Friendlies Debt Relief

Friendlies’ creation of a more positive, predictable, and highly trackable algorithm (think computer driven “formula”) for debt collection — exceeding the historical 17 cents on the dollar collection rate — is what will make us successful.

Every financial services company (think banks, credit cards, investments, insurance, etc.) struggles mightily when collecting from difficult debtors (who are also some of their highest margin customers). So, they hold their noses and outsource their debt problems to nasty collection agencies with the hope that it doesn’t blow back on them. Figuring out and demonstrating the effectiveness of Friendlies’ algorithm for a positive, consumer-friendly debt collection process is what will make Friendlies worth a ton to the financial services industry, as well as the potential acquirers in that  industry that represent our exit strategy.

Success in flipping the historical, harassing “stick” approach to a more successful “carrot” algorithm will result in Friendlies becoming a potent acquisition target, roll up model or an essential “mend” strategy for the entire financial services community that is dependent on debt — and they ALL are.

Seasoned Financial Execs-
Dragging Debt Collection into the Internet Age

Formed by top execs from American Express/Ameriprise, Prudential, and various internet startups, Friendlies Debt Relief invites you to invest in a better way to profit from the coming internet revolution in debt collection. One that replaces harassing phone-bullies wielding the proverbial “baseball bat” and mountains of confusing paperwork with modern online technologies and methods. By leveraging the power of the internet along with step-by-step incentives to help consumers work their way out of debt in a better, more motivating, and more positive way — Friendlies replaces the “stick” with the “carrot” for debt relief.

Revenue Sharing Promissory Note (debt) Class B Preferred Stock (preferred stock)

$1000.00 (minimum) or $2000.00 (maximum) per Revenue Sharing Promissory Note with fixed value. For $2,000.00 investments, Subscribers will also receive 200 shares of Class B Preferred Stock valued at $1.00 per share.