Attention: All Structured Settlement, Lottery, and Annuity Payment Recipients!
If you have already sold payments to a factoring company or to an origination company or through a broker, you are already in a database which means you continually get solicited to sell more payments. Whether you are contemplating selling a portion of your payments for the first time or are a repeat seller, consider this: WE WILL BEAT MOST ANY OFFER, PERIOD!
Factoring companies and originating companies simply cannot beat our offers. Why? Because we are a fund, with direct investors and low overhead. Factoring companies and origination companies have high business overhead expenses which we do not. Most of these companies take in huge profits from the payments they buy from you in order to pay for extravagant office space, huge marketing and internet budgets, rent, taxes, many employees with large salaries, and commissions on your sales.
All of these expenses and profits add up to a smaller purchase price to you because those expenses are in some manner deducted from the offer made to you.
Why receive a smaller lump sum payment because of the huge expenses and profits deducted by the factoring or origination company? It makes NO SENSE, PERIOD!
You are selling your payments for a good reason. Why take less than what you deserve? It makes NO SENSE!
Sell Your Structured Settlement, Lottery Payments, or Annuity to Page 3 Funding Today!
A structured settlement is a negotiated financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving some part of the settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum. As part of the negotiations, a structured settlement can be offered by the defendant or demanded by the plaintiff. Ultimately both parties must agree on the terms of the settlement.
An annuity is a contractual financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. The period of time when an annuity is being funded and before payouts begin is referred to as the accumulation phase. Once payments commence, the contract is in the annuitization phase.
If you are one of the fortunate few who win a lottery jackpot, one of the first choices you must make is whether to take your winnings in a single lump sum or spread them out in payments over a span of 25 to 30 years. If you choose the extended payout, the state takes the present cash value of the jackpot and buys an annuity or bonds that will generate interest to fund the future payments.