Insights

How to choose the best litigation funder

June 29, 2023

How to choose the best litigation funder

The path to litigation funding can often seem complex.

When determining how to choose a litigation funder, several key factors need to be considered. These are essential in selecting the best litigation funder for your needs.

Sentry Funding is committed to simplifying the process of choosing a litigation funder,  offering free access to a comprehensive panel of litigation funders via our innovative Sentry Portal.

Let’s delve into the things to look for in a litigation funder and how Sentry Funding facilitates this selection process.

  1. Transparency

Transparency is crucial when choosing the best litigation funder. It’s important for a funder to provide clear and comprehensive information about their funding criteria, arrangements, terms and fees. Sentry Funding ensures that every funder on our portal adheres to this principle.

Our technology lets you run a ‘Decision in Principle’ that will give you a funding decision in less than five minutes. So you can be confident your case would suit our funders before making an application.

  1. Experience and Track Record

The experience and track record of litigation funders can significantly impact the outcome of cases. Sentry Funding’s portal provides access to a vast network of funders with diverse expertise and proven track records, enabling you to find the best legal funding options tailored to your case.

  1. Financial Stability

Financial stability is a vital attribute for the best litigation funders. With Sentry Funding’s extensive panel of funders, rest assured that each funder has been thoroughly vetted for their financial robustness.

  1. Client-Focused Approach

The best litigation funder is the one that places clients’ needs first, offering personalised services. Sentry Funding’s portal simplifies the process of identifying such funders. Our dedicated team is always on hand to provide assistance throughout the funding application and receipt process.

  1. Fair Terms and Conditions

Choosing a funder offering fair and favourable terms and conditions can make all the difference to your litigation. Through the Sentry Funding portal, you can effortlessly compare the terms and conditions provided by different funders, ensuring you find the most suitable funding options.

  1. Speed and Efficiency

Time is often of the essence in litigation. The Sentry Portal accelerates the process of applying for and receiving litigation funding. Through our innovative technology, we aim to take you from application to drawdown of funds in less than 15 days.

Check out our Rapid Raise funding products that automate the decision-making process.

Conclusion

When it comes to litigation funding, making an informed decision is crucial. By considering these key factors and using the Sentry Funding portal, solicitors can ensure they are selecting the best litigation funder for their needs, efficiently and effectively.

At Sentry Funding, we’re dedicated to simplifying the litigation funding process, providing free access to a diverse range of vetted funders, and helping solicitors secure the best funding options for their clients.


June 29, 2023

Insights