Structured Settlement Factoring

The structured settlement industry has two distinct sides to it.

Primary Market
The first is the primary structured settlement industry. These are lawyers and brokers that assist in setting up a structured settlement for those that are being given a financial settlement as a result of a lawsuit. The lawyers and brokers help to negotiate and structure the settlement to best meet the needs of the settlement recipient. One of the primary goals to ensure the money is available to the recipient over a long period of time to cover the necessary medical or financial obligations they may have.

Factoring Industry
The factoring industry often referred to as the secondary market meets the needs of those that have a life changing event and have an unforeseen need for cash. The primary market does great work help to set up settlement for their clients but sometimes recipients’ circumstances change. Life events like divorce, marriage or mounting medical bills can create a larger need for cash than the original settlement agreement provides.

Structured settlement factoring companies help those that are receiving settlement annuities convert their future payments into lump sum cash. Factoring companies provide the flexibility the original settlement does not. It allows the recipient to get the cash they need for either all of their future payment or just a portion - whatever best meets the needs of the settlement recipient.

1-800-LUMP-SUM
(800-586-7786)
Free Call. Free Quote.