Need a Funder or Vendor? START HERE

Results 1 to 3 of 3
  1. #1
    Member Reputation points: 82
    Join Date
    Mar 2020
    Location
    Florida, USA
    Posts
    7

    Client looking for investment funding for settlement portfolio (5-10M)

    Client looking for 5-10M in order to purchase additional legal settlement cases.

    He can secure a LOC
    Basically ... client has a business where he employs legal representatives that review cases for value, he then purchases these cases from their current counsel at a discounted full claim settlement amount. (they usually sell if they don't want to wait for settlement payout, backlogged, or understaffed, etc)

    He then either takes over and finishes the settlement or waits for payout on completed files

    Money gets paid directly to his company once settled and he splits settlement with client according to their agreement on a case by case basis.

    His success has been tremendous, so he wants to grow business and purchase more files (and possibly employee an additional case attorney)

    If there is any compatible LOC, funding product or serious interest he can provide financials.

  2. #2
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    So this guy is basically factoring settlements, and wants to re-factor them?

  3. #3
    Banned Reputation points: 19
    Join Date
    Apr 2017
    Posts
    190

    Call me at 939-491-1799. Have a proposal for you and your client.

Similar Threads

  1. Will paypal do the same with business funding portfolio ?
    By mcaguru in forum Merchant Cash Advance
    Replies: 0
    Last Post: 07-05-2018, 01:30 PM
  2. Startup Record Label Funding - Seeking $50-200,000 Investment
    By Fundyman in forum All Other Lending
    Replies: 2
    Last Post: 03-27-2018, 05:24 PM
  3. Replies: 0
    Last Post: 02-10-2015, 11:10 AM
  4. Replies: 5
    Last Post: 11-06-2013, 09:18 AM
  5. Replies: 0
    Last Post: 11-03-2013, 05:24 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY