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The New Startup: Legal Financing & Lawsuit Loans

YoungUpstarts

If you haven’t heard about legal financing or lawsuit loans before, that may change. The practice of legal financing dates back to the early 1990s, but it didn’t take off in the United States until Credit Suisse Securities launched a litigation lending program in 2006 that later became its own company in 2012.

Finance 179
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Today For The First Time in 80 Years, You Can Ask Total Strangers to Invest in Your Business

Up and Running

As of September 23, 2013, American businesses can advertise that they are raising money, and it won’t be considered a crime. The Securities and Exchange Commission is lifting an 80-year-ban on the practice , freeing up privately-owned businesses across the country to openly seek investment funding.