Home   >   Plaintiff Funding

Plaintiff Funding

Plaintiff Funding from Covered Bridge Capital is an investment in a lawsuit alongside the plaintiff. We provide the money you need today to cover immediate expenses; in return for your promise to repay us when your lawsuit is over—assuming you win. The decision to invest in your lawsuit is made by Covered Bridge Capital’s underwriters and not your attorney. If you lose your lawsuit, you still get to keep the money we’ve given you. This is the benefit of non-recourse funding.

Frequently Asked Questions

What You Need to Know

As a client of Covered Bridge Capital, we are dedicated to making the plaintiff funding process easy and hassle-free. Before obtaining a monetary advance on your lawsuit here are some things to consider first:

Plaintiff Funding

  • 1. Don’t do it until you’ve explored all your other financial options, including “borrowing” from family and friends.
  • 2. Don’t be surprised if your lawyer tried to talk you out of it. “Borrowing” against your case can be very expensive and therefore a potentially bad financial decision. Make sure you really need the money before you “borrow” it.
  • 3. Recognize that the longer it takes for you case to conclude, the more money you will ultimately be required to repay the funding company. In other words, try to avoid “borrowing” too early in your case.
  • 4. If you do “borrow” against your case, know that your attorney has an ethical obligation to honor your agreement with the funding company. That means you cannot later ask your attorney to ignore the funding company’s lien.
  • 5. You should know that the funding company determines how much money, if any, it will advance to you. This decision is not up to your attorney.

Our Funding Process

Here is an overview of Covered Bridge Capital’s litigation funding process:

Funding Steps –

  • Step 1- Contact us by phone, e-mail, or complete our simple online application. We will ask for information to begin our review process.
  • Step 2- Within 48 hours of receiving your case information from the attorney’s office, we will inform you of our potential interest to invest in your lawsuit.
  • Step 3- If we decide to invest in your lawsuit, we will ask you and your attorney to sign a very short contract. To save time, all transactions can be done via email or fax. The contract includes a 7-day right of cancellation.
  • Step 4- We prepare your case for consideration by our investment committee and underwriters. Our decision to invest in your lawsuit is based primarily on the merits of your case and not other factors like your employment history or credit score.
  • Step 5- Once the signed contract is returned to us, we will transfer the money to you immediately by Western Union or bank wire, or the following day by debit card.
  • Step 6- If you win your lawsuit, your attorney will pay us out of the proceeds of your victory before paying you the balance. If your case is unsuccessful, you still keep the money we have given you.

Apply For Funding

Important Facts

  • A lawsuit advance is not a loan; but rather an investment by Covered Bridge Capital in your case. NOTE: In the State of South Carolina, a lawsuit advance is deemed a loan.
  • The funding is structured as a non-recourse transaction, meaning that your obligation to repay Covered Bridge Capital is completely extinguished in the event of a defense verdict.
  • The advance is best described as the purchase of a portion of the proceeds that may flow from a case or action.
  • Litigation funding is not always right for every client and should be sought only after all other sources of funds have been exhausted.
  • Since our investment only pays off if the case succeeds, it is treated as high risk with a commensurate high rate of return.

Our Funding Process

Covered Bridge Capital’s litigation funding process:

Funding Steps –

  • Step 1- Contact us by phone, e-mail, or complete our simple online application. We will ask for information to begin our review process.
  • Step 2- Within 48 hours of receiving your case information from the attorney’s office, we will inform you of our potential interest to invest in your lawsuit.
  • Step 3- If we decide to invest in your lawsuit, we will ask you and your attorney to sign a very short contract. To save time, all transactions can be done via email or fax. The contract includes a 7-day right of cancellation.
  • Step 4- We prepare your case for consideration by our investment committee and underwriters. Our decision to invest in your lawsuit is based primarily on the merits of your case and not other factors like your employment history or credit score.
  • Step 5- Once the signed contract is returned to us, we will transfer the money to you immediately by Western Union or bank wire, or the following day by debit card.
  • Step 6- If you win your lawsuit, your attorney will pay us out of the proceeds of your victory before paying you the balance. If your case is unsuccessful, you still keep the money we have given you.

Apply For Funding

Important Facts

  • A lawsuit advance is not a loan; but rather an investment by Covered Bridge Capital in your case. NOTE: In the State of South Carolina, a lawsuit advance is deemed a loan.
  • The funding is structured as a non-recourse transaction, meaning that your obligation to repay Covered Bridge Capital is completely extinguished in the event of a defense verdict.
  • The advance is best described as the purchase of a portion of the proceeds that may flow from a case or action.
  • Litigation funding is not always right for every client and should be sought only after all other sources of funds have been exhausted.
  • Since our investment only pays off if the case succeeds, it is treated as high risk with a commensurate high rate of return.

Apply and learn why Covered Bridge is the smart choice when picking the right plaintiff funding company.

Testimonials

 

At Covered Bridge Capital, we connect plaintiffs to the funding they need—easy and hassle-free. Get started today by calling us at 1-800-453-5153 or use our convenient online application.

 

Our Offices

Pennsylvania:

830 Penllyn Blue Bell Pike
Blue Bell, PA 19422

Pennsylvania:

1650 Market Street, Suite 3600
Philadelphia PA 19103

Florida:

2500 North Military Trail
Suite 160
Boca Raton, FL 33431
Email: Fabio@cbcap.net

Contact

Fax:

1-215-646-9701

Toll Free Fax:

1-800-419-1701

Email:

info@covbridgecap.com

© 2020 Covered Bridge Capital. All Rights Reserved.