Peachtree Financial Solutions

Press Releases

Feb 5, 2008 : Peachtree Settlement Funding Closes on $200 Million in Financing

BOYNTON BEACH, Fla. - Peachtree Settlement Funding has secured another sizeable credit facility for its Structured Settlements division.

Peachtree completed a transaction affording its Structured Settlements division over $200 million in financing for the acquisition of structured settlement payments and annuities including life contingent annuities and settlement payments. This facility will allow Peachtree to continue to execute on its aggressive growth strategy.

Peachtree’s Vice President of Structured Settlements Lori Wengatz said, “I am very pleased to have closed on this substantial commitment. This will enable Peachtree to continue as the leading purchaser of longevity and mortality based payment streams.” She further added, “2007 was a terrific year, and with this additional funding we expect 2008 to be outstanding as well.”

About Peachtree

Peach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, “Peachtree”). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured settlements payments, annuity payments, lottery prize payments, sweepstakes awards and sports contract payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $4 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 contact Dana Peller at 1-866-931-2683. Peachtree’s corporate website address is www.peachholdings.com.