CFA Disbursement Funding
The CFA Disbursement funding consists of no set up fee, no draw down fees and no exit fees. The loan doesn’t show against the firm, as it is disbursement funding and not practice funding. The loan is secured by way of an addendum that is put over the cases, should they in any way need to be lifted or shifted in away from the firm. The funding covers the cost of the documents needed for the case and the ATE insurance. The funding facilities are secured against an ATE policy. In the event that the case is lost, the costs of the disbursements the ATE premium and the other side’s costs up to the level of indemnity stated in the insurer policy.The charge for the loan of the fund is 1.5% interest a month. The Solicitor firm is liable for the 1.5% of interest for the duration of the case. If the case is won, the loan and interest is repaid via the proceeds of the successful claim. The opposition pay disbursements and the costs and the ATE are paid through the clients’ settlement.
We fund the following campaigns:
Japanese Knotweed
SIPPS
HDR
Mortgage Mis-Sell and Breach
Cavity Wall
Plevin
Solar Panels
Dental Negligence
CCA Disbursement Funding
Our CCA Disbursement Funding enables law firms to free up capital in order to drive business development and growth and reduces the amount of capital that is ‘locked up’ in financing cases.As a result, it allows you to respond to opportunities quicker and enables effective cash flow management, whilst eliminating any risk to your company.
CCA funding can be used to unlock more claims from money that would have otherwise been committed elsewhere and also ensures that there is no longer a barrier to claims progressing.