Peachtree Life Settlements Closes on $500 Million Credit Facility

Peachtree Life Settlements is pleased to announce that it has closed on a $500 million credit facility for the acquisition of life settlements. This new facility gives Peachtree Life Settlements the capacity to purchase an additional $1.5 billion in life insurance policies. This development will add to Peachtree Life Settlements’ ongoing presence as a pioneer in providing institutional financing for the life settlement market.

Peachtree Life Settlements’ Director commented, “This is another milestone in our history and will help us continue our substantial rate of growth. This achievement represents the continued confidence the capital markets have in Peachtree Life Settlements.”

This credit facility brings the total financing made available to Peachtree Life Settlements to nearly $4 billion. Peachtree Life Settlements’ Chief Executive Officer, James Terlizzi, commented, “I’m extremely proud of our achievements and our continued growth. Our perseverance and hard work made reaching this milestone possible.” Mr. Terlizzi further stated,
“In the coming months the Peachtree group of companies hopes to introduce several new initiatives to reach untapped financial assets.”

Peachtree Life Settlements purchases life insurance policies from individuals, typically over the age of 65 with a life expectancy of between 36 and 180 months.

About Peachtree

Peach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, “Peachtree”). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and tobacco payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $2 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on underserved markets. For further information contact Dori Erann at (866) 730-4418. Peachtree Settlement Funding’s corporate website address is www.PeachtreeSettlementFunding.com and Peachtree Life Settlements’ website address is www.life-settlementco.com.

Contacts
Peachtree Life Settlements, Boynton Beach
Dori Erann, 866-730-4418