Harbour backs meritorious claims without stipulating a minimum claim value. For claims below £20 million, a ratio of ‘claim value’ to ‘funding needs’ of at least 10/1 is a useful indicator of our funding being a viable option. We will review:
The ability of the defendant(s) to pay.
Will the defendant have the assets to pay the damages and can these be located?
The merits of the case.
We only back cases we believe can be won.
The costs and how realistic they are.
We do not require lawyers to work on a CFA but an assessment of all costs including own-side costs and adverse costs is needed.
The case team's legal experience in the relevant area of law.
"Yes" to the above criteria means you should be talking to Harbour. Our investment team comprises experienced litigators who can review the case information swiftly and efficiently. They will set out the next steps to receiving funding and agree a time table. You have more questions? The FAQ section will provide additional answers.