Are you an attorney with a good
portfolio of cases? Do you feel that you could maximize your
client’s settlements if you had enough operating capital?
Don’t have enough collateral, good credit, or just don’t
want to tie up assets to get a bank’s line of credit?
If you can relate to any of these questions you are not alone.
There are thousands of competent attorneys just like you,
who have great cases but need a little capital to properly
run their business.
JES Funding Solutions specializes
in getting capital for both attorneys and plaintiffs.
We work with a number of large institutional investors that
are available to finance contingency fee law practices. We
have the resources to extend attorney funding and law firm
loans on a scale unavailable from other sources. Our goal
is to create loans that make sense to you and allow stress
free short and long term financial planning for your firm.
No cash out lay; no cash risk.
If you use your own capital, you know that it can potentially
be tied up for a long time. Getting a banks line of credit
is a viable alternative if you have good credit or have enough
collateral, but you may have to personally guarantee it. Working
capital lines of credit allow you to borrow much more than
the bank. Banks can be difficult lenders because they simply
don't understand how to evaluate your portfolio of cases the
way we do it. They don’t know how to recognize a portfolio
of cases since they are not in the litigation business. Our
attorneys will analyze your portfolio in order to determine
the best financing alternative for your law practice. Attorney
funding and law firm loans are based on the value of your
cases, not on personal collateral or guarantees.
Working capital through a law firm loan allows your firm
to accept new cases with excellent potential for successful
outcomes and eliminates the need to partner with a larger
legal firm on major cases. In most situations loan interest
is 100% tax deductible as a “necessary and ordinary”
business expense. Consult your tax advisor for details. Also,
in most states, financing charges on behalf of client expenses
can be charged back to the client.
Credit lines vary from a minimum of $50,000 to $15,000,000!
The maximum credit line is based upon the total value of your
contingent case portfolio, not personal assets. This amount
is determined by you and our staff attorneys, all of whom
have substantial experience in contingent fee litigation.
If you don’t have a portfolio of cases and would
like to get cash advance based on just one case, we can help
you there as well. We will analyze that individual case and
provide a cash advance based strictly on the merits of that
case.
The money obtained from a lawsuit loan can be used for :
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