www.moderncashflowsolutions.com). Increasingly, such professionals are using Sprauer’s expertise in turning debt instruments to cash as a value added ancillary service to their clients.
“There is a huge private cash flow industry that’s estimated to be worth $1.2 trillion dollars,” said Sprauer. This includes 52 debt and cash flow instruments, such as real estate notes, divorce settlements, annuities, royalty agreements, and lottery winnings. Modern Cash Flow Solutions unites those who wish to sell their notes with a network of 350 private and institutional investors. “When a seller presents us with a note, we appraise its worth and find an investor who wants to buy the note,” said Sprauer.
While there are a number of reasons why individuals hold debt instruments, there often comes a time when circumstances change and those who hold the notes need access to cash. “Perhaps the holder of the note has the opportunity to move his investment into a segment with higher returns, or maybe he simply has bills to pay or a child to educate,” Sprauer said. “At that point, there is a compelling reason for him to sell the note to investors and receive immediate cash.”
Typically, however, the person who holds the debt instrument doesn’t have a ready supply of investors to call. Likewise, investors are more interested in crunching numbers than they are in fielding calls from potential sellers. That’s why companies like Modern Cash Flow Solutions specialize in bringing together sellers and investors. “We do all of the legwork for both parties, and have the advantage of experience, training, and a huge network of resources,” said Sprauer.
That’s also what makes Sprauer a valuable resource to service professionals. “An accountant might recognize that his client would reap tax benefits if she liquidated her notes,” Sprauer said. “Or an attorney may recommend that her cash-strapped client sell his settlement note in order to improve his quality of life.”
In addition to the benefits of providing such services to their clients, professionals can earn fees and bonuses for supplying Modern Cash Flow Solutions with referrals. “Professionals appreciate that, for the next 12 months, we will provide their entire office staff with a complimentary luncheon of up to $300 when we are able to sell notes worth a certain dollar amount, and that, for every ten referrals that result in the sale of a note, we reward the professional with a trip to Hawaii,” Sprauer concluded. Though some restrictions apply to the Hawaiian trip, it’s certain that more than a few accountants, attorneys, Realtors, and other professionals will be soaking up the aloha spirit as a result of providing their clients with an extra measure of service.