Merchant Cash Advance

The Law Offices of Jordan Cohen, P.C. is currently representing numerous funders throughout the United States that purchase future receivables of respective businesses in which they have funded over $800 million with merchants. In addition, the client list has grown over the years to include many ISO's and direct marketers. Being a client of the Firm not only introduces you to the most up to date case law and regulatory aspects of this business, but the networking and relationships forged is a major asset.  The specific services offered by the Law Offices of Jordan Cohen, P.C. are as follows:


Pre-Settlement Funding and Medical Receivables

In regards to Pre-Settlement Funding, the days of Plaintiff's wanting to wait two years for any monies regarding their potential settlement have changed. Whether it be the Court's taking longer to get things on the docket, insurance companies fighting back or a Plaintiff needing a surgery to ensure they can have a better life in addition to get a settlement of what they truly deserve due to the negligence of the Defendant(s), non-recourse advances are major part of the personal injury case. Over the past tens years, Jordan Cohen, Esq. has been general counsel for one of the leaders in this industry in which he has built a very successful and innovative Pre-Settlement Funding company. In addition, he has been a consultant for eleven other funding companies, building them from infancy to sale and/or handling all underwriting, lien management and collections. The accomplishments with his clients include without limitation:

  1. Raised over $350 million in structured portfolio sale/forward flow agreements for a pre-settlement and medical receivable funding company based in New York;
  2. Negotiated senior and junior credit facilities for  New York based non-recourse funding company and facilitated the sale of the company to a private family office; 
  3. Raised over $150 million in loans from lenders and private investors to facilitate capital to cover $400 million in funding used for non-recourse advances by companies based in CA, NY and FL; and
  4. Consulted on the development of proprietary software for pre-settlement and medical receivable funding now used  by companies throughout the United States and Europe.
  • Capital Raises ranging from introductions to companies that offer capital through the closing phase
  • Substantive contract review and preparation
  • Underwriting Guidelines
  • Compliance and regulatory consulting
  • Collections varying from pre-judgment through post-judgment with over $200 million collected
  • UCC guidelines/Negating of Stacking/Protecting receivables in a Bankruptcy setting
  • Working with Debt Settlement Companies