Liquidation / Purchasing Services:

We are in the business of buying and selling notes. If you’re holding a note and would like to cash out instead of waiting for the payments to come in one by one, we can help. However, we also sell notes and can assist you in creating a future income source. In all areas, we do deal with partials notes and work in paying off balances as well as with full repayment. The following are some of the areas we can assist you in.



Program List:
 

 

Lottery Stream Purchase

Most lottery winners choose to receive payments made over time instead of one lump sum payment. However, as much as they would like to, not all winners are able to budget their spending based on these payments. Providence Financial can provide them with a lump sum payment from the sale of their lottery note which may save them from future financial problems.



Annuity Purchases

Many people make weekly or monthly payments into an investment account with the intent of withdrawing this money at the time of their retirement. Often, people may have unexpected needs that exceed their regulated annuity payment. Using Providence Financial’s services to sell a payment may help them meet their financial obligations.



Business Notes

Applying for a bank loan to purchase a business can be a long a complicated process for individuals. For this reason, many people hold seller-financed business notes to aid in the sale of a business. Providence Financial can buy a note you hold for a lump sum or help in the seller-financing of a business.



Mortgage Notes

Today, banks are becoming more and more conservative in their lending practices. Millions of families are eliminated from being able to obtain traditional lending, therefore reducing the number of potential home buyers. In order to qualify more buyers, many home owners are offering seller-financing. Providence Financial can assist that transaction and/or turn the seller’s existing note into cash.



Viaticals/Senior Life

Life insurance premiums get more and more expensive as you age. After age 70 they begin to skyrocket. If you decide you no longer want to pay those expensive premiums, and are over 70 years of age, Providence Financial can help you . You may decide to sell the rights of the policy to us. When you cancel a policy you receive nothing but in selling it you can walk away with cash to enjoy and one less bill to pay.



Note Appraisal

You'll find that having a professional appraisal of your note's current value will be absolutely essential for:

Reviewing investment portfolios
Long range investment planning
Estate and trust purposes
Determination of net worth
Analyzing returns on investments
Sales or transfers of assets
Tax purposes

As you can see, having a professional appraisal of your note's current worth will keep you on top of your money. Use a professional note appraisal for better financial planning. Contact us now. There's no obligation.