Lawsuit Cash Advance Announces Joint Venture with Beacon Legal Finance

Lawsuit Cash Advance, a leader in the litigation finance industry, announces a joint venture with Beacon Legal Finance, a Chicago-based lawsuit funding company that began its operations in January 2005. In their joint venture, Beacon will act as an exclusive originator for Lawsuit Cash Advance to market and source cash advances for plaintiffs who have personal injury lawsuits. In addition to receiving an ongoing source of funding for its cash advance pipeline, Beacon will benefit from Lawsuit Cash Advance’s established underwriting platform and experienced servicing capabilities.

According to Jon Sabes, Chief Executive Office of Lawsuit Cash Advance, "Beacon’s origination capabilities are extremely complementary to our existing marketing efforts, and we expect to significantly benefit from the multi-channel marketing strategies that Beacon can apply as an exclusive originator for LCA." James Pomposelli, Managing Principal of Beacon Legal Finance, added, "LCA’s transparent underwriting process, financial resources and commitment to the business make it a perfect match for Beacon’s ability to originate plaintiff cash advances."

Located in Chicago, Illinois, Beacon Legal Finance sources plaintiff cash advances primarily through direct consumer marketing. Beacon Legal Finance is found on the internet at http://www.beaconlegal.com/, and can be reached at 1-888-723-2266. Headquartered in Minneapolis, Minnesota, Lawsuit Cash Advance is a lawsuit funding company that specializes in providing lawsuit cash advances to auto accident victims waiting for a pending insurance settlement or personal injury lawsuit. Lawsuit Cash Advance can be found on the internet at http://www.lawsuitcashadvance.com or at 1-800-781-0777.