Baker Street Funding, America’s #1 Choice for Legal Funding Firm, announced today that they have launched a commercial litigation focused legal funding division. This new division will focus on commercial litigation, lawsuit loans, or advances and attorney loans. Commercial litigation is often extremely complex and time-consuming. The cost of litigating these claims has increased exponentially and Baker Street Funding finds it as an under-served market in which they can thrive.
Commercial litigation loans focus on providing capital to plaintiffs that are often filing suit against larger and more deep-pocketed defendants. Baker Street Funding hopes to level the playing field for these plaintiffs and help them cover the large cost of litigation.
CEO of Baker Street Funding, Daniel DiGiaimo said, “We have seen a large liquidity crisis due to the ancillary affects of COVID-19. Because of this, we see an opportunity to provide corporate plaintiffs with the cash they need to sustain their litigation. There are thousands of claims every year that fall by the wayside due to illiquid plaintiffs. We are helping these companies and individuals cover the upfront cost of their case so that they can see it through to completion.”
If you are looking for pre-settlement funding from your commercial litigation lawsuit or need liquidity to help cover working capital while you are involved in a lawsuit, please visit bakerstreetfunding.com/litigation-funding to learn more.
Baker Street Funding is a leader in the litigation funding space and brings a decade of expertise and experience to the commercial litigation funding industry. You can visit their website at bakerstreetfunding.com or call 1-888-711-3599.