Top 10 Commercial Litigation Funding Companies | 2019
When a business is forced to file a lawsuit, the time and resources consumed by the process are exacerbated by the fact that commercial litigation can easily take a year or more to work its way through the courts. For businesses that are plaintiffs in commercial litigation and are in need of working capital.
Commercial Litigation provides funding for many types of commercial lawsuits:
- Tortious Interference
- Trademark and Copyright Infringement
- Contract Disputes
- Wrongful Death
- Industrial Product Liability
- Construction Claims
- Anti-Competitive Suits
- Anti-Trust Claims
- Intellectual Property Issues
- Securities Fraud
- Qui Tam
- Cases on Appeal
Why Apply for Commercial Litigation Funding?
For any businesses, having to enter into a lawsuit can be a ton of aggravation! Litigation places a strain on business owners and their employees, and it consumes a great deal of time. You’ll spend hours away from your business meeting with attorneys, gathering documents and evidence, and making court appearances. This can take significant resources away from the business of operating and growing your company. Worse yet, your business may have lost money or suffered financially from the situation that led to the legal action.
Read More: Top 10 Legal Funding Companies
The financial pressures of commercial litigation can frighten away suppliers, investors and customers. As a result, many executives are tempted to accept a low-ball offer from the defendant simply because they need the cash. Some business owners are forced to close down until their litigation has worked its way through the courts. A commercial litigation advance enables you and your attorney to negotiate from strength and keep your business operating!
Benefits of Commercial Litigation Funding
Unlike a loan that must be paid back regardless of the outcome of your legal claim, commercial litigation funding is an advance against the expected outcome and proceeds of your litigation:
No Personal Guarantee Required: Unlike conventional bank loans that almost always require the personal guarantee of the owner(s) of the business, a commercial litigation advance is a non-recourse advance against your pending claim, not the cash flow of your business or your personal assets.
No Principal or Interest Payments: Since a commercial litigation advance is not a loan, no payments need be made on the principal or interest. We charge a risk premium on your advance, and you pay back the advance in one lump sum from the proceeds of your settlement.
Non-Recourse: And you only pay back the advance and risk premium when you either win your case at trial or you and the defendant reach an out-of-court settlement. If you are unsuccessful in your legal claim and you fail to reach a settlement, you owe us nothing!
When Commercial Litigation Funding Makes Sense
Commercial litigation funding is not right for every business that’s involved in a commercial lawsuit. However, it might make sense for your business.
You Need Assistance with Cash Flow: A non-recourse commercial litigation advance provides an injection of cash into your business that does not have to be paid back out of your business’s cash flow. You pay back the advance from the proceeds of your settlement, and only if you win your case!
You Are Struggling to Keep Your Business Open: Sometimes businesses involved in commercial litigation are forced to close their doors. As you already know, losing your customer base and your employees will make it virtually impossible to restart your business once you win your case. Commercial litigation funding will allow your business to keep its doors open while your lawsuit works its way through the court system.
You Need Flexible Use of the Money: You can use your litigation funding proceeds any way you see fit. The cash can be used to cover overhead or payroll, purchase inventory or pay past-due obligations. The money is yours and there are no restrictions on how you can spend it.
You Want to Negotiate from a Position of Strength: Commercial litigation is almost always often a David-versus-Goliath proposition. A well-funded defendant can easily intimidate a smaller plaintiff. The defendant will very likely make you a low-ball offer, hoping you need the cash, you will accept, and they can avoid the larger settlement that would result from prolonged litigation.
You Want to Avoid Putting Personal Funds into the Business: Business owners involved in commercial litigation are often forced to put their own money into the business to keep it operational, and that can have serious financial and tax consequences. Commercial litigation funding can avoid endangering your own finances to keep your business going.
The Bank Has Turned You Down: There is a degree of truth to the old adage that banks only lend money to those who do not need it. If you cannot secure conventional bank financing, you can still apply for commercial litigation fund because the funding decision is not based on your business’s creditworthiness, but on the value of your lawsuit!
You Used Up Your Credit Line: If you are maxed out at the bank, commercial litigation funding may be your only financing option until your cash flow position improves.
You Want to Preserve Your Credit Line: You may want to use commercial litigation funding so you can keep an available line of credit for emergencies or as a revolving source of cash that you draw down and pay back as your cash position fluctuates.
Top 10 Commercial Litigation Funding Companies:
Woodsford Litigation Funding is a specialist team of litigation and arbitration experts investing in large commercial claims.
Obtain fast commercial litigation funding and low interest rates litigation loans. We offer low-cost litigation financing for all types commercial lawsuits and appellate cases. Apply online or call us on (866) 840-4498 to get fast commercial lawsuit financing.
Bentham IMF is a New York based litigation finance company providing investment capital to plaintiffs for large disputes in the United States and abroad.
Stephensons Solicitors LLP is a full service law firm with offices in Bolton, Leigh, London, Manchester, St Helens, Warrington and Wigan.
Vinson Litigation Finance (VLF) is a Litigation Finance Company. The focus of our business is to assist clients in resolving legitimate and meritorious commercial disputes.
At MBM we are pioneers in helping clients find and use litigation funding in Scotland. In 2015, we secured a victory in the Supreme Court for Mr Carlyle, a property developer in dispute with his bank.
We are a specialist broking company that operates exclusively in the world of litigation finance and insurance. Contact us today 0845 257 6058.
As the world’s largest provider of arbitration and litigation finance, Burford provides capital for case and portfolio funding, operating expenses and more.
IMF Bentham is a litigation funding company providing litigation funding to plaintiffs, law firms and corporations for legal disputes in Australia, New Zealand, Hong Kong, Singapore, United States and Canada. Our principal activities are the investigation, management and funding of litigation.
Litigation funding options for businesses with legal claims. Non-recourse financing. Monetization. Experience. Capital. Trust.
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