Counsel Financial today announced that it has advanced over $1.5 billion in loans to plaintiffs’ law firms since entering the market in 2001. As a result of substantial industry demand coupled with new creative products such as the Hybrid Line™ and the Enter Mass Torts™ program, 2015 was the company’s most successful year in providing financing to the plaintiffs’ bar.
In order to meet the increased demand for financing, Counsel Financial has taken a number of measures to maintain its leadership position as the nation’s largest lender exclusively to the plaintiffs’ bar. “We have recently capitalized our business to ensure we can continue to provide the financial support our clients need,” said Ryan Kagels, Chief Financial Officer of Counsel Financial.
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