Verum Funding, Orrville, Ohio. Providing Litigation funding for attorneys, businesses, and law firms
Litigation funding is complicated enough without having to worry about the underlying finances. Without litigation financing, pressure could mount to prematurely settle or voluntarily dismiss your case which may prevent optimal results. At Verum Funding, we have relationships with a number of well-established litigation funding lenders operating in North America.
One of major difficulties faced by any claimant (personal or corporate) who needs litigation financing is that they commonly have insufficient resources to even prepare their cases to a point suitable for assessment by a funder. This is particularly so with liquidators and trustees in bankruptcy who are appointed to asset less administrations with good potential legal actions but no funds available immediately to cover the expense of a legal assessment and basic case evaluation.
In this situation good claims are not being pursued because of the initial expense required to determine whether or not an action is eligible for litigation funding, and if suitable, which of the litigation funders is the best to approach according to their own funding criteria and case interest. We now are able to offer patent litigation financing and many other types of commercial litigation financing for those who qualify.
Keywords: Litigation funding, litigation financing, attorney funding, lawyer loans, lawsuit loans
Interview Q&A
How long have you been in business?
7 years ago
What is your primary product or service?
Litigation funding services for law offices and plaintiffs.
How did you first become interested in your line of business? (if owner) - What is your background? (If owner or store manager)
Due to an auto accident and having to use this type of service I realized many short comings with many of these types of companies. With that Verum Funding was born.
How do you differentiate yourself from other businesses in your category and area?
We have a very clear transparency in our business function. Either we can help, or we cannot as there is no reason to string anybody along in our services. We have helped many plaintiffs and large law firms get the funding that they need.
How many locations do you have and do you have plans to expand?
We are located across the United States.
Provide detailed directions to your location
https://verumfunding.com
What type of payments do you accept?
We do not take payments. We give loans on lawsuits.
Which areas do you service?
Personal Injury suits, Mass tort cases, IP cases, Commercial cases, and many more
Who owns your company or runs daily operations?
Mike owns the company.
What are your hours of operation?
24 hours a day 7 days a week.
What is the best compliment anyone can give you?
That we helped them in their time of need.
What is your favorite quote or Bible verse?
Joshua 1:9 - I’ve commanded you to be brave and strong, haven’t I? Don’t be alarmed or terrified, because the Lord your God is with you wherever you go.