Alliance Claim Funding Announces Legal Funding
- Rates as low as 15% offered to Existing Loan Holders –
NEW YORK, March 23 /PRNewswire/ -- Alliance Claim Funding LLC
(www.allianceclaimfunding.com), the New York based litigation finance company, announced
today the launch of a new legal funding refinance program. The new program provides
refinancing to existing lawsuit loans held by other companies at rates as low as 15% every six
In making the announcement, CEO Dimitri Mishiev said, "Our new refinance program offers
attorneys and plaintiffs, who have previously taken a loan on their lawsuit at high rates, to
refinance with us at a far lower rate." He continued, "This new program will save thousands of
dollars for lawyers and plaintiffs, and put money back in the pockets of those who need it most,
many who struggle to keep their cases alive."
Alliance Claim Funding, known for its comprehensive collection of high quality lawsuit loan
services, will move swiftly to evaluate any case seeking to refinance at these lower rates.
Mishiev explained, "Our legal financing services fill a financial need the big banks like
JPMorgan Chase Bank, Citibank, Bank of America, TD Bank and Wells Fargo, cannot and will
not provide. Our firm steps in to provide much needed funding, at highly competitive rates," he
"The legal finance firm provides lawyers and plaintiffs the funding necessary to pursue their
cases. We're pleased to add one more cost saving program to our full package of legal funding
services, " Mishiev said. "We've seen tremendous growth in three short years, as law firms and
plaintiffs frequently turn to us for financing to solidify their cases." He continued, "Without this
funding many attorneys and their clients are forced to settle cases too early."
Alliance Claim Funding has found success in the growing legal funding field. The company
headquartered in Midtown Manhattan, partners with law firms to provide lawsuit loans to
attorneys and plaintiffs pursuing personal injury, wrongful death, medical malpractice, and
products liability lawsuits. In addition, the company is consistently delivering exceptional,
double-digit returns for investors.
An injured or damaged Plaintiff often does not have the resources to pursue their case, even
when lawyers accept cases on a contingent-fee basis. The very nature of these cases usually
affects the plaintiff's ability to earn a living, pay bills, and borrow more money.
Mishiev explained, "Plaintiff's often use these funds to prevent foreclosure of their homes,
eviction from their apartments, or for medical expenses and living costs so that they may hold
out longer for a higher settlement or verdict."
Alliance Claim Funding, LLC advances funds to plaintiffs pursuing damage claims; in return,
securing a portion of the proceeds that may flow from successful case settlements. If the case
does not settle prior to trial or loses the trial - the advance is forgiven. The company's services
include: Pre-Settlement Funding, Lawsuit Cash Advance, National Lawsuit Funding, Legal
Funding, Lawsuit Loans, Attorney Lawsuit Loans, Commercial litigation Funding, Settlement
Funding, Lawsuit Funding, and Structured Settlement.
SOURCE Alliance Claim Funding LLC