Peachtree Settlement Funding Closes on $96 Million in Financing

BOYNTON BEACH, Fla.--(BUSINESS WIRE)--Peachtree Settlement Funding has again secured a credit facility for its Structured Settlements division!

In a deal finalized in mid-December of 2006, Peachtree completed a transaction affording its Structured Settlements division over $96 million in term financing. With the additional funding provided, the division has ample opportunity to forge ahead in its commitment to providing individuals immediate access to their otherwise deferred cash payments.

Peachtree's Vice President and Managing Director of Structured Settlements Deborah Benaim, while echoing the company's delight over the financing, remains focused on the goal she never lost sight of, "The needs of our customers. They will always come before our own, and the profit will follow."

Under Benaim's management, the Structured Settlements division completed 5 successful securitizations totaling nearly $500 million and satisfied nearly $2 million in outstanding child support obligations. Benaim has taken the division through 4 consecutive years of double-digit growth. Peachtree also made the 2006 list of Top 10 "Best Places to Work" by the South Florida Business Journal.

About Peachtree Settlement Funding

Peachtree Settlement Funding is a specialty factoring and finance company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and tobacco payments. 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 underserved markets. For further information you may contact Dustin Nelson toll free at (866) 830-8545. Peachtree Settlement Funding's website address is www.settlementfunding.com.