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SOURCE Case Funding Inc.
Experienced Team and Industry Focus Allows for Rapid Build Out
NEW YORK, Sept. 12, 2013 /PRNewswire/ -- Case Funding Inc. ("Case Funding") announced that it has posted its third consecutive quarter of profitability in only its eighth quarter since its inception, in June 2011.
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Case Funding is a member of Chesswood Group Limited, a dividend-paying publicly traded company on the Toronto Stock Exchange, focused on specialty finance. Chesswood recently announced record earnings for its second quarter ended June 2013.
Led by a team with decades of experience in legal financing, Case Funding provides working capital loans to attorneys and law firms for operating expenses, expansion, case costs and marketing. Case Funding also offers pre-settlement funding to personal injury victims as well as financing for medical procedures for the uninsured. Loans and advances are available throughout the U.S. and to firms of all sizes and practice areas, and to individuals engaged in an active lawsuit.
Case Funding offers flexible three-year law firm loans exclusively to attorneys based on the principals' credit profile, the firm's track record and the value of its contingent fees.
According to Richard Silverstein, president and CEO of Case Funding, "We continue to add quality clients to our roster of attorney and law firm borrowers and to expand our loan products as we take a measured approach to building a high-quality legal finance portfolio." Case Funding recently launched a new law firm loan product labeled the "ACE Loan", specifically tailored for personal injury - contingency fee based law firms.
"We are thrilled with the support we get from Chesswood and the senior management teams of our parent and affiliated companies, and couldn't be more satisfied with Case Funding's results to date," added Silverstein.
On August 21, 2013 Chesswood Group announced a cash dividend of $0.06 per share for the month of August. The dividend will be payable to shareholders of record at the close of business on August 31, 2013 and will be paid on September 16, 2013.
For more information, visit www.casefunding.com or call Leon Branam at 888 796-7594.
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