We can help you receive a lump sum payout

"For more than 20 years we have been serving clients who are currently receiving structured payments with a fast, professional and credible solution for their immediate funding needs."— Martin Granoff, President

Perhaps you want to start a business, pay a medical bill or take the vacation of a lifetime... Whatever the motivation, you don't have to wait for some or all of the scheduled payments owed to you - you can cash out now with our expertise.
At Granoff Enterprises we understand that life happens and a payment schedule that worked in the past may no longer suit your needs. We have served clients who have lost their jobs, wish to fund a wedding, are paying for a child's college education or a parent's medical expenses. Some are going through a divorce and others want to take advantage of a business opportunity. It doesn't matter what your reason is for needing cash now. If you are the recipient of future payments due from a financially strong source we can help you receive a lump sum payout.
In addition to dealing directly with individual clients such as lottery and contest winners and annuity recipients, we also work through third party referral sources such as attorneys, accountants, financial planners, life insurance professionals, bankers, cash flow brokers/consultants and other professionals. Granoff Enterprises is committed to a "win-win-win" situation for all involved.
With a keen industry knowledge, smart practices, low overhead and efficient processes, we are often able to offer the most attractive payout amounts available. We encourage our clients to be educated and informed so it is our pleasure to walk you through the process to make sure you are confident about your decision and our service. We also have a deep understanding that, regardless of how well you manage your money, you may now need some immediate "extra" cash. We are here to help. See what our clients are saying about us.
Serving a wide-range of clients, including:

• Lottery and contest winners
• Those who have won lawsuit settlements
• Annuity recipients
• Anyone receiving installment payments over a period of time who would prefer a lump sum payout now.

Do you desire up-front cash now for some or all of your future installment payments?

 

Granoff Enterprises provides lump sum cash to those who have future payments due to them from financially strong sources.

Examples of future cash flows include:

• State lottery winnings
• Contest winnings (like TV game shows, golf tournaments with sizeable hole-in-one prizes and all types of consumer contest prizes payable over time).
• Casino prizes (big progressive slot machine wins payable over time)
• Business-related lawsuit settlements payable over time
• Structured settlements which are usually settled lawsuits involving personal injury or death and medical malpractice, payable over time
• Immediate annuity payments (the annuitant made an insurance purchase in the past to receive future monthly payments starting immediately)
• Seller take back business notes created to facilitate the sale of a business
• Disability income payments
• Other types of future cash flow due from financially strong sources

If you desire up-front cash now for some or all of your future installment payments, look no further than Granoff Enterprises. Professional, respected and long established, we have been helping individual clients fund current financial needs for more than 20 years. We also work with third party referral sources such as attorneys, accountants, financial planners, life insurance professionals, bankers, cash flow brokers/consultants and other professionals who have clients receiving future cash flows.

Granoff Enterprises, the "lump sum payout specialists"

Granoff Enterprises, the "lump sum payout specialists"

Founded in 1980 by Martin Granoff, Granoff Enterprises began raising equity and debt capital for new and existing business ventures.

In 1992 Granoff Enterprises expanded and began acquiring real estate notes (seller take-back financing when a property sells). In 1994 when big state lottery winners did not have a lump sum payout option, Granoff Enterprises began offering existing winners the ability to convert some or all of their future payments into lump sum cash now. Word spread and the firm began receiving inquiries regarding other future cash flows. The business continued to grow and Granoff Enterprises now purchases all types of future cash flows including:

• contest winnings payable over time (television game show winners, hole-in-one golf prizes, etc.)
• manufacturers' and retailers' contests, restaurant contests, etc.,
• casino prizes (mainly big prize payout slot machine wins),
• business notes (some seller financing offered buyers to help sell a business),
• other future payments due from financially strong sources.

Today, Granoff Enterprises is highly regarded as a “lump sum payout specialist” with a solid reputation and a long list of loyal clients— including individuals, attorneys, accountants, financial advisors, cash flow brokers and other professionals serving those with future payments due to them from various sources. To better educate both professionals and cash flow recipients regarding the various options they have with their future revenue streams, Mr. Granoff co-founded and is executive vice president of "CASH FLOW EXCLUSIVE LLC," and its very popular industry publication. For your free subscription, click here.

