Contingency financing provides your firm with cash flow, thereby freeing you from the worries of day to day practice expenses and allowing you to concentrate on what you are best at, representing your clients.

While it can be argued that the loans are outrageously expensive, the question has to be asked, "as compared to what?" 

Many small firms, maybe you can relate, tend to max out several credit cards to offset the costs of contingency representation, paying double digit interest, late fees and monthly payments that could be better used for keeping things afloat.

The money provided, by contingency funders, is only secured by your caseload and nothing else.  Of course, with this kind of extreme risk, there goes a higher price tag.

A firm that is well capitalized can stick their nose up at this type of financing but the smaller law firms, struggling to meet the daily expenses of their contingent case loads, find that this might just be a solution...if not permanently, at least until they reach a point where cash flow isn't such a problem.

Contingent capital providers are quick to point out that their loans aren't loans in the normal sense of the word and that they face risks much more akin to venture capitalists than bankers.

Most of the contingency capitalists lend on a non-recourse basis, meaning that if you don't win your case, you don't have to repay the cash advance. 

If you're looking for an alternative, you might want to give us a call for a free, no obligation consultation.

We may even be in an ethical position to offer you referral fees for clients who use our services to obtain plaintiff pre-settlement funding.

Give us a call and let's get acquainted.  888-822-3410 toll free