"Gold rush" of century: The unregulated business advancing money on legal cases provides highest returns as rates are 35% annually.
Stage
Full Product Ready
Industry
Financial Services
Location
Flower Mound, TX, US
Currency
USD
Founded
January 2016
Employees
2
Incorporation Type
Not Incorporated
Company Summary
Yes provides legal case funding receiving payments when the cases settle. Founder is an 18-year attorney familiar with all aspects of the business from the lawyer perspective and as a broker but lacks the funds to loan out. This funding is providing the highest returns of any market. Average rates being charged are 2.5 to 3.5% a month plus administrative fees. The industry is unregulated and in its infancy.