Commercial Litigation Funding Loans Help Plaintiffs
Commercial litigation funding loans are advances on the potential proceeds of commercial lawsuits. The money represents much needed financial support for litigants while they wait for their lawsuits to conclude. Commercial litigation funding loans are used for a variety of business reasons by plaintiffs.
Commercial litigation funding loans enable corporate plaintiffs to access your future settlement to meet your current financial obligations. Commercial funding allows you to refuse low ball settlement offers and your counsel to fight for better compensation.
Commercial Litigation is a Costly Endeavor
Participating in a commercial lawsuit is a costly process. Most commercial litigation attorneys work on a hourly basis. They are simply not interested in a contingency fee retainer. Legal fees can add up and some companies find themselves strapped for cash at the end of the month. Capital is needed for:
- payroll
- rent
- insurances
- employee benefits
- taxes
- research and development
- marketing
- and a host of others.
Simply put, involvement in commercial litigation can cost your company the ability to thrive in an already competitive marketplace.
Commercial Litigation Funding Loans Are a Solution
In the most basic sense, commercial litigation funding loans free up working capital you need to continue your expansion plans and maintain normal operations without sacrificing production, sales and customer experience. With the ability to outsource costs and legal fees, your counsel can pursue meritorious claims.
Commercial Litigation Funding Loans for Plaintiffs
Essentially commercial litigation funding provides clients capital so that claims with merit can be pursued to the fullest extent. Going after the maximum amount of recovery, commercial litigation funding unlocks upside principal and shareholder value. Capital can be used for legal fees and expenses, as well as the daily expenditures to keep the enterprise running smoothly.
Commercial litigation loans are normally provided on a non-recourse basis. This means the sole source of repayment is the recovery itself. Business income, property, and assets, either personal or business, cannot be attached to repay the litigation loan.
Commercial Funding for Law Firms
Law firms who wish to take on a meritorious case but cannot afford to take on a case on a contingency fee basis, can utilize lawsuit loans to their benefit. The idea is to utilize our funds as a cash flow solution and to offset some of the risk.
Commercial litigation funding for law firms helps create a bridge between hourly fees needed to continue operations and clients’ limited budgets.
If You Have Any Questions, Call 888-964-2224
WE ARE HERE TO HELP YOU!
Getting Started with Commercial Litigation Loans
To see what Fair Rate Funding can offer, simply contact us or give us a call. One of our professionals will return your inquiry promptly and answer any questions you may have.
Thank you for considering Fair Rate Funding for your lawsuit funding needs.
