Peachtree Settlement Funding Marks Major Milestone As It Passes The One Billion Dollar Mark In Committed Financing
BOCA RATON, Fla.–(BUSINESS WIRE)–Aug. 16, 2005–Peachtree Settlement Funding announces that it has exceeded the one billion dollar mark in committed financing. This milestone demonstrates Peachtree’s continued growth and strong financial support from the capital markets.
Founded in 1996, Peachtree Settlement Funding 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.
The one billion dollars in committed financing demonstrates continued confidence from the capital markets and Peachtree is already rapidly approaching its second billion in committed financing.
Peachtree’s Chief Executive Officer, James Terlizzi, commented, “I’m extremely proud of our achievements and our continued growth. Our perseverance and hard work made reaching this milestone possible.” Terlizzi further stated, “In the coming months Peachtree will introduce several new initiatives to reach untapped financial assets.”
In early 2006, Peachtree is planning to move its Boca Raton offices to a newly designed 50-thousand square foot facility in Boynton Beach, Florida.
Life Settlement Pro has previously and will continue to do business with Peachtree.
