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Structured Settlements

Rhonda Bentzens Factoring Broker Post

Rhonda Bentzen who previously owned Bentzen Structured Settlements Incorporated, 1 of only 3 approved structure firms in the province of the British Columbia was previously a structured settlement broker. She is now working the factoring side of the structured settlement industry through her new company Bentzen Funding Solutions. Ms. Bentzen receives most of her clients through referrals from structured settlement brokers.

Are Low Discount Rates Bad Business?

The following questions were asked by structured settlement factoring companies to Settlement Quotes when acquiring additional quotes on a structured settlement factoring transaction for a client:

  • "Is this a legitimate offer?"
  • "Can you get this quote in writing?"
  • "Can they make money with a discount rate that low?"

The answer to all of these questions was "Yes!" After providing these companies with the written offer to see if they could beat the quote that I obtained, I received criticism for using a company that provides a discount rate in the 8% range.

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