A fast and efficient system that cuts through the red tape to
provide top customer service. The approval process for a law
firm loan can be completed in as little as a few days. Funds can
be wired the same day the loan is approved.
Basic Steps to Funding:
1. Complete Application
2. Submit case/portfolio document to support summary
3. Discuss and select cases and loan terms
4. Receive, review and execute Term Sheet
5. Underwriting completed with outside counsel
6. Document and execute loan documents
7. Fund the loan
Pricing:
Pricing for a law firm loan typically ranges from 30%-40% per
annum and is negotiable, however the following variables will
impact the pricing.
The following variables can impact the specific terms and
pricing of each deal which can make the loan offer unique to a
particular firm:
Strengths of Case(s)
Case Type(s) : Some cases have a higher probability of success
Number of Cases: more cases spreads out the risk associated
with the loan
Stage of Case: Pre-settlement, discovery, trial, post-trial,
appeals, etc
Strength of Counsel: length of time in practice; history of the firm;
record of success as a litigator; terms of client retainer
agreement/fee interest of attorney.
Apply today
provide top customer service. The approval process for a law
firm loan can be completed in as little as a few days. Funds can
be wired the same day the loan is approved.
Basic Steps to Funding:
1. Complete Application
2. Submit case/portfolio document to support summary
3. Discuss and select cases and loan terms
4. Receive, review and execute Term Sheet
5. Underwriting completed with outside counsel
6. Document and execute loan documents
7. Fund the loan
Pricing:
Pricing for a law firm loan typically ranges from 30%-40% per
annum and is negotiable, however the following variables will
impact the pricing.
The following variables can impact the specific terms and
pricing of each deal which can make the loan offer unique to a
particular firm:
Strengths of Case(s)
Case Type(s) : Some cases have a higher probability of success
Number of Cases: more cases spreads out the risk associated
with the loan
Stage of Case: Pre-settlement, discovery, trial, post-trial,
appeals, etc
Strength of Counsel: length of time in practice; history of the firm;
record of success as a litigator; terms of client retainer
agreement/fee interest of attorney.
Apply today
Law Firm Loan
Process
Process
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