Market Meltdown Great News For Factoring Company Woodbridge Investments

The U.S. central bank doubled its planned auction of cash to banks, increasing it to $900 billion. The US Central Bank also unveiled a unit to buy commercial paper, which is debt used by companies for short-term funding. In an unprecedented effort to further ease the current economic crisis, the worst since the Great Depression, the Federal Reserve and four other central banks coordinated to lower the Global interest rate.

Amongst all this economic woe, one company continues to thrive despite wall street's chaos and market downturns, U.S. factoring company Woodbridge Investments. Factoring companies lend money or purchase receivables such as structured settlements, annuities, and lottery payments. These companies are helping consumers get cash in this tight credit market.

Woodbridge Investments, LLC, a leader in buying insurance settlements, structured settlements and lottery payments, reported a record 3rd quarter with an unprecedented increase in factoring transactions, up 45% from same quarter last year. Jennifer Fierro, a company spokesperson and Senior Vice President for Woodbridge said, "We are at the forefront of providing superior service to our customers as evidenced by our company's continued growth. We are opening additional offices and increasing staffed personnel to make sure we maintain our position of excellence where it comes to providing and accommodating every one of our customers with need to cash out their various cash flows, and settlement streams."

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Settlement Quotes, LLC Creates Structured Settlement Broker Services Division

Settlement Quotes, LLC, the leading marketplace for selling the rights to future structured settlement and other annuity payments, creates a marketplace designed specifically for financial planners, attorneys, and structured settlement brokers.
Michael Rudy, a financial planner with Wolakota Financial Advisors, came to Settlement Quotes, LLC after a judge ordered a client of Mr. Rudy to seek a financial planner to ensure that a structured settlement transfer was in his client's best interest. Mr. Rudy came to Settlement Quotes seeking competitive lump sum quotes and to make sure that his client was receiving the best offer.
Settlement Quotes, LLC was able to offer Mr. Rudy and his client an increase of 19% or $14,500 net of all fees.
"So impressed was I with their transparency, helpfulness and results, I am actively working to bring their work to the attention of the executives of my professional financial planning association, the National Association of Personal Financial Advisors," said Mr. Rudy.

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