What are cash flows?
A CASH FLOW is simply a series of guaranteed payments made over a certain period of time. A simple example would be a lottery winner who is receiving payments. He/She has signed a contract from a State or Federal lottery division, and is awarded payments over time. Some people would rather have one big check, instead of waiting for payments to come in. This can be accomplished by finding a “Note Broker” who will arrange the sale of these payments to a “Note Buyer”. “Note Buyer’s” purchase all kinds of payment streams, including lottery winnings, however these amount to only a fraction of the cash flows being sold. Most of the cash flows sold today by Note Brokers, are either “Mortgage Notes” or “Structured Settlements”. There are literally billions of dollars in mortgage notes, and billions of dollars in structured settlements in today’s market. Many of these people are desperately looking for a “Note Broker” right now, because they have decided to sell these payments for a lump sum of
