Cash Advance on an Annuity

Very often annuitants consider monthly, quarterly or annual payments they receive from their settlements as a good fixed income. But life is unpredictable and circumstances can change suddenly causing various financial challenges that require immediate response. Applying for a cash advance on your annuity settlement can be an ideal if not the only choice in such a case.

All the pros and cons should be weighed before making a decision to sell your annuity for a cash advance and before choosing a funding company to realize this transaction keeping away from undesirable frustrations. By choosing our company to turn your annuity into cash, you can rest assured that you're working with a direct funder committed to appraise your annuity properly and provide you with the most cash.

When you decide to sell your annuity for cash, the first option you would have to consider is whether to get the entire volume of your money or just a portion of it. Typically, it depends on your current financial goals. In the case of big expenses like purchasing a house or new car, or educational and medical bills, opting for a lump sum of cash can be the only right solution. If you estimated that a partial payment would be enough to meet your needs, you can turn just a certain portion of your annuity into cash.

Don't trust buyers that promise to turn your annuity into cash "immediately" as this is absolutely impossible. The process includes several stages and cannot be completed sooner than 7-8 weeks. As one of the leaders in the field of structured settlement and annuity cash payouts, we take care of the selling process ourselves and can provide you with a cash advance on your annuity within 45-60 days after you accept the purchase. What's more important is that we have no additional taxes or hidden fees, which means you will have to pay only taxes that your original settlement contains.