Legal Financing Company Re-Launches Lending Program for Law Firms and CPAs
NEW YORK, June 30, 2015 /PRNewswire/ -- Case Funding has announced that it will provide working capital financing to law firms and CPA firms who are awaiting fees relating to BP Deepwater Horizon disaster claims. The filing deadline for claims passed on June 8th and there are still thousands of claims pending approval and awaiting settlement. The process has experienced several delays due to litigation prompted by BP after the Settlement Agreement was approved by the Eastern District Louisiana Court. Through April 2015, over $5 billion has been paid to businesses and individuals impacted by the oil spill.
Case Funding is lending to law firms and CPA's based on the value of their aggregate fees expected from claims they submitted on behalf of their clients.
"Attorneys and CPA who believed the claims process would be completed and fees paid by now are struggling financially if they didn't plan accordingly. Professional firms incurred significant up-front filing costs on behalf of their clients and are really suffering from the prolonged delays. Case funding can bridge the cash-flow gap for them," said Richard Silverstein CEO of Case Funding.
Interested parties who would like more information on Case Funding's BP CPA and law firm funding program should contact a Case Funding lending specialist at (800) 543-4043 for a confidential consultation.
About Case Funding (casefunding.com)
Case Funding, part of Javlin Capital, is a nationally-recognized legal financing company. Case Funding provides attorneys, law firms and CPA's involved in BP and personal injury litigation with the financing they need to manage cash flow and grow their practices.
Loan applications are available at: http://www.casefunding.com/attorney-financing-law-firm-funding/
CONTACT: Leon Branam, 888-796-7594, [email protected]
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SOURCE Case Funding Inc.
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