Portfolio finance in Michigan.
Portfolio-level capital for Michigan case inventories — revolving facilities, portfolio purchases, NAV lending, and co-investment, underwritten on court records.
Portfolio finance is available to Michigan firms with a defined book of active matters. Criterica Capital structures revolving credit facilities against the firm's case inventory and coordinates with Michigan counsel on the state's professional-responsibility rules. The automotive sector and a high-volume personal injury bar produce inventories with the depth and turnover a revolving facility is built for.
Detroit, Grand Rapids, and Lansing anchor Michigan's legal market. Automotive products liability, no-fault auto litigation, personal injury, environmental (including water-contamination matters), and commercial litigation give firms a high-volume, recurring inventory of no-fault and products claims well suited to portfolio-level underwriting.