Litigation Finance
Credit Lines

Revolving credit lines give your firm flexible, on-demand capital, draw what you need, repay as cases settle, and reuse your facility. You only pay interest on what you borrow, making it the most efficient way to manage cash flow across an active docket.

Key Benefits
$
Draw on demand
Interest only when drawn
Repay and reuse
Scale with your docket
Flexible revolving capital that moves with your caseload.
Key Features

How Credit Lines Work

Designed for firms that need continuous access to capital without the rigidity of a fixed loan structure.

Revolving Access to Funds
Draw from your credit line as needed, repay when cases settle, and reuse the available balance. Your facility stays open and accessible. No need to reapply every time you need capital.
Interest on Utilized Amounts Only
You only pay interest on the amount you've actually drawn. Not the entire credit limit. This keeps your cost of capital lean, especially when you're between case cycles.
Faster Approval & Access
Credit line underwriting is typically more streamlined than traditional loan processes. Once approved, you can draw funds quickly, often within days, giving you speed when opportunities arise.
Potential for Lower Costs
The interest-on-use structure often makes credit lines cheaper than fixed-term loans over time. If you manage your draws strategically, your total financing cost stays well below alternatives.
Improved Cash Flow Management
Smooth out the peaks and valleys of litigation cash flow. Cover unexpected expenses, bridge the gap between settlements, and maintain operational stability no matter your docket's timeline.
Support Growth Initiatives
Use available capital to fund firm expansions, marketing campaigns, talent acquisition, and new case verticals, without waiting for current cases to resolve first.
Full Transparency

Pros & Cons

An honest look at both sides. So you can make the best decision for your firm.

Financial Flexibility
Click to expand

Draw and repay funds as needed, allowing for efficient cash flow management. Your credit line adapts to your firm's pace, scale up during case acquisition, scale down between cycles.

Cost Efficiency
Click to expand

Interest is only charged on the borrowed amount, not the full facility. This can significantly reduce your total financing cost compared to a fixed-term loan, especially for firms with variable capital needs.

Versatile Use of Funds
Click to expand

Less oversight on how funds are deployed within your firm. Use capital for case costs, operations, marketing, hiring, or any strategic initiative, without lender restrictions on spend categories.

Continuous Capital Availability
Click to expand

Ongoing access to funds ensures your firm can grow consistently. As you repay draws, that capital becomes available again, creating a self-sustaining funding cycle.

Less Financial Strain
Click to expand

A revolving facility is more manageable than a large lump-sum loan. Draw only what you need when you need it, keeping your debt levels proportional to your actual requirements.

No Fixed Repayment Schedule
Click to expand

Flexible repayment options align with your firm's actual cash flow rather than forcing you into rigid monthly payments that don't match your settlement timeline.

The pros and cons above are illustrative and not exhaustive. Every funding structure carries firm-specific legal, tax, and financial considerations. Always consult your CPA and an attorney before entering into any funding arrangement.

Deep Dive

How Revolving Credit Lines Work for Law Firms

A revolving credit line is the most flexible form of litigation financing available to plaintiff firms. Unlike a term loan where you receive a lump sum, a credit line establishes a maximum borrowing limit that you can draw from as needed. And as you repay, that capacity becomes available again. This revolving structure mirrors how plaintiff firms actually operate: you need capital when cases are ramping up, and you have capital available when cases settle. The most common structure in litigation finance is a line of credit secured by your firm's case portfolio. Lenders evaluate your docket composition, settlement history, and firm financials to set a facility size, advance rate, and interest structure. Most facilities range from $500K to $50M+ depending on firm size and portfolio quality. Interest typically accrues only on drawn amounts, making credit lines significantly more cost-efficient than term loans for firms with variable capital needs.

Common Applications

How Firms Use This Capital

01
Fund case costs as cases progress through litigation
02
Cover payroll and overhead during slow settlement periods
03
Finance marketing and lead generation campaigns
04
Pay expert witness and deposition costs
05
Bridge cash flow gaps between settlements
06
Fund case acquisition and intake operations
07
Cover technology and infrastructure investments
08
Finance office expansion and hiring
Key Considerations

What to Know Before You Apply

Advance Rate Matters

Lenders typically advance 10-30% of your estimated portfolio value. Understanding how your docket is valued. And what advance rate to expect, is critical for sizing your facility correctly.

Interest on Drawn Amounts Only

Unlike term loans, you only pay interest on what you actually borrow. This can save significant money if your capital needs fluctuate throughout the year. Always compare effective cost vs. term loan alternatives.

Borrowing Base Calculations

Your available credit is typically tied to a monthly or quarterly borrowing base calculation based on your active case portfolio. As cases settle and new ones enter, your availability changes.

Covenants and Restrictions

Credit facilities often include financial covenants, minimum revenue thresholds, concentration limits, and portfolio composition requirements. Understand these before signing to avoid technical defaults.

The Tortlink Advantage

Why Choose Tortlink for Credit Lines?

Tortlink has helped dozens of plaintiff firms secure revolving credit facilities from our network of 80+ capital providers. We understand the nuances of borrowing base calculations, advance rate negotiations, and covenant structures. And our memo team presents your docket in the format credit line lenders expect. We negotiate on your behalf to secure the most favorable terms, and our transparent approach means you see every offer side by side with full disclosure of rates, fees, and restrictions.

Take the next step

Answer a few questions. We handle the rest.

Two minutes of intake. A consultation call. A full capital matchmaking process. No upfront cost.

See if you qualify