In the complex realm of plaintiff funding, where legal matters intertwine with financial intricacies, finding a reliable and transparent funding partner can be challenging. Covered Bridge Capital (CBC) emerges as a beacon of simplicity and efficiency in an otherwise convoluted industry. Let’s delve into the distinct advantages that set CBC apart and make it a preferred choice for plaintiffs and law firms alike.

1. Simplified Contracts for Clarity and Transparency

In a landscape cluttered with lengthy, jargon-laden contracts, CBC stands out with its commitment to clarity and transparency. CBC offers one-page contracts for clients, certified in plain language. These contracts are designed to be easily readable and understandable for all parties involved. Unlike other funding companies that burden clients and attorneys with confusing legalese, CBC’s contracts ensure that terms and conditions are crystal clear from the outset. This transparency fosters trust and empowers clients to make informed decisions about their financial arrangements.

2. Private Equity Control for Fair Rates and Limited Funding

As a private equity company, CBC exercises greater control over its rates and funding practices. CBC’s commitment to fairness is evident in its policy of advancing no more than 10% of the case value to the plaintiff. This ensures that clients receive the funds they deserve from their settlements, without being subject to the exorbitant demands of other funding companies. Additionally, CBC caps its interest to a maximum of 36 months, providing clients with a clear timeline and preventing them from being surprised with a large lien to be paid when the case comes to a successful conclusion.

3. Streamlined Processes for Law Firms’ Convenience

CBC understands the challenges faced by law firms in managing their caseloads efficiently. To alleviate these challenges, CBC has implemented streamlined processes that prioritize convenience and ease of use for law firms. CBC requires only basic case details to get started, minimizing administrative burdens for attorneys. The introduction of the new online attorney portal further simplifies interactions between law firms and CBC. Attorneys can now instantly download payoff statements at their convenience, update CBC on case statuses, and manage multiple cases seamlessly with an intuitive drop-down menu interface. This eliminates the need for time-consuming back-and-forth communication via emails and phone calls, allowing attorneys to focus on serving their clients effectively. Moreover, the portal provides attorneys with a centralized hub where they can view all their clients, track advances for each client, and monitor the status of all their cases in real-time.

Conclusion

Covered Bridge Capital emerges as a frontrunner in the plaintiff funding industry, offering a trifecta of advantages that prioritize simplicity, fairness, and efficiency. With simplified contracts, private equity control over rates and funding, and streamlined processes for law firms, CBC sets a new standard for transparency and convenience in plaintiff funding. As plaintiffs and attorneys navigate the complexities of legal proceedings, CBC stands ready to provide reliable support and financial assistance every step of the way.