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Entrepreneur Growth Capital, Llc
Entrepreneur Growth Capital Announces New Attorney Funding Division
October 5th, 2008
Entrepreneur Growth Capital, LLC ("EGC") continues its expansion into new financial services with the creation of its Attorney Funding Division. This division will provide financing services to plaintiff law firms by buying their legal fees from settled cases. "The entire area of financing for plaintiff law firms is evolving rapidly and we saw an opportunity to bring our decades of experience in asset-based lending and factoring to the legal community," said Dean Landis, President of EGC. "Plaintiff law firms have always had a hard time borrowing because their assets are unique. Their accounts receivable have a contingency nature to them and an unknown payment term. The...
Source: Pharma Investments, Ventures & Law Weekly (2008-10-05)
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