|
| Toll Free: | 1-888-800-4966 |
| Fax: | 1-416-941-9035 |
| Address: | 73 Richmond Street West |
| Suite 412 |
| Toronto, ON |
| M5H 4E8 |
| E -mail: | inquiries@bpfin.com |
|
|
|
|
Plaintiff Lending Services

Information for Plaintiffs' Counsel:
| 1. |
As is specifically stated in our plaintiff loan agreement, plaintiff loans are repaid to
BridgePoint only after all legal fees and disbursement obligations
have been satisfied.
|
| 2. |
Each loan agreement is a contract between BridgePoint and the individual claimant, subject
to our independent legal due diligence. Accordingly, counsel has no responsibility whatsoever
for repaying the loan and is not a guarantor of their client's obligation.
|
| 3. |
BridgePoint maintains an entirely independent relationship with the law firms whose
clients it assists. Our objective is to provide financial assistance and we will not interfere
in counsel's management of a case. |
Our Standard Loan Terms
| Interest Rate: |
1.8% to 2.2% per month (22% to 26% per year) |
| Repayment: |
No interest or principal repayments are required until the underlying claim is resolved. We will not call the loan until a case is settled (however long it takes) |
| Compounding: |
Semi-annually, not monthly |
| Credit History Review: |
None |
| Income Verification: |
None |
| Loan Term: |
Minimum 6 months No maximum |
| Administration Fee: |
$325 plus GST (no charge if a loan request is denied) |
Please note there are no fees associated with applying for a loan unless you accept our loan offer.
|
|
Frequently Asked Questions
|
|
|