Principal Biography

FOUNDER, CEO / PRESIDENT
Eric Shaw
Business Bio:
  • The “Rent-A-Credit Department”–New York Credit performs all credit and collection functions for on going concerns, at the client’s place of business, under the client’s name on a handshake no contract.
  • Trade Debt Management–New York Credit initiates negotiations in the restructuring of long and short term debt with client’s vendors and secured creditors.
  • Liquidations–New York Credit executes the liquidation of asset based loans in both orderly and distressed situations.
  • Collateral Review Examinations–For Asset Based Lenders and their Borrowers, it is the evaluation, testing and documentation of collateral loans and its components.
  • Business and Cash Flow Plans–New York Credit will create, formulate, and manage the cash flow of businesses through a direct hands on approach.
  • “Rent-An-Asset Based Lending and Factoring Department”–New York Credit will act as a hands-on consultant to small independent banks to run, manage, and implement their Asset Based Lending and Factoring Services Department for a fee.
Personal Bio:
  • Native of New York City
  • Graduate of New York University, 1974
  • Author: “The Game of Credit,” “Championship Networking”
  • Collector of Memorabilia
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