Services Disclaimer

Lottery

Freedom First Capital purchase and loan programs are subject to borrower qualification, completion of application, verification that borrower is receiving periodic lottery or prize payments, the amounts of those payments and that those payments are unencumbered and serve as sufficient collateral based on our underwriting guidelines. Furthermore, there may be parameters with regard to the amount of collateral required to receive a loan or certain loan amounts as determined on a case by case basis. This low APR (Annual Percentage Rate) fixed interest rate loan is only available to qualified borrowers with a maximum repayment term of one year from the date of the loan. Transactions that have longer than a one year repayment schedule are subject to a higher rate. Repayment of loans and purchase programs are satisfied from the proceeds of annual lottery payments. Any loan, purchase, or other financial transaction that consumer enters into with Freedom First Capital (“Freedom First”) or its affiliates may require consumer to grant Freedom First or its affiliates a right of first refusal in the consumer’s periodic payment. If, and only if, the consumer decides to sell or take a loan against his/her periodic payment, this right of first refusal will require the consumer to offer Freedom First or its affiliates the chance to match or beat any offer made for the purchase, loan, or other transfer of the consumer’s periodic payment. Services void where prohibited, and all transactions are subject to state and local laws. Certain services may not be available in some jurisdictions. Loans are subject to a default interest rate of the lesser of eighteen percent per annum or the maximum interest rate provided by applicable state law.

Freedom First Capital, LLC, is a wholly owned subsidiary of Seneca One Finance, Inc.

Freedom First Capital, LLC does not provide tax, legal, or investment advice. Consumers should obtain independent legal, tax, and investment advice in connection with any advance or sale transaction.

For California Residents Only: Freedom First Capital, LLC is a licensed Finance Lender – Financial Services Division of California Department of Corporations, (866) 275-2677, License No. 603B210.

Freedom First Capital, LLC is authorized by the State of Maryland to make consumer loans – Lic. Reg. Cert. No 1103. Freedom First Capital’s physical and mailing address is 7920 Norfolk Avenue, Suite 300, Bethesda MD 20814.

Structured Settlement

Consumers are pre-approved because, based on the information currently available to Freedom First, you meet Freedom First’s basic selection criteria. Offers are subject to confirmation of Freedom First’s initial information and final approval based on Freedom First’s full criteria.

Freedom First’s purchase and advance programs are subject to (1) confirmation that consumer is receiving structured settlement payments on a tax free basis that have not been previously sold or otherwise encumbered (the “periodic payments”), (2) consumer entering into an agreement to sell, transfer, or assign all or a portion of the periodic payments to Freedom First pursuant to the applicable state transfer statute (the “Assignment Agreement”), (3) determination by Freedom First that the facts surrounding the consumer’s decision to sell the periodic payments serve as sufficient justification for the transaction contemplated by the Assignment Agreement (the “Transaction”) and that such Transaction would likely be approved by a court of competent jurisdiction, (4) consumer executing and returning to Freedom First all ancillary documents required by Freedom First to process the transaction, (5) Freedom First reasonably determines the issuer and owner of the annuity policy under which the periodic payments are made are not in liquidation or receivership, and otherwise have the financial wherewithal to timely make the periodic payments, and (6) Freedom First’s underwriting guidelines in effect from time to time (collectively, the “Transaction Requirements”). Final discount rate, amount of transaction, and approval of transaction will be determined on a case-by-case basis. The amount of any advance will vary based on the terms of and circumstances surrounding the Transaction. Larger advances may be available on larger transactions for repeat customers. The FastCash Advancesm Check is not a loan, it is an advance against an assignment transaction. There are no fees or interest charges applicable to such advance. Advances may be paid in increments up until the funding of the assignment transaction. Consumer is only required to repay such advance out of the purchase price paid to such consumer upon the funding of the assignment transaction contemplated in the Assignment Agreement. Upon funding of such transaction, an amount equal to the advance will be deducted from the purchase price and paid to Freedom First. If the Transaction does not fund, for any reason other than cancellation by the consumer, then consumer shall have no obligation to repay such advance. Consumer will receive a 1099 for any advance not repaid, and consumer should consult with a tax advisor with respect to any tax consequences. Services void where prohibited, and all transactions are subject to state and local laws. Certain services may not be available in some jurisdictions.

Freedom First Capital, LLC does not provide legal, tax, or investment advice. Consumers should obtain independent legal, tax, and investment advice in connection with any advance or sale transaction.

Freedom First Capital’s physical and mailing address is 7920 Norfolk Avenue, Suite 300, Bethesda, Maryland 20814.

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