The purchase of military pension payments is actually a form of financing commonly referred to as "factoring", which has a much longer history. Factoring is defined as the practice of the purchase and sale of discounted cash flow instruments. Many types of these transactions exist, and can range in size from very small to colossal.
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http://www.militaryretirementloan.com/
Receiving cash for a military pension is a relatively straightforward procedure. Most pension fund purchasers provide free, no obligation quotes. And most don't charge any up-front fees. Here are some general steps to the process of getting cash for your military pension:
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Receiving cash for your military pension can provide access to more of your money to meet your immediate financial needs. Instead of waiting to receive monthly pension payments, you can exchange your military retirement for a large lump sum.