| Have you received a structured settlement recently? | | | | already completed? A factoring company will buy that |
| A structured settlement can be a good thing if you | | | | check which is in the mail so to speak for $25,500 and |
| have been a victim of malfeasance, have been | | | | give the money to the company now. You may say |
| severely injured or can no longer physically work. | | | | well that is 15% of the $30,000; yes it is, but if a small |
| Structured settlements will help you pay bills. But what | | | | business does not get the money in time they could go |
| do you do if you have a structured settlement, which is | | | | out of business because the government is so slow to |
| coming your way and you really have decided that | | | | pay on their contract. Going out of business is not a |
| you might prefer to have the cash instead? Well, if this | | | | good thing and if it happens all the money invested and |
| is the case you are in luck because there are | | | | time to build the business is out the window. |
| companies, which will buy your structured settlement | | | | Let us say you have a structured settlement and you |
| for a discounted price? | | | | cash out of the deal using the same type of |
| This is similar to factoring which is used in businesses, | | | | company? They will get the structured settlement |
| which need to maintain their cash flows. They can sell | | | | money each month istead of you, but you will have all |
| accounts receivables to another company as an | | | | the money up front minus a 10-15% discount on the |
| investment and get the money that is owed to them in | | | | total money you would have received. You can then |
| advance. For instance let's say a company, which | | | | use this money for whatever you want. Such as |
| does janitorial services for a government agency, | | | | investing, buying a house or buying new car, plasma |
| which are notoriously slow to pay and that | | | | TV and other things humans want to make them |
| government agency owes them $30,000 for services | | | | happy. You see? |