How long does an application take for litigation financing?
The application time for litigation financing cases depends on the funder and how much information is available about the case. It’s worth looking at the funder’s case criteria first. Calling the funder to discuss your case and its prospects in complete confidence is a good idea. Once the funder is satisfied that your case has potential, it will be prepared for presentation to their Investment Committee, which meets regularly to consider cases. It is not atypical for lenders to take 8-12 weeks to assess a case for funding and enter into a funding contract with the plaintiff.