
Texas is a powerhouse for many businesses, with industries like oil, technology, and manufacturing driving the state’s economic growth. However, business disputes can happen, which may result in costly legal battles. Whether your business is dealing with an intellectual property issue, contract breach, or tortious interference, a commercial lawsuit can put significant financial strain on your company. If your company is facing financial instability while your business litigation is ongoing, applying for our risk-free Texas commercial lawsuit loans might be your best option to achieve relief.
High Rise Financial is a renowned legal funding company that is dedicated to providing affordable and safe commercial lawsuit loans to businesses (plaintiffs) with pending lawsuits in Texas. Our Texas commercial lawsuit loans can provide your business with the immediate financial support it needs to cover employee wages, procurement, outstanding debts, and more. Additionally, the commercial litigation funds are non-recourse, and you don’t owe us anything if you aren’t successful in your business lawsuit.
Are Commercial Lawsuit Loans Legal in Texas?
Yes, commercial lawsuit loans are legal in Texas. These lawsuit loans, also known as commercial legal funding or pre-settlement funding, allow businesses involved as plaintiffs in lawsuits to access financial support while waiting for their case to be resolved. Unlike traditional bank loans, lawsuit funding is based on the strength of the legal case rather than business credit history or collateral. Texas law permits this type of litigation funding, and businesses can use it to cover legal expenses, operational costs, and other financial needs during their legal battles.
Furthermore, Texas regulates commercial transactions, including lawsuit loans, under Chapter 306 of the Texas Finance Code. This law defines commercial loans and outlines the rules for financial agreements related to business transactions. Hence, business lawsuit loans fall under the broader category of commercial financing. Since these Texas commercial lawsuit loans are non-recourse, repayment is only required upon winning your case. Also, they are a legal and viable option for businesses facing financial strain due to ongoing litigation. If your business is involved in a lawsuit and needs financial support, applying for a commercial lawsuit loan in Texas can be a helpful solution.
The Benefits of Texas Commercial Lawsuit Loans for Businesses
Legal disputes can put a strain on businesses, making it difficult to cover legal expenses while keeping daily operations running. Fortunately, our Texas commercial lawsuit loans at High Rise Financial provide financial relief, allowing businesses to manage costs without disrupting their workflow. Here’s how these commercial lawsuit loans can help:
Keep business operations running smoothly: You can use commercial litigation funds to pay employees, rent, utilities, and other essential costs. Thus, ensuring your business stays functional during the lawsuit.
Cover legal expenses without financial stress: Our Texas commercial Lawsuit loans help businesses pay attorney fees, court costs, and expert witness fees. This way, your business can fight the case effectively and recover your deserved financial justice.
Avoid using personal or company savings: As mentioned earlier, legal battles often drain resources and finances. Instead of draining business accounts or personal funds, you can rely on our commercial lawsuit loans in Texas to cover expenses and protect your financial stability.
Reduce pressure on cash flow: Unfortunately, resolving a business lawsuit is never straightforward. Litigation can take months or even years. With a lawsuit loan, you have access to funds to keep your business afloat without worrying about disruptions.
Strengthen your legal position: Having financial backing allows your business to negotiate better settlements or pursue the case without feeling pressured to accept lower offers due to financial concerns.
Stay competitive in the market: With commercial lawsuit funding, your business can continue investing in marketing, production, or expansion efforts instead of pausing growth due to legal costs.
Applying for Our Commercial Lawsuit Loans in Texas
Getting financial support for your business lawsuit in Texas is simple and straightforward. Our commercial lawsuit loans provide the funding you need while your case is ongoing. Here’s how you can apply:
Reach Out to Us: Let us know that you’re interested in applying for our Texas commercial litigation funding. You can contact us through our website, phone, or email.
Complete the Application: Fill out a simple form on our user-friendly website with basic details about your business and the ongoing lawsuit.
Provide Case Information: Share relevant details about your legal case, including its status and expected timeline.
Submit Attorney Details and Documents: Give us your attorney’s contact information and provide important legal documents related to the case.
Case Evaluation: Our team will meet with your legal representatives to carefully review your lawsuit. We will assess the merits of your case and the expected settlement. This will help us determine if funding is a good fit for your situation.
Approval, Offer, & Funding: If your case qualifies, we will present you with a funding offer tailored to your business needs. Once approved, your settlement cash advance will be disbursed quickly—typically within a few business days, depending on case details.
Repay Only If You Win: However, you don’t have to worry about monthly payments. Repayment is only required if you win your case or reach a settlement.
Do You Need a Business Credit Score to Get Our Texas Commercial Lawsuit Loans?
No, you do not need a business credit score to qualify for our commercial lawsuit loans in Texas. These business lawsuit loans are based on the strength of your legal case, not your credit history. We do not check credit scores, require collateral, or assess financial records.
Instead, we review the details of your lawsuit to determine if funding is a good option for your business. This makes it easier for businesses of all sizes, including startups and companies with financial challenges, to access the support they need. Also, since you only need to pay back if you win your case or reach a settlement, there is no risk of damaging your business credit.
Call High Rise Financial for Affordable Commercial Lawsuit Loans in Texas
If your company is involved in a pending corporate litigation and you need financial support, you can apply for commercial legal funding. Contact High Rise Financial today or call our toll-free number (866) 265-8738 for a simple consultation. We’re proud to serve businesses and clients throughout the state of Texas.