The companies listed below are active structured settlement buyers that purchase payment rights in the U.S. market, based on publicly available information. Inclusion on our list is not an endorsement.
Written by Jovan Johnson
Edited by Arthur Goldgaber
- AnnuityFreedom.net
- JG Wentworth
- DRB Capital
- Fairfield Funding
- Novation Settlement Solutions
- RSL Funding
- Stone Street Capital
- Peachtree Financial Solutions
Active Structured Settlement Companies in the U.S.
- AnnuityFreedom.net
(877) 547-3672
Our San Francisco-based company is both a structured settlement buyer and an annuity payment rights buyer. You can find free financial information on annuityfreedom.net and receive great service when contacting us and electing to engage our services to sell your annuity payment rights. We invite you to contact us by phone or complete the contact form on this page to obtain a complimentary quote. Once we gather information about the regular payments you are entitled to receive, the period during which you will receive these regular payments, and the amount of payments you would like to sell, we will be in a position to provide payout information.
Selling your annuity?
- JG Wentworth
Telephone: 855-688-9669
Website: jgwentworth.com
Address: 1200 Morris Drive,
Chesterbrook, PA 19087
J.G. Wentworth is a financial services company founded in 1991 and has grown to become the leader in the structured settlement payment purchasing space. The company currently has offices in Chesterbrook, PA, Radnor, PA and Rockville, MD. J.G. Wentworth focuses on helping consumers who are in financial hardship or need access to cash now. The company has received an A+ rating from the Better Business Bureau. - DRB Capital
Telephone: 855-582-9975
Website: drbcapital.com
Address: 777 W Yamato Rd Ste 400,
Boca Raton, FL 33431, United States
DRB Capital is a privately held company founded in 2007 with headquarters in Delray Beach, FL. They purchase structured and life-contingent structured settlements for one lump sum of cash. The company offers several different options to exchange your structured settlement or annuity payments to receive lump sum cash (i.e., selling all of your future payments, or only some of them, so that you can continue receiving payments in the future).
- Fairfield Funding
Telephone: 888-943-8637
Website: fairfieldfunding.com
Address: 1441 Dresden Dr NE Suite 290
Atlanta, GA 30319
Fairfield Funding is a full-service funding company specializing in purchasing and funding Structured Settlements and Life Settlements. The company is a direct purchaser offering a lump sum of cash to customers who receive structured settlement payments or annuities. Collectively, Fairfield Fundings management has over 60 years of experience in the financial services arena and is a member of NASP, the National Association of Settlement Purchasers. Fairfield Funding is located in Atlanta, GA,, and is a Division of APIS. - Novation Settlement Solutions
Telephone: 267-551-6846
Website: novationsettlementsolutions.com
Address: 1641 Worthington Road,
Suite 410
West Palm Beach, FL 33409
Since 2000, Novation Settlement Solutions (formerly known as Novation Capital) has purchased over $1.5 billion in structured settlements, lottery receivables and other similar cash flows. Novation Professional Services serves receivers, trustees and liquidators by paying cash for structured settlements and annuities; entertainment and sports royalties; annuitized lottery prizes, sweepstakes and progressive jackpot awards; deferred compensation contracts; inheritances, bequests and future interests; and other illiquid cash flows. Novation Settlement Solutions has an A+ BBB Rating. - RSL Funding
Telephone: (800) 543-6513
Website: rslfunding.com
Address: 510 Bering Dr Suite 510,
Houston, TX 77057, United States
RSL Funding is a structured settlement funding company that is not an intermediary, but a principal settlement company that uses its own funds to help fulfill the financial needs of individuals who want to sell their future periodic payments, including lottery winnings. For added financial security, RSL Funding is also affiliated with A.M.Y. Property & Casualty Insurance Corp., a captive insurance company, so their customers don’t have to wait for a third-party company to fund lump sum payments. - Stone Street
Telephone: 866-416-5118
Website: stonestreet.com
Email: info@stonestreet.com
Address: 1200 Morris Drive
Chesterbrook, PA 19087
Stone Street Capital was created in 1989. The company helps people receive cash through future payment streams, such as structured settlements, personal injury settlements, lawsuit settlements, and lottery, contest, and slot jackpot prizes. Stone Street Capital is based in Bethesda, MD. and has an A+ BBB Rating. - Peachtree Financial Solutions
Telephone: (800) 821-7773
Website: peachtreefinancial.com
Email: info@peachtreefinancial.com
Address: 1200 Morris Drive, Suite 340
Chesterbrook, PA, 19087, United States
Peachtree Financial Solutions was founded in 1996 and has helped thousands of clients sell payments ranging from structured settlements, annuities and lottery winnings, among others. Peachtree was purchased by The JG Wentworth Company in 2011 and currently operates as a subsidiary. Peachtree has won awards for its products, including the New York Law Journal’s Best Litigation Funding Provider. Peachtree Financial Solutions maintains an A+ rating with the Better Business Bureau.
