Legal-Bay, a leading presettlement funding company, announces a comprehensive settlement loan division specifically to handle their many commercial litigation lawsuits. These extremely complex cases require extensive funding in order for plaintiffs and their lawyers to make it across the finish line. Legal-Bay knows how to accommodate the needs of this market, funding cases that many larger companies won’t even consider.
Commercial litigation loans for lawsuits were created to assist plaintiffs level the playing field against deeper-pocketed defendants who can simply outspend them, dragging a case on indefinitely. Meanwhile, the plaintiff’s determination and finances get drained. Legal-Bay’s experience and resources can give hope to plaintiffs and law firms who are fighting to prosecute a successful claim.
Chris Janish, CEO of Legal-Bay, commented, “We are excited to be expanding from our traditional personal injury and mass tort litigation to the much larger and more complex commercial litigation market needing hefty funding amounts. Typically, these cases have minimum requests of anywhere from $50K to $20MM and take more time to evaluate. However, our focus is to help plaintiffs regardless if the funding request is large or small.”
Legal-Bay also funds breach of contract cases, wrongful imprisonment, whistleblower or Qui-Tam, wrongful termination, and many more. Legal-Bay has now secured additional capital for these and other types of commercial litigation cases, and encourages plaintiffs or attorneys that have been denied funding in the past to apply with Legal-Bay.
Legal-Bay is one of the leading lawsuit loan settlement funding companies, offering a fast approval process and some of the best rates in the industry. Their non-recourse law suit loans are risk-free, as the money does not need to be repaid should the recipient lose their case.