The transaction is a multi-step legal and financial process:
Founded in 1996 and headquartered in Radnor, Pennsylvania, Peachtree operates as a subsidiary of J.G. Wentworth. The company specializes in providing immediate liquidity to individuals who are currently receiving long-term, periodic payments. Instead of waiting years for scheduled payouts, customers sell a portion of their future payments to Peachtree for a lump sum of cash. Primary Financial Services peach tree loan company
: They offer lump-sum buyouts for winners who are receiving their prizes in annual installments. The transaction is a multi-step legal and financial
: The customer receives a "discounted" quote. Because Peachtree is taking on the time value of money and administrative risk, the lump sum provided is less than the total face value of the future payments. Instead of waiting years for scheduled payouts, customers
The company’s business model revolves around several key financial products: