How It Works
01
Apply
Submit portfolio composition, deployment pace, and recovery history. Typical review takes 5–10 business days.
02
Underwrite
We model your portfolio using case-type outcome distributions, jurisdiction profiles, and expected recovery curves.
03
Draw
Revolving credit line established. Draw capital as cases fund. Repay from settlement proceeds as they land.
Facility Structure
Warehouse facilities at Criterica Capital are designed around the economics of litigation finance — not the conventions of commercial lending.
Repayment is proceeds-linked, not calendar-based. The facility revolves with your deployment cycle. Drawdown triggers match your case funding mechanics exactly.
Facility size
$5M–$100M revolving
Term
12–36 months, extendable
Draw mechanics
Drawdown per case funded
Repayment
Proceeds-linked, not calendar
Collateral
Case portfolio only
Eligibility
12+ months deployment history
How We Underwrite
Every capital decision at Criterica Capital is underwritten against outcomes, not collateral. Our models are trained on 106M+ real court records across US federal courts, state courts, and international jurisdictions.
We assess jurisdiction-level recovery rates, case-type outcome distributions, time-to-resolution curves, and attorney performance history before committing capital. No collateral. No credit check. Outcomes only.
01
Outcome models
23,500+ predictive models across case types and jurisdictions
02
Court record depth
106M+ verified decisions used in model training
03
Jurisdiction calibration
Circuit, district, and state-level recovery benchmarks
04
Recovery modeling
Expected value, settlement range, and duration estimates per case
Discuss a warehouse facility for your fund.
Contact Our Team