Built for and by plaintiff attorneys, Level Case Financing is a business line of credit assigned to a case. It is fast and flexible financing. This case-specific credit line disburses funds as needed, up to the case's credit limit, and features competitive rates and repayment terms that align with the length of your case.

Our quick, easy, and highly automated underwriting allows us to offer you financing in mere hours, as opposed to other lenders that take weeks or longer to approve a loan.

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LCF is currently available exclusively to plaintiff lawyers. Defendant lawyers are not eligible at the moment.

Apply for LCF here. It is a simple application that will take a few minutes to fill out and will not impact your credit score.

Nearly all negligence cases (except for mass tort and class action cases) are eligible for LCF. To qualify, the law firm will be underwritten first and, if approved, your cases should qualify for LCF. The most frequent case types that we fund are: professional liability cases (including medical malpractice), product liability, premises liability, auto/trucking negligence, and business torts.

LCF is available in every state except South Dakota, North Dakota and Vermont.

Apply online by clicking this link. The application is simple and will take you only a few minutes.

Rates vary depending on the business credit of the firm and personal credit of the guarantor(s).  Net borrowing cost typically of less than 1% per year. Note that your application will NOT affect your personal credit score.

Interest accrues only if there is an outstanding balance on your LCF account. If the balance is zero, interest will not accrue.

Interest expenses are tracked on a per case basis, so that you can pass this cost to your client (where applicable).

To help you manage your cash flow and keep payments low while you work your case, LCF is an interest-only loan for the first 18-24 months. This means that if there is an outstanding principal balance on the line of credit, LCF processes interest-only payments. You may make payments for an amount higher than the interest payment if you so desire. Any payment amount in excess of the interest accrued is applied to the principal balance. After the expiration of the interest-only period, LevelEsq may consider extending the interest-only period depending upon case activity. We understand cases don't always follow a straight line.

Once a case is settled and the settlement funds have cleared payment, the entire line of credit balance, if any, is due. In the event of a trial loss for a case that is not covered any adverse ruling that ends the case, the loan will be amortized over a period of 12-36 months.

Interest-only periods and principal plus interest repayment periods may vary from law firm to law firm, and case to case. Final terms and conditions are subject to underwriting and final approval from LevelEsq. Final terms and conditions will be provided to you during underwriting.

You need only provide the de minimus information contained within our simple online application form. You will be asked to either link your operating bank account with our third-party service, Finicity, or you can provide the last 6 months of bank statements by uploading them the application. If you link through Finicity, we will waive the bank analysis fee of $100.

Yes, the proceeds of the loan are to be used to pay the cost disbursements from the associated case.

The law firms only need to be underwritten once per year. The initial underwriting is done at the time of application and a renewal underwriting is performed at the one-year mark. Each case will be reviewed by our team to ensure the case meets the basic criteria and to set a credit limit on that case’s loan exposure.

You will be asked to either link your operating bank account with our third-party service, Finicity, or you can provide the last 6 months of bank statements by uploading them to our system. If you link your bank through Finicity, we will waive the $100 bank analysis fee.

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No.

LevelEsq, which is an Idea Financial company, underwrites LCF.

You can always request a loan limit increase, although there is no guarantee this will be provided.

You can withdraw cash from your Level Case Financing line of credit whenever you wish during the interest-only period. To make a draw, login to the LevelEsq online portal here.

Our underwriting team will underwrite your firm and the guarantors. We require 50% ownership of the law firm to guarantee the loan. You must have a minimum 650 FICO to be approved.

LevelEsq’s co-founders, Larry Bassuk and Justin Leto, are both trial lawyers with their licenses to practice law in Florida and in the federal courts in Florida. They initially invented, and brought to market, LevelEsq’s other signature product, Level Insurance (LI). Level Insurance insures cases and makes payment in the event the case is lost at trial. Level Insurance has provided over $100 million in coverage to law firms nationwide. While working on the growth of LevelEsq through Level Insurance, Larry and Justin launched a small business lending company, Idea Financial. Idea Financial has developed excellent technology for speedy underwriting and issuance of small business loans and recently closed on a large debt facility from Synovus Bank.

Level Insurance was acquired by Idea Financial and, using the dynamic lending platform Idea Financial has developed, Level Insurance became LevelEsq to launch Level Case Financing, a business line of credit for plaintiff lawyers.  

