Granoff Invites People to Sell Annuity Payments for Lump Sum Payout
Posted by Marty Granoff
Fort Lauderdale, Florida (May 6, 2013) - The highly regarded financial firm Granoff Enterprises is offering individuals with strong future cash flows the opportunity to sell annuity payments and receive a lump sum payout. The company offers this service to people who cannot wait on the payments they are scheduled to receive to meet their present financial needs.
Regarded as lump sum payout specialists, the company purchases all types of future cash flows. These include contest winnings payable over time, casino prizes, business notes, lawsuit and structured settlements, immediate annuity payments, and many others. They also serve as an investor or broker for clients selling annuity payments.
Funding the financial needs of different individuals for more 20 twenty years, Granoff Enterprises has proven to be reliable in helping people garner financial security in a short period of time. The company also works with third party referral sources like attorneys, accountants, financial planners, bankers, life insurance professionals, and others who have clients expecting to receive cash.
Even if the company has offered their services for over two decades, the concept of buying and selling annuities still remains foreign to many people. At the moment, there is no common short-worded term for the industry. Moreover, the secondary market currently remains unregulated despite giving plenty of value to those who sell their payments.
The uninitiated tend to be apprehensive because they don't quite understand how Granoff Enterprises and investors can make a profit from buying annuities and other future cash flows. Company owner Martin Granoff helps address concerns and clarify the workings of the industry by writing about its essential aspects.
Particularly, in a January 2013 article published on CashFlowExclusive.com, he expounds on how his business was able to acquire funding for cash flow acquisitions from individual outside investors and was successful enough to build their own portfolio. He further details how the company successfully worked through the financial crisis that affected the industry in 2007. Ultimately, he points out that, despite the current poor economy, interest rates are poised to be low for 2013 and beyond. With the economy set to see more cash flow sellers, the potential of the industry is promising.
To learn more about Martin Granoff and the services his firm provides, visit www.GranoffEnterprises.com.
About Granoff Enterprises
Established by Martin Granoff in 1980, the firm started out by raising equity and debt capital for new and existing business ventures. After two years, they began acquiring real estate notes and, in 1994, started offering big state lottery winners the ability to convert their winnings into a more immediate lump sum payment. Resulting inquiries about purchasing other future cash flows then led them to develop into what is now Granoff Enterprises.