TURN INSTALLMENT PAYMENTS INTO A LUMP SUM PAYOUT

Find out how easy it is to receive a lump sum cash payment now for all or some of your future structured settlement payments, annuity payments, lottery winnings or any other kind of future cash flow. For a complimentary consultation or purchase quote, click here and complete the short form. You can also reach us at 1-800-869-6060.

Business notes can be most interesting to acquire

Business notes can be most interesting to acquire, especially this specific recent one. About two years ago a neighborhood laundromat in MA, offering other cleaning services as well, was sold for $100,000 with $70,000 cash down and with the seller taking back a $30,000 note. This note had no payments due nor interest accruing until 3/1/14. The amortization schedule thereafter was for two years with the note then being fully paid off. The seller of this business/the note holder later declared bankruptcy and the bankruptcy trustee was now selling this note to pay creditors. With such a strong down payment by the buyer which we were able to independently confirm and feeling comfortable with everything else we were able to check out, we decided to bid on this note.

It turned out there was one other bidder, the buyer of this business/the note payor. He saw an opportunity to pay off his note at a substantially discounted amount and made a bid payable over six monthly installments. We thus initially decided we could start bidding at the same amount but all cash which would thus be a stronger bid. We decided, however, to bump it $1,000 and all cash. By making this offer, this meant there needed to be a court hearing before the bankruptcy judge who would then seek higher offers but by sealed bids handed to him on the bench. Hmmm, what to do. The payor knew our initial bid as we knew his original bid. I guessed he would increase it maybe to a $1,000 more then ours so we went $1,500 more. The envelopes were opened and his bid exceeded our original bid by $1,050 so our sealed bid was the highest. We will shortly receive a copy of the bankruptcy court order documenting our new ownership of this note.

We would be very happy to wait it out for full payment based on the original payment schedule though I plan on approaching the payor with an early payoff incentive which both he and we would be pleased with. What a fabulous business this is.

How Selling Structured Settlement Payments Can Alleviate Family Spending

 

How Selling Structured Settlement Payments Can Alleviate Family Spending

Personal finance writer Jessica Dickler talks about how rising healthcare costs continue to make life difficult for the American family. In this article, she writes how 2012 was the fifth year in a row that healthcare costs rose by a margin of 7 percent or more. According to the Bureau of Labor Statistics, from 2007 to 2012, healthcare costs have taken a huge chunk of the average American family's budget as the prices of goods continue to rise.

Imagine how difficult it must be for a personal injury victim who must also bear the financial pressure of his recovery. Things don't get any easier if he's the sole breadwinner of the family, or if he's someone who has been debilitated for some time and has been unable to work. Sure, the sum he wins from the settlement could be enough to pay a huge chunk of the bill—but what if he's forced to accept structured settlement payments for his injury that prevent him from covering the costs immediately?

In urgent financial situations like this, it's good to know that there's an alternative to fall back on. A reliable buyer of structured settlement payouts can convert the installments into a lump sum. Anyone who receives recurring payments from an annuity or settlement but suddenly finds himself in greater need for cash can turn to such a professional for help.

Jessica Dickler's article also tackles the Obama administration's Affordable Care Act, which aims to reduce healthcare costs down to manageable levels. While some of its provisions have already been implemented, the timeline on the U.S. Government's healthcare site shows that the biggest changes are still in store for late 2013 to early 2014. In the meantime, though, families can approach structured settlement buyers to bridge immediate cash deficits and lessen the burden of healthcare spending on their finances.

Of course, there are considerations to be made before one signs a contract with a buyer. Knowing the types of programs the company offers is imperative, for one. Typically, a client will be offered a lump sum in exchange for continual payment distribution. There might be other options, though, should the client decide not to sell all his payments.

The buyer will also need the details of the structured settlement, so one must come prepared. These details include the name of the life insurance company paying the annuity, the schedule and amount of each payment, and the number of payments remaining. With these specifics, the buyer can determine the value of the structured settlement in lump sum.

