Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Annuities

Fla. Settlement Buyer Closes Financing

X
Your article was successfully shared with the contacts you provided.

Structured Asset Funding L.L.C. has closed a $100 million line of credit with Deutsche Bank Securities Inc.

Structured Asset, Hallandale Beach, Fla., a company that does business as 123Lumpsum, will use the line of credit to finance the purchase of court-ordered structured settlements.

The firm buys structured settlement payments and annuities from individuals who need immediate access to cash.

Deutsche Bank Securities is a unit of Deutsche Bank A. G., Frankfurt, Germany.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.