I just received this from one of my principles. This is a special offer so will not be listed like the rest of our Structured Settlements. If you’re interested, you can give us a call at 719-786-6220.
Attached is an interesting case we have to offer. We currently have 2 interested parties in this settlement but no solid commitments. This case has a short accrual period and not a lot of time value of money but can still provide a nice comp and payout for your client.
Comparable 5 year products and rates:
MYGA: 3.20% (interest only Withdrawal)
Gov Bond: 2.34%
- BP Oil Settlement payable to a corporation through a trust
- Funds are in a set aside account with no credit risk or company solvency risk
- Funds will be sent to an attorney IOLTA account
- Payments will be irrevocably assigned from current payee to new investor
- Trustee and attorney of the settlement will be available after the holiday for additional questions from our legal and potential investor/agent
- Seller/corporation is signed up with the factor and is looking to sell in a timely manner so case is a quick close
Projected closing date: 7/10/2017
Purchaser Price: $3,701,923.99
Payout: 3.500% annualized interest rate for 5 years.
Please let me know if you are interested as we expect for this case to close quickly.
Call for details and payout schedule (719) 687-6220.