The Acquisition Of An Industry-Leading Finance Company Is Paving The Way To Improve Lives
The new owners of Singer Asset Finance Company, L.L.C. are determined to improve the lives of their customers by providing cash in exchange for future structured settlement and annuity payments.
Boca Raton, Florida – March 14, 2011 – Singer Asset Finance Company, L.L.C. (“Singer Asset Finance”), which was founded in 1995, is a leading purchaser of structured settlement and annuity payments. Recently, Singer Asset Finance was acquired by partners, Howard Weinberger and Kenneth Barnett. Mr. Weinberger, the Chief Executive Officer, had been employed by Singer Asset Finance since 1999. Mr. Barnett, the President, had been employed by Singer Asset Finance since 1997. After the acquisition, the company retained its entire staff, allowing Singer Asset Finance to maintain its position as one of the most experienced companies within this niche industry.
By retaining its team of legal and financial experts, most of whom have been with the company in excess of 10 years, Singer Asset Finance can exceed the expectations of its customers and improve lives by providing cash in exchange for future structured settlement and annuity payments.
“During economic downturns and times of significant unemployment, the need for our service grows, as our customers are sometimes forced to liquidate their future structured settlement and annuity payments to avert financial disaster, including foreclosure of their homes.” said Mr. Weinberger.
Singer Asset Finance is an industry pioneer and national leader in converting structured settlements, lottery winnings, and annuities into lump sums. Since inception, Singer Asset Finance has purchased nearly $1 billion in future annuity payment streams. Today, 47 states have enacted transfer statutes allowing the sale of structured settlement payments. Singer Asset Finance is a founding, and still current, board member of The National Association of Settlement Purchasers, the national trade association for companies who purchase structured settlement annuities.