Lawsuit Loans On Line
Apply for a Loan Against a Commercial Lawsuit
Commercial Lawsuit Loans Provide Working Capital
Just as individuals involved in personal injury lawsuits find themselves in need of cash while their lawsuits work through the legal system, businesses involved in commercial lawsuits find themselves in need of working capital. The incident that caused a business to file a lawsuit can have a negative financial impact on a business plaintiff, and an injection of working capital may be critical to keeping the business operating.
Claims That Qualify for a Commercial Lawsuit Loan
A business can secure a loan against any type of commercial lawsuit.
- Contract Disputes
- Trademark, Patent and Copyright Infringement
- Tortious Interference
- Fraud
- Wrongful Death Claims
- Industrial Products Liability
- Construction Disputes
- Anti-Competitive Claims
- Anti-Trust Suits
- Intellectual Property Disputes
- Securities Fraud
- Conversion
- Qui Tam
Qualifying for a Commercial Lawsuit Loan
As with a loan against a personal injury lawsuit, there are two basic qualifications for a commercial lawsuit loan: The business must have a legal claim, and the business must be represented by an attorney who has taken the case on a contingency basis. If your business has a legal claim, but does not have an attorney, you can quickly get an attorney to represent you by using the free Attorney Referral Service: www.attorney-referral-service.org.
Getting Your Commercial Lawsuit Loan Approved
An underwriter reviews each commercial lawsuit loan application, and decides if the claim can be funded based on three essential criteria.
- There needs to be clear negligence on the part of the defendant.
- There needs to be provable loss on the part of the plaintiff.
- The defendant must be able to pay the judgment awarded by the court.