What Happens When Being A Good Lawyer Is Not Enough

As if being a zealous advocate were not already a heavy load, your clients now want you to carry them financially, too. While your profession bars you from doing so, all is not lost for the client in need. At Covered Bridge Capital, we can provide your clients with the financial assistance they need to get by and, in turn, provide you with the peace of mind and freedom you need to focus on the job at hand.

The Covered Bridge Capital Difference

We relate to your client with the same level of courtesy and professionalism that you demand from your own practice. We understand that having a positive influence on your client’s overall experience with you, your firm and the legal process is essential to our success.

Compelling Reasons

Why Litigation Funding?

• It is legal, it is ethical, and it is oftentimes necessary in order to prevent a financially distressed client from having to accept prematurely an unjust settlement.

• Like Insurance, it provides a means for shifting risk. Win or lose, your client is guaranteed a recovery… we say “guaranteed” because your client has no obligation to repay us in the event of a defense verdict.

Why Covered Bridge Capital?

• People… Covered Bridge Capital was founded by attorneys who take seriously the legal process and the critical role you play within it. By limiting our advances to no more than 10% of a case’s conservatively estimated value, a Covered Bridge Capital lien should never interfere with your efforts to settle a case.

• Process… Our process is quick, unobtrusive and created with the lay person in mind. No need for lengthy client conferences.

• Capital… We are not a broker. We use our own funds for every transaction, assuring you and your client confidentiality and a quick turn around.

Win-Win-Win Scenario

At Covered Bridge Capital, we recognize that inasmuch as our success is linked to your success, we must support your business practices. We accomplish this by listening to you and your staff and incorporating the processes and accommodations that work best for you and your clients. In the end, your client wins, you win, and we win… a “win-win-win” scenario.

Fair & Simple

• Plain Language Contract (only 2 pages long!)

• 7-day right of cancellation

• 3-year cap on fees

• All costs disclosed upfront and in writing

• Fee schedule broken down over 36 months

LawSuit Advance: The Fundamentals

A Lawsuit advance is…

• Not a loan, but rather an investment by Covered Bridge Capital in your client’s case.

• Entirely “at hazard” inasmuch as our investment pays off only if your client prevails.

• Structured as a non-recourse transaction wherein your client’s obligation to repay Covered Bridge Capital is completely extinguished in the event of a defense verdict.

• Is best described as the purchase of a portion of the proceeds that may flow from a case or action.

• Not always right for every client, thus we pledge to inform each and every individual that a lawsuit advance should be sought only after all other sources of funds have been exhausted.

• A high risk investment that must have a commensurately high rate of return.

Money to Carry you Over

“It sometimes may be useful and convenient, when one has a just demand which he is not able from poverty to enforce, that a more fortunate friend should assist him, and wait for his compensation until the suit is determined and be paid out of the fruits of it”

—Metropolitan Life Ins. Co. v. Fuller, 3A. 193,196 (Conn. 1891)