Boca Raton, FL (PRWEB) December 26, 2013
Woodbridge Structured Funding’s Structured Settlement and Lottery Divisions are closing their books on a wonderful 4th quarter. Demand for the selling of annuity payments in exchange for a lump sum remained strong throughout 2013. Scott Schwartz, Vice President of Sales expects strong demand to continue into 2014. “We credit our marketing department and our “Jerry and Gary” TV campaign as the leading catalysts in our continued increase in market share in the structured settlement space.”
This platform continues to experience robust growth. While the industry continues to consolidate, Woodbridge has continued to grow. Meanwhile our other sister companies continue to grow as well. Woodbridge Pre-settlement Funding has had a strong year as pre-litigation advance funding has continued to prosper due to the high demand. Executive Vice President Richard Salvato stated, “I am thrilled to report that over the second half of 2013, we have consistently doubled the amount of advances provided per month to plaintiffs who are in desperate need of funds. These funds are a lifeline to our clients, who otherwise would have to settle their cases prematurely for substantially less due to the delaying tactics of the defendants’ insurance companies.”
Our commercial mortgage division, Riverdale Funding, specializing in hard money commercial loans, recently celebrated closing its 100th commercial loan funding. Joe Hughis, Vice President of this division stated, “It’s been a great year for us at Riverdale Funding. In just one year, we have doubled our staff and taken larger office space to accommodate growing client demand. We expect to continue this fast paced growth in 2014.”
Woodbridge is also focused on the continued growth of all divisions, and has recently explored strategic relationships in the United Kingdom. The company has also started an acquisition campaign to further strengthen our businesses through select acquisitions. 2014 should be an exciting year for Woodbridge and we look forward to further expansion. Woodbridge presently has offices in California, New Jersey, Connecticut, Tennessee and Florida with close to 100 employees serving a national audience.
Woodbridge Structured Funding, LLC can be found online at http://woodbridgeinvestments.com.
About Woodbridge Structured Funding, LLC
Woodbridge Structured Funding, LLC and its predecessor companies and founders have been pioneers in the financial services industry for over twenty years. They were innovators in the purchase of future periodic payments in return for a lump sum, and since 1993, have purchased millions of dollars’ worth of lottery, casino jackpot, structured settlements and annuity payments -- one satisfied customer at a time.
More information regarding Riverdale Funding, LLC’s commercial hard money loans can be found online at http://www.riverdalefunding.com.
About Riverdale Funding, LLC
Riverdale Funding, LLC is a commercial hard money lender specializing in providing a variety of nontraditional commercial asset-based loans for real estate investors and developers throughout the US. We are an equity-driven hard money lender basing our decisions strictly on the value of the real estate. Riverdale Funding evaluates loan decisions quickly and independently, ultimately providing loans tailored to individual financial needs.