Litigation can be expensive. Not only is the expense a daunting idea; the amount of time it takes to complete litigation in the courts can take months or sometimes even years. Pursuing commercial litigation can leave business cash strapped, creating less-than-optimal operations or the potential for not pursuing a lawsuit when a claim is warranted.
That’s where commercial litigation funding comes in. We specialize in providing you with the necessary funds to help keep your business running while pursuing your commercial litigation lawsuit. Commercial litigation funding has a number of benefits:
First, it’s not a loan. Instead, it is a cash advance against the outcome of the litigation. What that means is that our litigation experts believe that you have a very good chance of winning your lawsuit. Here is how the process works. We purchase an interest in your case and will not recover our investment unless the settlement goes in your favor. The funding that we provide to you are non-recourse funds, meaning that you are not responsible for repayment if your case fails.
One of the immediate effects of obtaining commercial litigation funding is that it preserves working capital and your business’s financial stability, allowing you to focus on business operations. Another excellent benefit is that we do not place restrictions on how funds are used.
Securing commercial litigation funding is fast and easy. Approvals for commercial cash advances can be yours in a few days. Funds can appear in your account on the same day that the cash advance is approved.
Types of cases funded include breach of contract, conversion, copyright litigation, environmental Litigation copyright litigation, fraud, patent claims, securities fraud and shareholder lawsuits. However, please note that funding is not guaranteed. Factors affecting funding are the strength of the case, case type, strength with counsel and fee arrangement with counsel.