What is a Structured Settlement Factoring Loan?
A structured settlement factoring loan is an option when you receive a structured settlement that results from a personal injury lawsuit. A structured settlement is an award in which the victor of the lawsuit will receive periodic payments over a specified time. If this arrangement does not meet your current needs you may consider a structured settlement loan. To obtain a structured settlement factoring loan you will need to sell all or part of your future payments for a one-time lump sum of money.