“It's time to sell my structured settlement payments.” Those who find themselves saying this more often must appreciate the intricacies of the process. Because it is fiscal stability on the line, a reputable buyer such as Granoff Enterprises makes it a point to educate potential clients and even recommends that they seek legal counsel before finalizing any contracts. Armed with all the information they need, they can make the best decision for themselves and their families.

Granoff Shares Tips on Acquiring More Structured Settlement Payments

Davie, Florida (July 18, 2013) – Martin Granoff of Granoff Enterprises is offering cash flow industry professionals some valuable tips on how to acquire more structured settlement payments. He discusses these in one of his articles entitled What Kind of Deal Flow Have We Been Experiencing?, published on CashFlowExclusive.com.

In the article, Granoff highlights that the number of people who are looking to cash in on their future payments has grown steadily over the last few decades. These people hold annuities, casino prizes, or contest and lottery winnings, and have realized the need to convert these structured payments into lump sums. This may be because they are starting business endeavors, paying unexpected medical bills, facing forced pay reductions, or the loss of a job.

Even if some cash flow brokers recognize this demand, they still have a hard time searching for clients who are looking for a buyer of an annuity structured settlement and who they can trust to give the best deal possible. Granoff shares that the problem lies in brokers' inadequate prospecting and marketing skills—weaknesses they can improve on by taking his helpful tips.

First, he advises them to examine if they have been members of several chambers of commerce and if they introduce themselves to more people during special events. He says that they should avoid talking to the same sets of people in order to expand their network of prospective targets.

Next, they should think if they have been talking to enough accountants, attorneys, financial advisers, realtors, and insurance agents about what they are doing. He advises brokers and cash flow professionals to keep on calling and talking to more people from these sectors and never lose hope whenever they get negative responses. Mortgage brokers are another set of people that cash flow practitioners should also coordinate with when it comes brokers' turndowns and alternative ways to provide financing.

Lastly, Granoff notes that building good relationships with personal injury attorneys may yield outstanding results as far as finding cash flow clients is concerned. These lawyers help people secure structured settlements and may provide client referrals in the future.

For more information on cash flow and Granoff Enterprises' services, visit www.GranoffEnterprises.com.

 

Granoff Offers Tips on How Brokers Can Sell Annuity Payments Better

Davie, Florida (July 19, 2013) – Martin Granoff, the co-founder of Granoff Enterprises, is offering brokers tips that can help them become more successful as they sell annuity payments on behalf of cash flow recipients. He provides tips based on his company's more than 20 years' worth of experiences dealing with different types of brokers.

When cash flow recipients need immediate financing, they have the option of selling annuity payments to get the money they need. To help them sift through the details and obtain the best deal, they may acquire the services of a broker. Recognizing the importance of the relationship between the two parties, Granoff explains what brokers can do to make this partnership work.

He points out that good brokers always obtain pertinent documents and information about a sale and present these to investors. This enables the latter to evaluate terms of the annuity payments, determine if they make for a good purchase, and ascertain they are working with credible sellers. Commonly, this is done by brokers who are working directly with the note seller and not with another broker.

Good brokers also establish good rapport with the seller. This lets them respond promptly when an investor calls for more information, as they are able to obtain the answers quickly from the seller. In contrast, unsuccessful brokers fail to do this—usually because they only hear of the note they are trying to broker via another broker, or through unreliable note-listing websites.

Barely able to obtain any information regarding the cash flow they are trying to sell, they might not even understand what it means if they do get it. As a result, they hardly ever respond when contacted for additional information, or do so only after a long time. They also tend to sell the note in a very desperate fashion. Granoff considers these brokers as individuals simply wanting to make a quick buck.

To make it good in the cash flow industry, he advises aspiring brokers to only deal with notes that they themselves would want to acquire, learn as much about the cash flow before they begin selling it, and determine if buying it is reasonable and worthwhile.

To learn more about Martin Granoff's services, visit www.GranoffEnterprises.com.

About Granoff Enterprises

The company was established in 1994 to help lottery and other contest winners receive a lump sum payment for their winnings instead of getting it in scheduled partial payments. The firm has eventually grown to include the purchase of other kinds of annuities and settlements in their services.