About
Our Story
For over 20 years, our professionals have helped pioneer the concept of vendor protection, also known as Account Receivables Put Options.
Empowered by unrivaled credit risk analytic skills, we use deep credit risk analytics to underwrite more higher risk names than anyone else in the market. Our clients count on us to assess exposure, guide them through complex credit situations, and navigate an ever-changing financial landscape.
As an organization, we are defined by our performance. At TradeGuard LLC, results matter. When a covered customer files for bankruptcy, we stand shoulder-to-shoulder with our clients: we step in, help them navigate the process, provide reassurance, and process a put in a timely manner.

Our Team

Steven Azarbad, Managing Director
Steven Azarbad leads TradeGuard as Managing Director and serves as Chief Investment Officer of TG Capital.
Steven has worked at the intersection of credit risk, bankruptcy, and receivables protection since 2004. Over those two decades, he has managed distressed debt and equity portfolios, built and run accounts receivable Put Option businesses, and advised on complex credit situations as both an investment banker and an attorney.
His experience spans roles at Maglan Capital, ETG Capital, and Credit Suisse, where he co-managed the leveraged finance and fixed-income alternative asset trading business. He began his career as a bankruptcy attorney at Skadden, Arps, Slate, Meagher & Flom LLP, and clerked in the U.S. Bankruptcy Court for the District of Delaware.
Steven holds a BS in Accounting from Brooklyn College and a JD from Brooklyn Law School.
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Joseph Azarbad, Vice President of Sales
Joseph Azarbad is Vice President of Sales at TradeGuard and Chief Financial Officer of TG Capital.
Joseph has been helping clients manage receivables risk since 2011. His background in credit, operations, and finance includes managing risk and financial operations at Maglan Capital and working in high-yield and fixed-income trading at Macquarie and Lehman Brothers.
He started his career in legal support for finance and has since focused on helping clients navigate complex credit exposures. Joseph holds a BS in Computer Science from Pace University.
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The “We’ll Be There For You” Promise
This promise defines us as an organization. It’s grounded in who we are and what we believe.
Because information is power
We’ll keep you apprised of customer credit risk through our TradeGuard Alert emails. Click here to sign up for TradeGuard Alerts.
Because we know our business
No matter what the situation, we’ll do our best to find a way to provide affordable coverage. That often means covering names others won’t touch.
Because business moves quickly
When you reach out to us for a quote, we typically get back to you in 60 minutes or less.
Because your time is valuable
When you’re ready to finalize your TradeGuard Put Option, we’ll do everything in our power to minimize hassles and paperwork.
Because partners look out for each other
We’ll always share up-to-date information on a customer credit throughout your coverage. Whatever we know, you’ll know too.
Because when it comes to your A/R, there’s no room for guesswork
We provide comprehensive information upfront. This way, if a customer files for bankruptcy, you’ll know exactly what you need to do in order to receive payment.
Because this is how we do business
We honor our commitments in a timely and professional manner.
Bottom line:
We’ve been there for our clients for over 20 years.
We’ll be there for you.
Get Protected Now
Click or call to get your TradeGuard Put Option quote started.