-- Liberty Settlement Funding, a leading purchaser of structured settlement and annuity payment rights, is pleased to announce that it has recently closed on a $100 million dollar secured financing facility.
The new capital will be used to support various business units including both the structured settlement and lottery divisions. In addition, Liberty Settlement Funding will be expanding its suite of financial products furthering its goal of becoming a leading specialty finance company.
Jim McCabe, Chief Executive Officer at Liberty Settlement Funding, commented, “We are very pleased to have secured this financing and look forward to using it to expand our current operations. Our customers use their money for a variety of reasons: to buy houses and make home improvements, pay off high interest debts, make smart investments, and build new lives for themselves. With this financing, we will be able to help even more individuals achieve their financial goals.”
Marc Hermes, President of Liberty Settlement Funding, commented, “This financing will allow us to continue to grow and expand. We will now have access to resources that will help improve our overall customer experience and allow us to explore new ways to find financial solutions for our clients.”
About Liberty Settlement Funding
Liberty Settlement Funding is a specialty finance company that purchases structured settlements, annuities, and lottery winnings in the secondary market. Headquartered in Fort Lauderdale Florida, Liberty Settlement combines unique underwriting expertise and best in class customer service with robust financial resources to provide its customers with the financial freedom they eagerly seek. Liberty Settlement is comprised of structured settlement and specialty finance veterans with over 100 years of collective industry experience. Since 2011, Liberty has helped thousands of people receive cash from their structured settlements, annuities, lottery winnings, and other payment streams.
Marc Hermes, (877) 255-8189
Release ID: 89605