The Best Law Firm and Attorney Loans Available
Law Firm and Attorney Loans – At the end of 2019, commercial and industrial lending dropped to $2.35 trillion. This
Represents a $9 billion decrease from the previous total count. Moreover, it is the
The largest drop the sector has seen since March 2017
Fast forward to present times, and business lending has shrunk even more. The
COVID-19 pandemic has made it even more difficult for businesses to gain access to
Credit. Traditional lenders not only have enforced more caps; they have also become
More stringent.
With that said, if you require law firm or attorney loans, you are sure to have a harder
Time if you apply to a bank.
That’s where our team here at Lawsuit Cash Today can come to your rescue. We offer
the best sole practitioner and all size Law Firm financing programs and law firm
Funding loans.
We have listed everything you need to learn about our services below. Read on so you
Can determine for yourself why you should secure the funds you need from us.
We Specialize in Providing Attorney Loans to All Sizes of Law Firms
In May 2020, the average US law firm ended up billing 27% less than what it did in
May 2019. Many practices, including the big ones, also had to close, lay off
Employees, or both.
If the pandemic hits even the biggest names in the industry, then it’s even worse for
Small firms.
Lawsuit Cash Today offers attorney funding to all legal firms, be it small or big. We
also make it a point to assist lone practitioners, as we know that the pandemic has had
The biggest impact on them. Whether you are a solo attorney or a National Law Firm,
You can rely on our prompt financial services.
We Won’t Make You Wait for Days to Give You Access to Funds
Business loans applied for through banks usually have a two to four week turnaround
Time. Meaning, you’d wait for up to a month to receive news about your loan
Application. This also means that, even after you’ve waited for up to a month, you may
Still get disappointing news.
Loans backed by the Small Business Administration take even longer. While SBA
loans are no doubt some of the low-cost loans, they have a turnaround time of up to
90 days. What is more important, these programs have stricter standards, so they are
harder to qualify for
Lawsuit Cash Today, employs an immediate loan process. As soon
As we receive your application, we will assess it right away to confirm if you qualify.
If you do, we usually just need 24 hours to deliver the funds to your specified bank
Account.
That’s how quickly we work, which is why we’re your best option when it comes to
Financing your law firm.
We Are a Direct Lender of Law Firm and Attorney Loans
We work with brokers, so we know that brokerage often involves more steps for a
Borrower. Our attorney loans, however, come straight from us, as we are a direct
lender. As such, we don’t require, nor do we rely on external factors to influence our
Lending processes.
Once we approve an application, we then utilize and draw from our own assets. We
Do not have intermediaries or “middlemen,” so we work directly with our customers.
This, in turn, allows us to finance the needs of our borrowers within the least amount
of time.
We Work Fast as We Specialize in Legal and Litigation Funding
Not only is Lawsuit Cash Today a direct lender; its focus is entirely on legal funding.
Meaning, our services are especially for those who need law firm loans or lawsuit
Funding. As we don’t dabble on other business loans, we can process and approve
Applications faster.
Our Services Include Non-Recourse Legal Funding
As of May 2020, defaults in the leveraged loan market totaled $12.6 billion. For the
Entire year to date, the defaults in this sector amount to $33.3 billion so far. These
The figures are the highest that the US has seen since April 2014.
The COVID-19 pandemic, once again, is the primary culprit behind these defaults.
With businesses having to close or trim their workload, many of them faced huge
Revenue cuts. This has then led to a lot of commercial borrowers defaulting on their
Loans.
Unfortunately, many of these businesses took out secured loans. As a result of the
default, lenders had no choice but to take possession of the collateral used for the
Loan. In many cases, such collateral includes real estate, equipment, or even unpaid
Invoices.
The non-recourse legal funding we provide removes much of the burden of risk from
Your law firm. If you don’t receive the lawsuit or claim settlement you expect, you
Have no obligation to pay back the loan. You do not have to worry about things like
Repossessions or losing business assets.
