60-100%APR-Buy Car Accident Lawsuit Winning

Asking Price$900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Example: $10,000 Advance. 30% per 6 months, Accrue $6000.Save

60-100%APR-Buy Car Accident Lawsuit Winning


Asking Price$900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
We buy lawsuit winnings from personal injury victims.Our specialty finance firm is seeking to sell our Litigation Funding Brokering and Inhouse Funding Business. We have sold- brokered over 4500 applicants transactions personal injury victimsfor average 13% fee. These Applicants whom are litigants of personal injury lawsuits are seeking to sell small portions(10k-50k) of their future lawsuit winnings of $100- $1 million dollars, they pay 50% to 100% a year accruel cost to be paid off at the settlement of the lawsuit. The personal injury victim signs a litigation funding agreement, giving direction to the Attorney, which is irrevocable to pay off this lien in any event including their death. We have reviewed over 50k applications from injury victims, collecting the police report, filed claim in court, medical records, insurance policy and settlement documents. Major companies like JG Wentworth, lawcash, Oasis, US Claims have purchase these opportunities from our firm. We have made these companies hundreds of millions of dollars. We are seeking to sell our broker business and accept a buyout of inventory. We advanced the injury victim ten thousand dollars and accrue 300,000 dollars a year in receivables on top of our inventory Value. Since lawsuits never settled within a six month buckets of 30% fee, you can realize a gain of 90% in month, thirteen, fourteen ,fifteen. We can stay on for 6 months for training of operations. All claims are backed by client folded spreadsheets and banking transaction details available.
About the Business
Years in Operation
13
Facilities & Assets
The assets all the receivables. We have purchased over one million dollars in lawsuit proceeds. There is a half a million dollars lens, which accrue at an average 50- 100% a year until settlement of the personal injury lawsuit than to be dispersed by the attorney at settlement. The attorney must pay the liens, or he will be disbarred. We have a default rate of under five percent. 100 transactions of 10,000 earns 50% return per year. 5% default rate is inconsequential.
About the Sale
Seller Motivation
I am seeking a Capital Partner. I NOT LEAVING
Transition Support
Full Support and trainings 12-60 months. I am willing to stay on.
Financing Options
Yes
Listing Info
ID
2335434
Listing Views
226

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Business Listed by: Alfonso Danio

Listing ID: 2335434 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.