PROSPERITY

PARTNERS, INC.

Forging New Horizons


Company Profile

Customer Focused Cash Flow Alternatives

Prosperity Partners was formed to offer people receiving unusual cash flow instruments an alternative to time based pay-outs. By focusing on the purchase of cash flows historically ignored by traditional lending institutions, Prosperity Partners provides these recipients a needed funding resource.

Prosperity Partners has identified several core cash flow instruments, and created innovative techniques for successfully converting them into readily available funds. We take a creative yet controlled approach to establishing guidelines for working with these instruments to ensure the best interests of our clients are served. Recipients of these instruments can choose from our many programs designed to meet immediate and future financial goals.

Lottery and Contest Prizes

Prosperity Partners has established a leadership role in offering lottery winners a variety of lump sum payment options to the 20-year pay out schedule. Since we began this program we have helped hundreds of lottery winners, nationwide, reach immediate and future financial goals by converting all or part of their winnings into a cash payment.

Most lottery prizes are not assignable, except by court order, so Prosperity Partners has created legal and administrative techniques to expedite the process at no cost to our clients. In fact, since Prosperity Partners began buying lottery prizes, several states have recognized the need for lottery prize winners to seek an alternative to 20 year payouts and enacted legislation to expedite the process.

Structured Settlements

Every year thousands of individuals, nationwide, receive structured insurance settlements (annuities resulting from personal injury lawsuits). Many of these recipients would benefit from a lump sum payment instead of scheduled payments. However, since most of these settlements are not assignable, conventional financing is impossible.

Prosperity Partners has created a complete set of guidelines to qualify structured settlement recipients' as candidates for a single payment.

Trusts, Estates and Other Periodic Payment Contracts

Because circumstances can change rapidly, simply having guaranteed income may not be enough to meet immediate financial needs. That is why Prosperity Partners funds alternatives for many kinds of unusual cash flows. We will evaluate any instrument that provides regular income and quickly tell you if a lump sum payment is possible.

Positioned to Serve Into the Next Century

Prosperity Partners' focus on customer service and satisfaction has made us a leader in the alternative cash flow market. We have implemented a number of innovative services not usually associated with the financial industry including: extended hours, toll free fax lines, overnight delivery of all documentation and no service or documentation fees.

Our success has allowed us to become a primary funding source for many of these transactions, assuring fast closings. Prosperity Partners' forward thinking and openness to new financial products is grounded in sound financial practices, positioning us for continued growth into the next century.

Corporate History

Banks and traditional lending institutions have a history of taking a conservative approach to lending money against certain assets. Typically, they do not recognize some forms of cash flow as viable assets. These income sources can range from accounts receivables to trust funds. Yet, with tightening credit and increased banking regulation, businesses and individuals are becoming more creative in how they use these cash flows.

Prosperity Partners was formed to service these cash flow recipients as an alternative to conventional banking sources. The groundwork for Prosperity Partners' expertise began in the mid-80's as company president Randall Simoes established himself as a leader in a cash flow industry that was mainly factoring receivables and handling private seller-held mortgages. As an industry leader and national speaker, Mr. Simoes saw increasing opportunities over the years to service other, more unusual cash flows.

In 1993 Prosperity Partners purchased its first state lottery prize for a lump sum payout. Since that time they have purchased hundreds of lottery prizes nationwide. As Prosperity Partners perfected its technique for purchasing lottery prizes, several states began to understand the need for an alternative to the 20-year lottery payout and have enacted legislation to allow recipients to seek lump sum alternatives.

Prosperity Partners soon built on its expertise and began purchasing structured settlements, trusts, annuities, viaticals and other unusual cash flows. By focusing on client objectives and unparalleled customer services, Prosperity Partners has established itself as an industry leader.

Since its inception, Prosperity Partners has maintained its leadership role by consistently identifying unusual cash flows that can be serviced as investment grade products. With a business philosophy that employs creative techniques grounded in sound financial practices, Prosperity Partners will continue to meet its client's objectives and maintain its growth into the next century.

The Leader at Providing Cash Flow Alternatives

Prosperity Partners has established a distinguished record of performance in the alternative cash flow industry. Our innovative techniques and guidelines allow us to successfully turn alternative cash flow instruments into cash payments at no risk and no cost to our clients.

Every day, thousands of people receive insurance settlements, lottery prizes, trust funds and other income vehicles that are paid over time. Prosperity Partners has forged a leadership role in helping these cash flow recipients increase the value of their payments, improve their quality of life and create truly enduring wealth by turning payments over time into a lump-sum payment today.

Meeting Goals Now and for the Future

We all have immediate financial needs as well as hopes for a secure future. Yet even with a secure, structured income it can be difficult to meet our financial goals.

No matter what the structured income -- lottery prize, insurance settlement, or trusts -- inflation will eat away at the value of today's payments, making them worth less in the future. Yet in most cases, the structured payment amount will never increase to meet inflation.

Prosperity Partners' team of experts provide sound, innovative techniques that offer structured cash flow recipients lump-sum alternatives that can help them meet financial goals, now and in the future.

Many of our alternative cash flow clients have used their lump-sum payments to expand businesses, start new ventures, pay off debt, purchase homes or make investments that provide enduring financial security.

Outstanding Customer Service, No Risk, No Cost

Prosperity Partners puts our client's needs first. Our lump sum payment plans are flexible and individually tailored to each client's financial goals.

Our team of legal and financial experts answer any questions our clients' or their legal and financial advisors may have, assist in establishing financial goals and professionally administer every part of the transaction. There is absolutely no obligation or cost to the client.

Once a financial goal is established, Prosperity Partners' team does the rest. We provide all necessary funding, research, documentation, legal fees, including litigation and closing costs. The only cost to the client is for their own legal or financial advisors.

Benefit from the Leader

Prosperity Partners' unique knowledge and proven techniques have helped many alternative cash flow clients realize their dreams. Our success and experience in this unique market has positioned us as a well funded resource for these types of transactions. In many cases, Prosperity Partners has been able to close transactions when other sources cannot.

Prosperity Partners gives structured cash flow recipients the option to benefit from future payments today. For more information about Prosperity Partners see the pages listed below, or call us toll free at 800-938-6400.

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Copyright © 1996, Prosperity Partners, Inc. All Rights Reserved. Reproduction without permission is strictly prohibited.

For future reference, this page's URL is http://www.note.com/note/pp/ and it was last updated by the webmaster@note.com on March 27, 1996.

For more information, call (800) 938-6400 or email to prosperity@note.com