We have the tools and the expertise to get you the financing you need, quickly and efficiently. LevelEsq knows how your business works and can offer your firm specified case-by-case financing with personalized service, fast approvals, less red tape, and a tech-enabled customer experience. It has taken far too long for fintech to provide this type of financing to lawyers.  LevelEsq is here to change that.

Level Case Financing is a flexible line of credit with a credit limit based on the value of your individual case. We understand the unique finances of plaintiff law firms. Funding case costs and investing in quality experts is expensive, and years can pass before a case is resolved. To grow your firm, you need to be able to take on more cases, which places further demands on cash flow that is, by its very nature, sporadic and unpredictable. Level Case Financing provides the liquidity you need to invest in your firm’s future and frees up the cash that you have tied into your case expenses.

Level Case Financing is faster. While other lenders have lengthy and invasive approval processes, our lightning-fast application and underwriting process allows you to access funds quickly and without hassle. Because we are a financial technology company, we can offer loans to applicants in hours, rather than weeks.

Level Case Financing is less intrusive and does not make unreasonable demands. Unlike other lenders, we will NOT require you to:

• End relationships with your bank or other lenders
• Buy life insurance for our benefit
• Provide additional personal collateral

We will track your interest costs for free. Level Case Financing gives you access to our digital platform, which includes easy interest tracking on each case. This tracking allows you to pass that interest to your clients, where permitted by state Bar and Ethics Rules. In most jurisdictions, law firms can recover interest charges related to funding case expenses from case awards, provided the firm individually tracks the interest expenses. Other lenders may provide this service, but they charge a fee. We provide this to you without additional charges.

Level Case Financing applied for within the first 120 days after service of process include a Level Insurance policy. Only LevelEsq offers this unique service. If a trial results in a zero-dollar recovery for your case, this insurance will repay LevelEsq the principal balance of your loan, so your firm doesn’t have to. Level Insurance typically costs 7% of the amount of coverage. Rather than charging you for the Level Insurance policy up front, we charge a monthly line maintenance fee of 30 to 50 basis points of your LCF credit limit. Whereas all other lenders charge fees, those fees do not enhance their product offering. Our fees are directly linked to your Level Insurance policy and provide your coverage so if you lose at trial, you will not have to pay us back from your law firm funds. For more information about our revolutionary Level Insurance, click here.

Level Case Financing uses a digital platform where you and your firm can easily categorize cases, track interest, and quickly request funds for your case as needed.

Level Case Financing uses LevelEsq's proprietary digital platform that allows you and your firm to easily categorize cases, track interest, and quickly request funds for your case as needed. The online portal shows your transaction history, payment schedule, documents, among other information on a per case basis.

The interest tracking feature allows you to pass that interest to your clients, where permitted by state Bar and Ethics Rules. In most jurisdictions, law firms can recover interest charges related to funding case expenses from case awards, provided the firm individually tracks the interest expenses. We offer this service at no additional fee in every case you finance. We encourage you to check with your State and local Bar to determine your ability to pass interest costs to your client.

Every time you file a lawsuit, you can apply for Level Case Financing for that case.

No. Level Case Financing is available on a case-by-case basis at the discretion of the lawyer or firm. There is no requirement to seek Level Case Financing on any case.

You may be able to recover interest charges related to funding case expenses from case awards.

In many jurisdictions, law firms can pass interest costs related to funding case expenses to the client. To do so, the firm must individually track the interest expenses.

Rather than track your own expenses, LevelEsq tracks your interest in each case. We provide this service, which reduces your cost for taking a LevelEsq loan considerably, to your firm at no additional cost.

LevelEsq encourages you to check with your State and local Bar to determine your ability to pass interest costs to your client. All loans are subject to credit approval, and terms and conditions may vary.

No. Other lenders may require life insurance from a borrower to guarantee loan repayment. We will never demand that you buy life insurance for our benefit. Life insurance is for your family, not for us.

While other lenders may require a borrower to provide equipment, goods, or other tangible collateral to guarantee loan repayment, LevelEsq only requires a personal guarantee that the loan will be repaid.

No. Other lenders may require you to close other financing or to end relationships with banks that you have worked years to establish. We respect your relationships and will never ask you to leave your bank.

Send us an email to info@levelesq.com and we will respond quickly.

Multi-Factor authentication (MFA) is a method to help better secure your Idea Financial account. This additional security comes from having to Approve the sign-ins to your account using a mobile device. This way if a scammer has somehow managed to get your password, they will not be able to access your account, since they will not have your mobile device to approve the sign in.