The only time you must pay us back is after you have received the payment for your
Services. Regardless of how long it takes, you will not have to pay us back until you
get that check. If you do not win the case for your clients, then you won’t owe us
Anything.
You Can Always Rely on Us to Fund Your Contingency Cases
The recent economic downturn has forced businesses to cut costs and conserve
Capital. Unfortunately, for many, this also meant giving up a case or claim they could
Otherwise win. For others, this meant accepting a “resolution” to a dispute, even if it
Came with unfair terms.
As an attorney, you can help such businesses on the losing end turn out as winners
Instead. You can also aid individuals who are facing unjust “settlements” from big
Companies.
One way to help these folks is to accept their cases on a contingency basis. In this
Case, however, you’d take the risk of non-payment in case you don’t win.
If you do win, however, you’d have protected the rights of another business or
Individual. At the same time, you have made your firm some money. This also lends
The more credibility to your practice, which, in turn, can attract more clients.
Still, taking on a contingency case means you’d have to use your own firm’s funds
First. Since the client won’t pay you anything yet, you’d have to use the firm’s assets to
Get the case rolling. Some of these costs include court filing fees and those for
Deposing witnesses.
Lawsuit Cash Today can help fund your contingency cases so you don’t have to rely
On your firm’s assets. This, again, protects your law firm from the risks of secured
Loan defaults. Since you have ready access to funds, you can focus on your clients’
Cases, which can then raise your odds of winning.
We Also Provide Law Firm Portfolio Funding
Traditionally, the focus of litigation funding was on single cases. Back then, attorneys
used the funds to cover the capital needed for litigation.
Today, however, Law Firm and Attorney Loans is no longer just for individual cases. You can now
Also get law firm portfolio funding through Lawsuit Cash Today. Meaning, you can
Seek financing based on a “portfolio” of cases and not just a single current case.
One of the biggest reasons to consider doing so is to get access to a much more
Substantial amount. Since you’re collating several cases, we can then provide you with
a larger capital. Portfolio funding can also help you spread your litigation risk across
Multiple cases.
Our Litigation Funding Programs Enable You to Take On More Clients
In the US, 29 million people sustain injuries that land them in an emergency
Departments. Of these, an estimated 51,000 deaths are a result of violent incidents.
Overall, however, severe injuries claim at least 180,000 lives in the country every
Year.
Many of these injuries and injury-related deaths arise from someone else’s actions. In
Some cases, they’re due to negligence, while in many others, they’re intentional. Either
Way, these cases often end up in the hands of personal injury attorneys.
If you (as a sole practitioner) or your law firm takes on such cases, then you likely do
So based on contingency fees. If most of your cases come with this payment structure,
it won’t be long before you run out of funds. Personal injury case settlements, after all,
Can take months to even years.
Over time, all these unpaid services can limit your ability to take on new cases.
Worse, you may be experiencing delays with current cases due to a lack of funding.
Lawsuit Cash Today can shoulder your expenses in the meantime, as you wait for
Clients to pay you. In allowing us to do so, you can speed up the finalization of
Pending cases. In addition, you can expand your law firm’s budget to accommodate
New clients.
Let Lawsuit Cash Today Help Fund Your Law Firm’s Future Growth
As you can see, Lawsuit Cash Today can satisfy all the funding needs of your solo
Practice or law firm. Moreover, we make sure to custom all our attorney loans based
On each of our clients’ unique needs and goals. Rest assured that we will provide you
With a one-on-one tailored service.
Just contact us – we will offer you a better deal than anyone else. We can keep this
Promise because we have a variety of private investors ready to compete. It’s because
of this that no one can beat our offers or service.
To Fill Out Our FREE, 30 second application, simply – CLICK HERE
Additional Resources:
California Pre Settlement Funding
Lawsuit Funding – Why It Can Help
Attorney Funding is Increasingly Popular
Law Firm Loans On Open or Closed Cases
Auto Accident Lawsuit Loans – Here Are The Benefits
Clergy Sex Abuse Lawsuit Loans