Litigation Finance

aka Litigation Funding, Third-party Litigation Funding

Litigation funding is where a third party provides the financial resources to enable litigation or arbitration cases to proceed. If the case is won, the funder receives an agreed share of the proceeds of the claim. If the case is unsuccessful, the funder loses its money and nothing is owed by the litigant.

It’s a David-and-Goliath dynamic, a way to win otherwise unwinnable wars.

 

Features

- Obviously for civil lawsuits (focused exclusively on commercial cases - eg. breach-of-contract [disputes] )

- Currently restricted for existing customers with Sikamaster Member Area Login Access.

- Lawyers may contact us, or plaintiffs may contact us directly

- We use tech to speed up due diligence

- Uniquely structured to accommodate idiosyncratic risk in the court system that can’t be anticipated.

 

Benefits

Plaintiffs

- Helps undercapitalized plaintiffs further meritorious cases by financing commercial litigation expenses

- Provides capital injections for already filed cases that experience funding constraints

- Reduces the risk of premature settlement for less than cases are worth

- Unlocks liquidity for working capital

- Provides a cushion for personal expenses

- Allows companies to manage how litigation costs affect their balance sheets

- Enables greater access to top legal talent

 

Lawyers and Law Firms

- Allows attorneys and law firms to accept cases from plaintiffs who otherwise could not afford their fees

- Provides capital for all litigation expenses, including expert witness fees - Reduces the risk that clients will run out of money during litigation

- Enables attorneys and law firms to offer more flexible payment arrangements to prospective clients

- Increases plaintiffs’ effectiveness by providing funding for working capital and personal expenses

- Helps achieve recoveries that are more in line with case merits and damages

 

 

 

How to apply

Kindly complete an online application here.

Useful info

Sikamaster, is a 24/7*365 well-capitalised internet first, forward-thinking, safe, robust, resilient, smart and responsible direct lender for the working class and modern and/or scalable small, medium & large businesses, including startups.

SML is not; a microfinance institution, and neither a savings & loans company or a Specialised Deposit-taking Institution (SDI) of any form, kind or type. SML does not seek and/or accept outside capital.

Rolling out a secured, safer, convenient, revolutionary self-care, ethical, no upfront fee, direct lending platform in phases (three phases remaining, including key synergistic acquisitions and regulation for some aspects of our operations).

We're Social

             

Ghana's 24/7 Direct Financing Hub

Not all our loans require a collateral - But if your loan requires one, any property used as security (which may include your home or pensions and/or business assets, or personal guarantees) may be repossessed if you do not keep up repayments on a loan or any other debts secured on it. Our Repayment Assistance Programme is available to qualified borrowers only.
 
PLEASE READ TERMS & CONDITIONS, COOKIES POLICY, PRIVACY POLICY, DATA RETENTION POLICY, & MODERN SLAVERY POLICY BEFORE USING THIS WEBSITE OR OUR SERVICE.
 
Applicants must be 18 or over. All loans are subject to affordability, applicant verification, traditional credit checks and TDG Scoring via various national databases in accordance with Sikamaster''s responsible lending policy.
 
Please note that there have been an increasing number of attempts to defraud Sikamaster clients. Please take every necessary measure to ensure that your account information is secure! Learn more.
 
Aside lending, our website offers information about saving, investing, tax and other financial matters, but not personal advice. If you're not sure whether Sikamaster Loans lending is right for you, please seek independent financial advice, and if you decide to borrow from us, please read our How We Operate before you proceed.