NEW YORK, NY, May 5, 2016- Bryant Park Capital (“BPC”), a leading middle market investment bank with a focus in the specialty finance industry, has published a Pre-Settlement Funding CEO Report – the first report of its kind. The report provides industry sentiment and market data for a niche asset class that has not otherwise been represented by industry statistics.
Approximately $230 million dollars were funded in 2015 by survey respondents. Based on the responses and further industry research, BPC estimates total dollars funded in the Pre-Settlement Industry in 2015 to be $600-700 million. Results to the survey indicate a real opportunity for pre-settlement funders to grow geographically, with 80% of respondents’ business being conducted in only 7 states.
The report outlines key industry statistics, including (but not limited to):
- A CEO Confidence Index in the continued success of the industry (Average is 91.5%)
- Sources of origination, approval rates on applications, geographic focus of fundings, and new products
- Average funding size, duration, and loss rate
- Expectations for the future of the industry, including funding volume, regulatory concerns, areas of opportunity, and availability of capital
If you are interested in the full report, please contact Bryant Park Capital directly.