JG Wentworth, a leading provider of consumer financial services, announced an expanded forward flow agreement with funds managed by One William Street Capital Management, an alternative investment manager.
The expanded agreement underscores JG Wentworth’s dedication to delivering responsible, high-quality financial solutions to consumers nationwide. The additional funding will support growing demand for the company’s loan offerings, which provide consumers with immediate debt relief, improved financial wellness, and credit building opportunities.
Along with consumer lending, JG Wentworth offers comprehensive financial solutions, including debt resolution, structured settlements, life settlements, annuity payment purchasing, and an innovative online marketplace that connects consumers with best-in-class financial products.
KEY QUOTES:
“Our collaboration with One William Street empowers our clients to secure their financial future and build their credit profiles. With this expanded partnership, we are committed to delivering even greater access to affordable financing, helping more consumers take control of their financial lives.”
Jason Tepperman, JG Wentworth’s President and Head of Lending
“We were pleased to have the opportunity to expand our relationship with JG Wentworth through this upsized facility, and we look forward to continue providing capital solutions to the company as it expands its offerings to consumers.”
Frank Prezioso, Deputy CIO at One William Street Capital Management