- Catalina Structured Funding
Telephone: (800) 317-3769
Website: catalinastructuredfunding.com
Address: 2626 Foothill Blvd., Ste. 200,
La Crescenta, CA 91214
What is a Structured Settlement Company?
A structured settlement company is either a structured settlement buyer or a broker/consultant.
What is a structured settlement buyer?
A structured settlement buyer is a “factoring company” that purchases structured settlement payment rights in exchange for lump sums of cash. Buyers, including Annuity Freedom, quickly provide cash following contract acceptance by the rights holder and court approval.
Which companies are buyers?
There are approximately fifteen U.S. companies that purchase accident and wrongful death settlement payment rights. We’ve listed several a little further down this page.
What is a structured settlement broker/consultant?
A company that provides consulting or brokerage services helps establish payment streams to settle a claim or meet contractual requirements.
How to compare purchasers
We do not attempt to rank other companies that buy structured settlements or include their reviews, as the company that is best for you may not be the best for other annuitants. However, here are some considerations when contacting a factoring company:
- Process. When you reach out for a quote, the company will walk you through the entire process of selling your annuity or structured settlement. Generally, the selling process is likely to be similar across companies.
- Financial Strength. Determining the financial strength of annuity purchasers can be challenging, especially if the purchasing company is a private entity. So, you may not have ready access to information when researching these businesses.
- Subsidiary. Additionally, many factoring companies are subsidiaries of larger parent companies, which can bring advantages and disadvantages.
- Customer Reviews. When researching reviews, you may come across specific complaints. However, it’s important to remember that people will inevitably have different experiences when dealing with companies, so it’s crucial to identify recurring complaints when researching a company.
- Advances. When you are in the process of selling your structured settlement, the purchasing company may provide you with an advance, which is some upfront cash that is recouped from your lump sum. This can be very helpful if you need some money while your deal is in process. Also, be aware that providing advances to consumers does not mean the company is an industry leader.
- Better Business Bureau. In terms of quality, a company having a good Better Business Bureau score does not necessarily mean it is a reliable company. Rather, this rating indicates whether and how long it takes a settlement company to respond to consumer complaints, without considering whether consumers are satisfied.
Structured settlement payments
Structured settlements are relatively straightforward, but we would like to provide a brief overview for those who are unfamiliar. When a person wins or settles a civil lawsuit, they will usually be entitled to receive monetary compensation. This compensation can be paid as a one-time lump sum or over time in the form of an annuity — that is, the payor will deposit the funds into an annuity which is paid to the payee over time.
These regular, periodic payments are what we refer to as a “structured settlement.” Structured settlement payments are typically income tax-free and designed to provide long-term financial security to the payee. For example, imagine someone who is severely injured in a car accident and will require medical care for the rest of his/her life. In those instances, regular payments will ensure that they continue to receive funds regularly, which they can apply toward those medical care costs. Other typical situations where structured settlements can be utilized are for medical malpractice cases and wrongful death lawsuits.
