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SOURCE Legal-Bay LLC
- Lawsuit Funding Firm braces for Holiday Season push and January trial schedule
NEW YORK, Nov. 4, 2013 /PRNewswire/ -- Legal-Bay LLC, a leader in lawsuit loans for small law firms and other types of attorney funding products, announced today that they are preparing for a major year-end push from many of their clients. Legal-Bay says the holiday season is one in which many small firms' cash flow tightens up for different reasons, and they remain prepared to accommodate their lawyer client's needs for cash flow quickly.
Legal-Bay's CEO and head of the attorney funding division commented on their program for lawyer funding, "We have seen that whether it is Holiday or year-end bonuses, or need for expert and trial costs beginning in the New Year, our attorney funding loan business really starts to pick up before Thanksgiving and extending through December. We urge existing clients and also new clients looking to obtain a short or long term credit facility for their cash flow needs to apply early, as approval times can be a little slower this time of year due to sheer volume."
Legal-Bay's attorney loan program enables approvals of $50,000.00 or less in approximately 5 business days to close, while larger attorney lines of credit up to $500,000.00 typically take 5-10 business days for approvals after receiving a completed application. However, Legal-Bay's law firm funding program is unlike a bank where the focus of the application is based on the firm's "collateral of cases" as opposed to credit scores. In addition, Legal-Bay can tailor a funding program with reasonable monthly servicing that does not require major payback of principal until the law firm is able to settle one of its large cases; thus reversing their cash flow problems. To learn more about Legal-Bay's attorney funding cash advance program you can access their website at: http://lawsuitssettlementfunding.com/attorney-lawsuit-loans-and-funding-products.php.
If you or your law firm is interested in fee acceleration on settled cases, case cost funding, expert witness funding, surgical funding for clients, marketing cost funding, plaintiff lawsuit funding or basic cash flow or working capital needs feel free to apply at: http://lawsuitssettlementfunding.com or by calling Legal-Bay directly at: 877.571.0405 where live agents are always available to answer your questions.
Chris Janish, CEO
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