Litigation Funding for Consultancy Agencies
Litigation Funding for Consultancy Agencies is a financial strategy designed to assist consultancies facing legal cases, either as claimants or defendants. It provides the necessary funds to cover legal expenses without impacting working capital, allowing agencies to pursue justice or defend themselves effectively. Key benefits include the ability to access significant financial awards without upfront costs.
- Quick and easy application process
- Loan disbursed within 24 hours
- No additional charges for early repayment
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What are the benefits of Litigation Funding for Consultancy Agencies?
With litigation funding, consultancy agencies can maintain their operations while addressing legal challenges. Some advantages include covering legal expenses in advance, mitigating financial risk through partnerships with funders, and ensuring access to justice. Our platform expedites approvals with decision times ranging from 2 to 6 weeks, and provides funding amounts from £50,000 up to £10,000,000.
What are the different types of Litigation Funding for Consultancy Agencies?
Single Case Funding
Single Case Funding supports consultancies pursuing high-value litigation with a probable success rate. Eligible agencies can secure between £50,000 and £3,000,000 for terms of 12 to 36 months.
Portfolio Funding
Portfolio Funding is designed for consultancies with multiple cases, allowing them to leverage collective case value. Funding ranges from £250,000 to £10,000,000 with terms up to 48 months.
Defense Funding
Defense Funding aids consultancies in defending against costly legal proceedings. Eligible firms can access funds from £50,000 to £2,500,000.
What is Litigation Funding for Consultancy Agencies?
Application Process
The application for litigation funding involves submitting a comprehensive brief of the case along with legal opinions. Our streamlined assessment processes ensure efficiency, typically deciding cases within 2 to 6 weeks. Funds are available 1 to 2 weeks post-approval, allowing timely financial support.
Regulatory Compliance
Litigation funding in the UK is lightly regulated but aligned with the Association of Litigation Funders (ALF) guidelines, ensuring funders do not interfere with legal strategies. Our compliance with these standards ensures ethical and transparent funding solutions.
Borrowing Capacity and Rates
Borrowing capacities range from £50,000 to £10,000,000, influenced by case strength, potential damages, and portfolio value. Our rates vary between 15% to 45% of recoveries, factoring in case complexity and risk assessments. We offer competitive solutions fitting consultancy needs.