Back to Press Releases

Peachtree Settlement Funding Concludes Second 2005 Securitization of Structured Settlement Receivables

Boca Raton, FL, September 16, 2005 - Peachtree Settlement Funding has concluded its second term securitization of structured settlement receivables in 2005. Barclays Capital handled the one hundred five million dollar placement, which was heavily over-subscribed.

Peachtree's Chief Executive Officer, James Terlizzi, commented, "This recent securitization demonstrates the strength of Peachtree's Structured Settlement Division and the investment community's interest in these assets."

Deborah Benaim, Director of Peachtree's Structured Settlement Division, commented, "I am extremely happy with the growth and progress of our Structured Settlement Division and I am looking forward to its continued success."

Founded in 1996, Peachtree is a leader in the specialty factoring industry. Peachtree acquires a wide-range of financial assets such as Structured Legal Settlements, Lottery Receivables, Life Settlements and other types of deferred payment obligations.

This placement, in addition to last month's announcement of one billion dollars in committed financing, demonstrates continued confidence in Peachtree from the capital markets as Peachtree rapidly approaches its second billion dollars in committed financing.

About Peachtree Settlement Funding

Peachtree Settlement Funding is a specialty factoring company, which allows recipients of future cash flows to obtain an immediate lump sum in exchange for all, or a portion of, those future sums. Peachtree is the nations leading specialty-factoring company and caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and life insurance policies. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $2 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on under-served markets. For further information contact PR Manager, Greg Meyer, at 866-274-6534 or e-mail at Gmeyer@lumpsum.com.

Back to Press Releases