Law Firm Financing

• Mutual nondisclosure agreements.
• Fully customized rates and terms for each client.
• Non-recourse or recourse advances based on the anticipated fees of the firm’s open cases.
• Streamlined funding processes that deliver capital quickly.

Pravati understands that some law firms need the added flexibility of an open line of credit instead of a fixed advance amount.

For these situations, we offer case cost lines of credit. We determine fees based on a firm’s open cases, and these same cases form the collateral for the credit extended. A firm with an available line of credit knows it has the freedom and flexibility to draw on that credit when most needed, including during an ongoing trial.

Case cost lines of credit include:

• Mutual nondisclosure agreements.
• A streamlined funding process tailored to a firm’s time frame.
• Far lower rates than most litigation funding companies.
• The ability to pay case and operating expenses without extending firm capital.

Sometimes, attorneys need a line of credit for one or two cases in particular rather than a portfolio of cases.

In such situations, they may need additional capital to pay investigators or experts, pay staffers, or fund other litigation-related expenses. In different situations, they may need an extra source of capital to tap into to continue advertising and taking contingency fee cases while they wait for an upcoming settlement. Pravati Capital gives individual attorneys, practices and large firms added flexibility with access to litigation funding quickly and easily.

Attorney lines of credit include:

• Mutual nondisclosure agreements.
• An open credit line to draw on as needed.
• The ability to pay case and operating expenses without tapping into firm capital.
• Credit limits based on the anticipated fees on open cases and historical case payments.

Upon trial conclusion or settlement payment, Pravati prepares documents outlining the costs of the credit line to include in the settlement case sheet.

We understand that it’s not just law firms and attorneys who need access to capital during long trials or complex, ongoing settlement negotiations. Plaintiffs often need access to pre-settlement funds to get much-needed medical treatment, pay bills, and replace an income lost after an injury.

That’s why Pravati Capital also offers plaintiff settlement funding. Our flexible terms and fast funding allow your mass tort, personal injury, and commercial liability clients to get the treatment and income they need while still maintaining the fight for the settlement they deserve.

Plaintiff Settlement Funding includes:

• Mutual nondisclosure agreements.
• Non-recourse lending requires no repayment if a case is lost.
• Fast funding that works with your client’s timeline.
• Lower rates than other litigation funding companies.
• Solutions for as little as $500 to as much as $100,000.