There is some truth to the saying that banks only lend money to those who do not need it. Businesses in need of working capital know this only too well. When business is good, and the company has money in its checking account, the local bank wants to loan them money. But wait a few months or a year, and now the business is short of cash, and the local bank is not making loans!
For the business that is a plaintiff in a commercial lawsuit, there may be silver lining in that cloud. A commercial lawsuit loan can be a source of working capital that does not have to be re-paid unless and until the company wins its lawsuit! And unlike any bank loan, lawsuit loans do not require personal guarantees by the owners of the business!
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