Capital for the businesses that originate legal assets.
Criterica Capital provides growth capital, recapitalization, a control or majority partner, succession and buyout, and forward-flow take-out to pre-settlement funders, lien companies, law-firm lenders, servicers and specialty-finance platforms. A written read of your asset base comes first.
Originating is capital-hungry and the book is slow to pay.
An originator funds today and collects when cases resolve. Growth, a change of ownership or an exit all depend on someone being able to read the book. We read it from the record and say what it supports.
Six ways to fund or transition an originator.
Growth capital against the book
Capital sized on the book’s duration and collection profile, for origination growth.
Recapitalization
Replace or reset the capital structure behind a book that has outgrown it.
A majority or control partner
For owners who want to scale with a partner or step back while the business continues.
Succession and buyout
A path for founders and partners to exit, with the book valued from the record.
Forward-flow take-out
We buy the advances or liens you originate on an ongoing basis, so capacity does not cap your volume.
Sell a portfolio →Warehouse and NAV lines
Facilities secured by the portfolio, with the funder keeping decisions on its cases.
Fund capital →A written read of the asset base.
Before any discussion of structure or capital, you see what the book supports.
The book read
We read the book’s duration and collection profile from your tape and the record behind it, and state what it supports. You receive it in writing and can stop there.
Talk to us about your businessFrom first conversation to capital.
- STEP 1Tell us about the businessWhat you originate, how it is funded today, and what you want to change.
- STEP 2Send the bookThe tape, the originations record and the servicing summary.
- STEP 3Written readDuration, collection and what the asset base supports.
- STEP 4Structure in writingCapital, a partner, or a buyer, with terms set out before anything is signed.
Four items start the read.
Send what you have. We tell you what else is needed.
Talk to us about your business.
Questions
Yes. Criterica Capital can take a minority, a majority or a control position, depending on what the owners want and what the business supports.
Yes, where the owners want to sell and the book supports it. Many owners prefer a partner and a staged exit, and we structure for either.
We deal with each business on its own file and keep each file confidential. We do not share one originator’s information with another.
From the book and the originations record, read matter by matter. We do not quote a multiple on a page, because the book decides the value.
Yes. Your tape and your business details go to the people working the file and no one else. Confidentiality terms can be signed before you send the book.
A written read follows a complete tape within days. Structure and terms follow the read, and timing depends on what you choose.