Innovative "No Win...No Pay...No Risk" Attorney Lawsuit Loan Provides Law Firms Savvy Financial Options
Written by: Jacquelyn Elizabeth
Law firms work long and hard to achieve financial success. Today
however a team of professional financial consultants have
developed innovative tools to assist law firms achieve even
greater financial success via a unique program called "No
Win...No Pay...No Risk" Attorney Lawsuit Loans.
With "No Win...No Pay...No Risk" Lawsuit Loans cases are
leveraged TODAY that deliver capital as the program unleashes
potential future earnings sitting dead in a firms case files.
"No Risk" lawsuit loans are secured only by the case themselves
as there's no reimbursement obligation a firm assumes if the
case in unsuccessfully litigated. With "No Risk" Attorney Loans,
the investors not the firm absorbs 100% of the risk on every
case leveraged, period doing such without involvement in the way
a firm handles case management.
"It's really a venture capital investment in a firm's portfolio
explained the founder of 1st Choice Funding, Kari E. Gray when
recently interviewed about her companies ingenious approach to
capital expansion. Ms. Gray continues, "No entity can run on
cash flow deficiencies, and until now, a law firms potential
earnings were not considered a liquid asset by lenders and could
not be leveraged. However "No Risk" attorney loans provide a
firm with its future earnings now vs. months and or even years
from now when a case may settle. Accessing future earnings can
make the difference in the way a firm is able to grow and expand
and increase its future earnings capabilities compared to the
current methods used by traditional practices."
The "No Risk" Attorney Lawsuit Loan approach complies with Bar
regulations as successfully leveraged cases may pass on to the
client, at the time of settlement, the expenses incurred for the
loan in addition to contingent fees as apart of the cost to
litigate. Thus the bottom line is: win or loose a case, a firm
always wins with "No Risk" Lawsuit Loans because "No Risk"
Attorney Loans provide "Risk Free" capital without monthly
payments, and this feature keeps firms cash flow uncompromised.
"No Risk" capital provides an effective financial solution to
the cash flow inconsistencies practices of all sizes must
1st Choice Funding's investment portfolio group has collectively
unlimited resources for funding as the company offers the
following types of financial solutions;
Each firm has differing financial needs, but 1st Choice
Funding's objective is to provide the lowest cost investment
capital to law firms across the U.S. by this innovative
approach. The "No Risk" program also affords plaintiffs with Non
Recourse Pre Settlement & Non Recourse Post Settlement Funding
as well. (Please visit 1stchoicefunding.com)
Under the "No Risk" program investors do not ask for statements
of personal net worth, indebtedness, or lists of assets as "No
Risk" Attorney Funding is secured by the practice's receivables,
not its Partners' assets. After receiving the application and
documents, an outline including funding amount, rate, duration,
fees, and other important elements are determined based on risk.
Upon funding a contract is provided for signature and a lien is
then placed on the case as funds are wired to the Law Practice's
account minus setup fees.
"No Risk" Attorney Lawsuit Loan Case Types Include:
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