Seneca One Finance, Inc. is headquartered in Bethesda, a place in the state of Maryland. The privately held financial services company was founded in the year 2002. It functions as a factoring company, and does business as “SenecaOne”. It buys annuity receivables from those who have won regional and state lotteries, casino, and corporate game prizes, as well as structured settlements. The company provides a lottery and game prize winner, and structured settlement annuity holder, with the option to sell any or all of their future payments, for lump sums of cash. This helps annuitants access the required cash at a time when they need it.
Those who qualify can get $5,000 toward the settlement purchase through the company’s program titled “$5K Right Away”. SenecaOne also provides financial counseling in order to help its customers reach their long-term goals, and has been a part of the financial services sector for close to two decades.
Besides its corporate headquarters in Bethesda, the company has more offices in Florida’s West Palm Beach city and has its own team of annuity experts who work with its customers. It has between 51 and 200 employees on an approximate.