Commercial Financing... When Your Bank Has to Say No

Monetary example of the impact of additional time afforded by an advance to the plaintiff can have on the outcome of litigation process

(For Illustration only, not a quotation)

Example

1. Plaintiff receives settlement offer of $50,000
2. The actual value according to attorney is $100,000
3. Plaintiff requires $5,000 hardship money immediately to survive the litigation/negotiation process (more time)
4. Funding source advances the $5,000 hardship money
5. Attorney negotiates for $100,000... $50,000 offered, plus additional $50,000

$100,000 Settlement!!

• Results in additional 2/3 to Plaintiff -- $33,000 (approx)
• Results in additional 1/3 to Attorney -- $17,000 (approx)

Additional Net $$$ to the Plaintiff

• Advance to the Plaintiff...$5,000
• Cost of advance per 6 months...$4,500 ($9,000 per Annum)
• Additional Net of $24,000 to Plaintiff:

                   ($33,000 - $9,000 = $24,000)

PLAINTIFF NETS ADDITIONAL

$24,000

AS RESULT OF ADVANCE