Nothing contained on this website is intended to serve as legal, tax, or financial advice.  Independent legal, tax, and financial advice should be sought from lawyers, accountants, and financial experts, as appropriate.

Lottery & Prize:

Customers are pre-approved because, based on information currently available to Pacific Capital, the customer meets our basic selection criteria. Offers are subject to confirmation of Pacific Capital’s initial information and final approval based on Pacific Capital’s full criteria.

Pacific Capital’s finance and loan programs are subject to borrower qualification, completion of application, verification that borrower is receiving periodic lottery payments and that those payments are unencumbered and have sufficient collateral based on our underwriting guidelines. Call for more details. 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. There is no cost or obligation to apply or inquire about our services. Any loan, purchase, or other financial transaction that consumer enters into with Pacific Capital or its affiliates may require consumer to grant Pacific Capital 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 Pacific Capital 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 all jurisdictions. Loans are subject to default interest rate of the lesser of eighteen percent per annum or the maximum interest rate provided by applicable state law.

Pacific Capital is a trade name of Seneca One, LLC. Seneca One, LLC is a wholly owned subsidiary of Seneca One Finance, Inc. In Maryland, Seneca One, LLC is a licensed consumer lender, Maryland Department of Labor, Licensing, and Regulations – Lic. Reg. Cert. No. 1054. For California residents only: All loans will be processed through Freedom First Capital, LLC, an affiliate of Seneca One. In California, Freedom First Capital, LLC is a licensed Finance Lender – Financial Services Division of the California Department of Corporations, (866) 275-2677, License No. 603B210. Pacific Capital’s physical and mailing address is 7920 Norfolk Avenue, Suite 300, Bethesda, Maryland 20814

Seneca One is authorized by the state of Maryland to make consumer loans-Lic. Reg. Cert. No. 1054.

Structured Settlement:

Offers made by Pacific Capital on its behalf or through its affiliates (“Pacific Capital”) are subject to Pacific Capital’s confirmation of initial information and final approval based on Pacific Capital’s full criteria. Pacific Capital guarantees to fund the purchase of periodic payments (as defined below) in 60 days or less from the date the court approving the assignment of the periodic payments (the “Court”) sets a date for the hearing. The 60-day funding guarantee is subject to the following conditions: (1) the Transaction Requirements (described below) have been satisfied, (2) the representations and warranties made by the consumer in the agreement to sell, transfer or assign all or a portion of the periodic payments to Pacific Capital or its affiliates (the “Assignment Agreement”) are true and correct, (3) the Court approves the assignment contemplated by the Assignment Agreement (the “Transaction”), (4) the consumer reasonably cooperates with Pacific Capital in its efforts to consummate the Transaction, and (5) any annuity company involved in the payment of the periodic payments provides timely and reasonable cooperation in the connection with the Court proceedings and in its written acknowledgment of the Transaction. To the extent that a delay in funding a Transaction is caused by the Court, an annuity company, the consumer (including the consumer’s failure to provide all ancillary documents needed to fund the Transaction) or any other third party or event outside of Pacific Capital’s control, the 60-day period will be extended to the extent of such delay.

Pacific Capital’s purchase and advance programs are subject to (1) confirmation that consumer is receiving structured settlement payments on a tax free basis paid over a period of time (the “periodic payments”), (2) consumer entering into an Assignment Agreement, (3) determination by Pacific Capital that the facts surrounding the consumer’s decision to sell the periodic payments serve as sufficient justification for the Transaction and that the Transaction would likely be approved by a court of competent jurisdiction, (4) consumer’s periodic payments are not encumbered in any way, (5) consumer executing and/or providing to Pacific Capital all ancillary documents required by Pacific Capital to process the Transaction, and (6) Pacific Capital’s underwriting guidelines in effect from time to time (collectively, the “Transaction Requirements”). Consumer is only required to repay the 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 Pacific Capital. If the transaction contemplated by the Assignment Agreement does not fund, for any reason, then consumer shall have no obligation to repay the advance. Services void where prohibited, and all transactions are subject to state and local laws. Certain services may not be available in some jurisdictions. Call for more details. Final discount rate, amount of transaction and approval of transaction will be determined on a case-by-case basis.

Pacific Capital 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. In order to activate this check, you must satisfy the Transaction Requirements described above. Call 1-800-517-1284 for more details.