Wednesday, December 29, 2010

My opinion; At least $50 million being funded monthly in the U.S.

Despite what you may hear, think, believe or surmise, the funding business is no longer 10 or so large companies and some small " mom and pop " shops. There are large funding concerns, hedge funds, private equity, wealthy individuals, insurance companies and hundreds of small entities pounding out deals (advances) daily.
I am quite confident that more than $50 million is being funded monthly[probably closer to a$100 million] and well over $500 million annually.

I guess litigation funding is no longer the world's best kept secret.

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