Necessity Funding Acquires Zoom-Cash's Legal Funding Payment System
Acquisition will enable law firms to save time and money
NEW YORK, Nov. 11, 2015 /PRNewswire/ -- Necessity Funding Partners, LLC, a leading pre and post-settlement legal funding company, today announced it has acquired the exclusive rights to Zoom-Cash's legal funding payment system. Financial terms of the deal were not disclosed
Zoom-Cash is an innovative electronic cash payment service provider that enables legal funding companies to send their clients lawsuit cash payments instantly; in the most preferred payment form - CASH. Zoom-Cash delivers secure, fast, and convenient cash funding solutions, through advanced technology and convenient walk-up financial cash center locations throughout the United States.
"We are always seeking ways to assist law firms to save time and money. This acquisition eliminates the need for law firms to meet with their clients to sign all of the required legal funding security documents," said Howard Watsky, Vice President of Sales at Necessity Funding Partners, LLC. "Feedback from attorneys and paralegals has been overwhelming, evident with significant increase in law firm referrals."
"We created Zoom-Cash to assist unbanked plaintiffs to sign the required documents and receive their lawsuit cash advances as quickly as possible; without any hassles," said Gerald Slamko, of Zoom-Cash. "The team at Necessity Funding shares our philosophy that unbanked plaintiffs facing urgent financial difficulties should not need to wait for their money. We're excited about joining forces with Necessity Funding to make a long-term impact on the legal funding industry, while also bringing tangible benefits to law firms and plaintiffs."
About Necessity Funding Partners, LLC.
Based in Melville, New York, Necessity Funding Partners, LLC is an innovative, growth oriented, specialized financial services company that provides timely pre and post-settlement legal funding services to personal injury clients. By providing injured clients instant pre-settlement financial help to cover life's necessities, Necessity Funding enables these individuals to continue their lives without undue financial hardships and enhances their abilities to maximize their ultimate settlements. For more information on Necessity Funding Partners, LLC, visit necessityfunding.com.
About Zoom-Cash Inc.
Based in Seattle, WA, Zoom-Cash is an innovative electronic cash payment service provider that enables companies to send their clients cash payments instantly. Zoom-Cash delivers secure, fast, affordable, innovative and convenient cash funding solutions, through advanced technology and convenient walk-up financial cash center locations. For more information on Zoom-Cash, visit zoom-cash.com.
SOURCE Necessity Funding Partners, LLC
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