Contingency fee-based legal practices are unique businesses with specific funding requirements. We have invested 20 years developing the specialized financial tools to best address them.
Referred to as Personal Injury Loans or Lawsuit Loans, they provide you with financial control while you wait for your claim to settle. The lowest borrowing rates. A fast and easy approval process. No hidden fees.
“Not all litigation lending companies are alike... We only trust BridgePoint to look after our clients' pre-settlement financing needs.”
- Charles Gluckstein, Gluckstein Personal Injury Lawyers
BridgePoint Financial is celebrating 20 years as the leader in Canada's legal finance market, offering the most innovative and strategic funding solutions with an unwavering focus on client service. Thanks to an unparalleled record we have trusted relationships with over 1,500 law firms across the country. We do not take that trust lightly and continually develop our industry-leading products, providing an exceptional experience and favourable outcomes for the law firms and their clients who we assist in the Personal Injury, Wills & Estates, First Nations, and Class Action practice areas.
Unlike traditional lenders, we fully understand the litigation practice business model. Deferred legal fees, unpredictable file durations and increasingly onerous disbursement requirements result in unique funding challenges that banks cannot address. We can.
From sole practitioners to national full-service firms, BridgePoint Financial helps our law firm clients manage the cash flow challenges common to contingency fee arrangements. Our law firm financing products are designed to fund any or all disbursements, allowing firms to reserve their existing bank credit for general operating expenses. Funding is available on a file or even invoice-specific basis and is seamlessly administered via our intuitive online portal.
BridgePoint’s disbursement funding solutions are offered via two proprietary products, Expert Access and File Funder, which can be used independently or in tandem to relieve any or all of a firm’s disbursement funding requirements.
A unique solution designed to help personal injury firms grow their practices while managing the cash flow fluctuations inherent in contingency fee arrangements. Expert Access combines two essential services: the ability to source the most qualified experts anywhere in Canada, and the option to defer payments for their reports until settlement with no interest for two years.
Expert Search: Use our online portal to research and connect with over 500 medical, engineering, financial and other leading experts and IME companies across Canada.
Defer Payment: Defer payment for any expert report until settlement of the underlying file, perfectly in line with your law firm’s cashflow.
No Interest: No interest or financing charges on the expert’s invoice until the earlier of settlement or two years. Lawyers have the option to pay any account at the two-year mark or commence financing thereafter until settlement.
From finding experts and seamlessly funding reports, to flexible repayment options, the process consists of only a few steps and is designed to be intuitive and straightforward. And you can manage all aspects of your account using BridgePoint’s secure, online portal.
A flexible and affordable solution for law firms to finance individual disbursements at their discretion, including those already incurred, grow their practices and optimally develop their claim inventory. Funding is repaid upon settlement of the underlying file, perfectly in line with a firm’s cash flow.
No monthly payments until the file is settled.
Complete flexibility and solutions for all practice sizes.
Effortless management using the BridgePoint Portal.
Tap into a new source of disbursement funds. Disbursements are the fuel that propels a client’s claim towards a successful conclusion. File Funder is an easy and affordable way to fund any disbursement, on any file, at any time. Simply submit the disbursement amount you would like to fund, enter the client identifier (name or file number) and funds are immediately transferred to your account. File Funder is repaid with interest at settlement of each underlying file.
Practice-specific solutions developed to address the financial challenges encountered when managing an estate, awaiting an
inheritance, and funding litigation.
Estate Expense Advances: Removing the financial burden that comes with administrating an estate.
For executors/trustees: Commonly leveraged to cover legal and probate fees, estate debts and commitments (mortgage, taxes, maintenance, etc.), funeral costs or to maximize the value of the estate for resale.
Inheritance Advances: A solution when the funds are coming but waiting isn’t an option.
Structured as an advance on the eventual inheritance typically used for paying down debt, addressing financial issues, timely investments, real estate and for a variety of personal reasons.
Estate Litigation Funding: The financial means to retain counsel and advance access to justice.
A funding option that can be used for legal fees and personal expenses incurred during litigation commonly related to will challenges and estate-related disputes.