Founded in 2006, Settlement Quotes LLC is a small (under ten employees), public financial services company located in Manchester, Connecticut (as is Solid Funding).
Settlement Quotes is essentially a clearinghouse operation to which clients come in order to seek offers from multiple funders on annuity payments, structured settlement payments from insurance companies or lawsuit settlements and lottery payments. At the company website, Settlement Quotes offers prospective clients the opportunity to receive up to six competitive quotes from various funders within 24 hours or less. The website also provides reviews and ratings on companies and financial institutions in the business of purchasing structured settlement payments.
Settlement Quotes is owned and operated by P. Andrew Cravenho, who is also the company’s chief executive officer. A native of Connecticut, Mr. Cravenho received his business degree from the University of Rhode Island in 2006, just prior to starting his company. In addition to maintaining an informational blog on his company’s website, Mr. Cravenho also promotes his services on social media sites such as Twitter and Facebook and regularly publishes articles on various Internet sites.
According to its website, Settlement Quotes screens its funders carefully.