Why are settlements paid over time?
Larger settlements tend to be paid out over time as it may not be economically feasible or preferable for the paying party to pay the entire amount at once. Structured settlements are also preferable when the payee is not experienced in managing large sums of money. By breaking up the settlement into monthly payments, it is less likely that they will spend large sums of money irresponsibly.
Once the payee chooses to receive their payout via a structured settlement, they can opt to begin receiving it immediately or defer it until a later date. For example, the payee may want to allow the funds to grow as an annuity and begin withdrawal at retirement. Additionally, the payments can be made periodically for the life of the payee or for a set number of years.
Why Work With a Factoring Company?
There may come a time in the payee’s life when a lump sum of cash is needed immediately. Perhaps there are unforeseen medical expenses, or their child’s college tuition is due, or funds are needed for a down payment on a new home. Whatever the case may be, it’s not uncommon for payees to need money in excess of their scheduled payments. In those situations, the payee may desire to approach a company that specializes in purchasing structured settlements for a lump sum.
Do you have to sell your entire structured settlement?
It should be made clear, however, that the payee does not need to sell the entire structured settlement. Instead, they could only sell part of the settlement rights and retain the rest as reduced monthly payments. Alternatively, the payee could receive a lump sum payout and pause their monthly payments for a specified period, and then resume them at a later date. The purchase’s structure will depend on the seller’s needs.
Settlement advances
Since it will usually take several weeks to complete a structured settlement purchase, many of these companies will offer an “advance” to the seller. An advance is essentially an amount of money that is paid up front to the seller while the sale of the structured settlement is being processed. Once the sale is complete, the buying company will recoup the advance from the structured settlement. For example, if the buyer makes an offer of $100,000 to purchase a structured settlement, they may advance $5,000 to the seller until the sale is complete. Then, once the sale closes, the company will recoup the $5,000 advance and pay the remaining $95,000 to the seller. The actual amount of the advance will vary depending on different factors, so the seller should contact various factoring companies for customized quotes.
How Much Do Settlement Buyers Charge?
It is worth noting how factoring companies generate a profit by purchasing structured settlements. Typically, they will take a fee of between 9% and 18% of the sale amount.
Disclaimer: The information found in this article is general in nature. If you are considering selling your structured settlement, it would be in your best interest to consult with a financial advisor or attorney who can help you make an informed decision when cashing out. While people who need more money may find it challenging to afford attorneys’ fees, perhaps you can negotiate a reasonable rate with a small legal office.
All that being said, we welcome you to complete the form on this page to receive a free, no-obligation quote from us.
Companies That Are No Longer in Business
- Access Funding
- Annuity Transfers
Telephone: (972) 952-0260
9720 Coit Rd Ste 220-213
Plano, TX 75025 - Client First
Telephone: (888) 594-1195
301 Yamato Road, Suite 3200
Boca Raton, FL 33431 - Seneca One
Telephone: (800) 513-1394
Website: senecaone.com
Address: 7920 Norfolk Avenue.,
Suite #300
Bethesda, MD 20814
Since 2002, SenecaOne has grown to be one of the largest financial services companies of its kind in the country. The company not only buys structured settlement annuities and lottery prize winnings, but also the specialists at SenecaOne explore options and opportunities designed to help their customers realize their long-term financial goals. The company is a member firm of the National Association of Settlement Purchasers, the only professional trade organization for participants in the secondary market for structured settlements. SenecaOne has an A+ BBB Rating. - Woodbridge Structured Funding
Telephone: (866) 865-7044
123 NW 13TH St Ste 310
Boca Raton, FL, 33432-1645
Telephone: (818) 386-6300
14225 Ventura Blvd, Ste 100
Los Angeles, CA 91423