Richard Salvato Email & Phone Number

Spring Lake, Nj, Us

Freehold, New Jersey, United States

Freehold, New Jersey, United States

Structuring merchant cash advances for small to medium-sized businesses in need of working capital to expand and/or overcome current challenges. Constantly striving to tailor financing to fit the business owner's specific needs as it relates to revenue, time in business and creditworthiness.

Greater New York City Area

Source, purchase, repurpose and sell multi-million dollar residential, commercial and multi-family properties in New York City, Colorado and Los Angeles. Manage construction projects to completion and sale.Value Added Results•Achieved 10-20% ROI year over year for residential and commercial real estate transactions.•Achieved 20% ROI overseeing construction projects amid high cost of funds.•Negotiated two of the largest deals for the firm - $59M and $19.5M.Firm market presence•Hold a vast network of high-end brokers, attorneys, architects, builders, expeditors and project managers.•Known as a prolific negotiator that produces mutual value while supporting the company’s interests.•Source real estate opportunities that grow revenue.

Greater New York City Area

Led this start-up settlement company to profitability closing nearly $3.5M of revenue within two years. Specialized in life insurance policies, lottery prizes, and structured settlements. Led sales, marketing, and document retrieval teams to top performance. $1M+ budget.Built a highly competitive life settlement boutique firm•Purchased and marketed large insurance policies from $5M-$20M for a niche client base•Created a brand that represented transparency, integrity and service excellence.•Architect of a seamless and efficient customer-centric operation •Negotiated financing for premiums with no out of pocket expense to the insured.

Greater New York City Area

Progressed from newcomer to prominent player in the New York City commercial real estate market for this NYC real estate investment company. Identified, purchased, repositioned, marketed, and sold high potential, multi-unit apartment buildings.Known as a tough negotiator and savvy profit-maker•Achieved $1M+ per transaction profit in the purchase and sale of approximately $500M in commercial real estate•Determined property value, purchase price, resale and propensity for increased value in the context of the marketplace.

Greater New York City Area

Named as top sales producer and appointed to CEO within two years for this specialty finance company focused on the purchase of lottery winnings, structured settlements, and mortgages. Annual purchased assets ranged from $300-$500M. Led company operations with 70 team members and a budget of $2.5M. Exceeding goals by 20% growing purchased assets to nearly $250M in four years •reduced dependency on unreliable funding sources and increased competitive advantage with a $75M line of credit.•Increased profit per transaction approximately 30% with an aggressive media advertising campaign and an expanded lead generation program.

Accounting

Marketing

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