Litigation Funding in Houston: Simplified Process
Efficient Capital Access for Litigation Support
Virage Capital Management LP offers a simple, straightforward, and relatively fast litigation funding process. Following the receipt of all due diligence items from potential borrowers, Virage has a target closing of three weeks or less.
Step-by-Step Guide to Obtaining Litigation Financing:
- Conduct initial intake call
- Sign mutual non-disclosure agreement (NDA)
- Submit application for financing, along with supporting documents
- Receive term sheet
- Complete due diligence
- Obtain approval
- Closing
- Post-closing process
Competitive Financing Terms for Legal Support
The goal at Virage is to offer business-friendly litigation funding solutions to borrowers. As such, Virage generally offers more favorable terms than traditional banks and lenders. With Virage, there are no prepayment fees — ever.
Virage also offers flexible repayment waterfalls and a one-time origination fee for the loan amount/new advances, as well as no mandatory debt servicing and no quarterly or annual interim/maintenance fees. Virage has deployed over $1.1 billion to its borrowers, and it offers funding in amounts starting from $250,000 and up to amounts in the multi-millions.
Get Started with Your Litigation Funding Today
Virage considers the “true cost of money,” such as interest rates, access to funds, fees, and other factors when providing funding solutions to borrowers. Through a sustainable business model and numerous loyal borrowers and repeat business, Virage has become a trusted lender in its space.
Contact Virage Capital Management at (713) 714-5355 to learn more about how we can help you with the funding process today.
