Our approach
Key advantages of Woodville’s loan process
A loan period of up to 12 months
A fixed simple monthly interest
The loan is secured on a ATE (After The Event) insurance policy
In the event that the case is lost or discontinued, the loan is repaid
Upon case settlement, the loan is fully repaid prior to client receipt
We lend only to SRA (Solicitors Regulation Authority) regulated law firms
Woodville’s solution is unique. Unlike other funders, we do not charge the claimant by sharing in their compensation.
Instead, we charge the law firms a monthly fee. This keeps costs down for both the law firm, and the claimant.
Secondly, we only fund claims secured on ATE policies. This means, we always recover our capital. Other funders are dependant on the case being successful to repay investors, carrying much more risk.
Finally, we only fund claims backed by well capitalised banks and insurance companies, reducing the risk of non payment from individual lawsuits.