by Structured Settlement Watchdog
JG Wentworth and Peachtree dominate the structured settlement factoring industry representing close to 70% of the industry's structured settlement factoring transactions each year, according to a survey posted on the Settlement Quotes, LLC website.
It is no coincidence that the leading two companies invest substantial amount of money on saturation advertising campaigns that are memorable but universally annoying.
- J.G. Wentworth 5,000
- Peachtree 3,500
- Strategic Capital 500
- Stone Street Capital 400
- Imperial Holdings 400
- Structured Asset Funding/123 Lump Sum 300
- Prosperity Partners 300
- RSL Funding 300
- Settlement Capital 200
- Woodbridge Structured Funding, LLC 200
- Novation Capital/ Encore 200
- Patriot Funding 200
- CBC Settlement Funding 150
- Singer Asset Finance 150
- Annuity Transfers, Ltd. 140
- Client First 120
- Fairfield Funding 120
- Olive Branch Funding 120
Settlement Quotes' survey does not explain how estimates were derived. Factoring companies who believe that these estimates are not accurate are free to contact this author with adjusted numbers. The Settlement Quotes report includes contact information, links to each company's website as well as a description of key personnel and Better Business Bureau record. If you are a "yelper", Settlement Quotes also gives you the ability for those who have patronized these companies to write a review.
Setting aside the obvious, that J.G. Wentworth and Peachtree have made spectacular returns on their advertising dollars, one wonders how many of the 70% who have embraced "Peachworth" are actually shopping around for the best deal?
Structured settlement sellers may be tempted to jump at the first offer for their structured settlement payments, when it might be a wise and strategic move to preserve more capital with another factoring company and/or negotiate with one of the big advertisers.
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