Woodbridge Structured Funding Experienced Record Growth In Sales In 2012
BOCA RATON, Fla., Feb. 15, 2013 /PRNewswire/ -- Woodbridge Structured Funding, LLC, announces record results for fourth quarter 2012 with a 50% increase in sales, adding an exclamation point to an already outstanding overall year. Scott Schwartz, the Executive Vice President stated, "The company posted solid fourth quarter results and continues to register record growth in the purchase of all cash flows including structured settlements, lottery payments and investment annuities...and we have seen no let up of that growth as we close out January."
In 2012, Woodbridge increased its national TV advertising budget, affording the company an outlet to reach the thousands of additional annuitants that can benefit from its aggressive offers and expertise. "We have received positive feedback from consumers who are glad to see that we are a company that actually backs our claim to give higher payouts than competitors with a $500 guarantee."
Additionally, Woodbridge Structured Funding has been maintaining an A+ rating from the Better Business Bureau for outstanding customer service and consistent track record. In response to the A+ rating, Schwartz stated, "We firmly believe in providing the very best service for our customers, by focusing on each individual's needs while striving to get the most money for their payments."
After initiating operations in April of 2011, Woodbridge Pre Settlement Funding, LLC, sister company of Woodbridge Structured Funding, LLC, just completed its first full year of operation.The company has spent the past 18 months establishing a name for itself in the highly competitive pre-settlement industry, forging numerous relationships with personal injury lawyers, thereby establishing a flow of referrals that have steadily increased every month since the company's inception. Executive Vice President, Richard Salvato was quick to point out, "This referral base, coupled with our aggressive marketing campaign, is establishing Woodbridge as a household name in the pre-settlement industry". The fourth quarter of 2012 was a remarkable end to the year, not only because of the tremendous amount of advances made by the company, but also because of the large increase in repayments received from settled cases. The settlement period for a personal injury case in the pre-settlement industry averages 18 to 24 months and Woodbridge is just now seeing the beginning of a consistent flow of repayments due to the maturation of cases funded last year.
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