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09-30-2024, 10:19 AM #1Member
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1.25 million dollar settlement - need bank & funder
HI,
i have a client with a 1.25 million dollar settlement looking to cash out but cant early- any banks work with this?
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09-30-2024, 10:29 AM #2Senior Member
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I don't think that any banks do that. There are private factors, that buy the settlement, and it depends on the type of settlement who owes the money (insurance hopefully). Send me an email, I can direct you to one or two.
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09-30-2024, 10:38 AM #3Senior Member
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J C Wentworth
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
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