Peachtree Financial Solutions
| Company type | Private (after acquisition) |
|---|---|
| Industry | Financial services |
| Founded | 1996 |
| Headquarters | Radnor, Pennsylvania , United States |
| Products | Cash advances on structured settlements, annuities, lottery winnings, pre-settlement funding |
| Parent | The JG Wentworth Company |
Peachtree Financial Solutions, based in Radnor, Pennsylvania, specializes in providing cash advances to individuals possessing illiquid assets such as structured settlements, annuities, lottery winnings, and pending legal claims.
Established in 1996, Peachtree became a publicly traded company on the London Stock Exchange in 2006 before being acquired by The JG Wentworth Company in 2011.
Company
Peachtree focuses on acquiring liquid assets like lottery winnings, structured settlements, and life insurance policies. Additionally, it delivers specialized asset portfolio management services for third-party investors, including pre-settlement funding and financing for attorney expenses to support law firms facing cash flow issues.
The firm offers advances to plaintiffs involved in personal injury, product liability, and wrongful death lawsuits during the litigation or settlement process. This financial assistance enables plaintiffs to cover ongoing personal, medical, or business costs without resorting to early low-value settlements.
Structured Settlement
Recipients of structured settlements have the option to obtain immediate cash by selling their future payment streams through Peachtree Financial. These payments typically arise from personal injury claims and may be sold in full or in part. Transfers must receive court approval under the Structured Settlement Protection Act to protect recipients' interests.
Annuities
Individuals receiving annuity payments—whether from investments, retirement funds, or inheritances—can liquidate some or all future payments with Peachtree for upfront cash. Unlike structured settlements, these annuity transactions do not require judicial authorization.
Pre-Settlement Funding
For plaintiffs engaged in active personal injury cases, Peachtree offers nonrecourse cash advances that are repayable only upon a successful outcome. This form of funding provides financial relief without imposing loan repayment obligations if the case is lost.
Advertising
Peachtree Financial Solutions has prominently featured its mascot, Peaches the dog, in nationwide marketing campaigns.
Awards and recognition
In 2005, Peachtree played a significant role in purchasing structured settlements for victims of Hurricane Katrina.
The company has received numerous industry accolades such as:
- Best Litigation Funding Provider – New York Law Journal
- Gold "Case Funding Provider" – The Legal Intelligencer
- Top Funding Company – New Jersey Law Journal
- Best Litigation Funding Provider in California – The Recorder