BridgetPoint offers flexible working capital financing alternatives to both businesses and the host of specialized
Litigation Support Service Providers for the Canadian personal injury market.
- Due to the nature of the litigation process, such service providers are often not paid for their
services until a client's underlying legal claim is resolved (which can be years);
- The lengthy accounts receivable collection cycle and the possibility that final
amounts may be subject to judicial discretion generally disqualifies them from financing
from banks and other traditional lending institutions;
- Nevertheless, they continue to have ongoing operating and overhead expense commitments
that must be met.
Our clients include:
- Independent Medical Specialists;
- Occupational Therapy and Rehabilitation Service Providers;
- Forensic Accountants;
- Engineering/Accident Reconstruction Service Providers;
- Accessible Housing Assessors, etc...;
- Case Management Service Providers.
Our interim, or "bridge" financing alternatives eliminate the need for
Litigation Support Service Providers to wait long and often unpredictable periods of time to be paid for their services from insurers or law firms.