See how funding can work for you

Our litigation funding process for claimants

Have a dispute Have a dispute
Contact us Contact us
Quote and application Quote and
Funds provided Funds
Dispute resolved Dispute

How does litigation funding work?

The use of someone else’s money to fund an asset is as old as business itself.

At Augusta, we believe that your claim is an asset, and we are prepared to provide funding to you and use the claim as the collateral for that funding. In return for doing this, and provided that the claim is successful, we will receive our funds back together with a success fee.

Augusta’s loans are non-recourse – if the claim is not successful you do not repay the funds.

Qualifying for our litigation funding is no different to how a business would qualify for any other loan. You contact us and we will provide a term sheet for the funding. If you are happy with this, we help complete the application which, in effect, is a review of the asset (the claim), and then, if approved, we advance the funds.

Why use our litigation funding?

People use funding for litigation when they don’t have the funds to pursue their claim, have the funds but would rather use the cash for other purposes, or they are looking to share or remove the risks associated with the claim.

The essence of litigation funding, however, is to protect yourself against a loss. For example you could:

Pay legal fees of £150,000 yourself to try and recover £400,000 of damages. If you lose, you have spent the £150,000 plus you will be the other sides cost of, say, £100,000. Your potential loss is £250,000; or

Use litigation funding (in exchange for a success fee) to pay the legal fees of £150,000 to try and recover £400,000. If you lose, you pay the other sides costs and you don’t have to repay the funder. Your potential loss is nil.

Unfamiliar with litigation funding? Augusta provide a useful introduction in the video on the right.


Latest News

It was particularly important for us to work with a funder who would allow us to get on with the job, without interfering in the management of a case. Augusta made the whole process as straightforward and lawyer friendly as possible.

Douglas Skilton, Partner,
Thomson Snell & Passmore LLP's Dispute Resolution Team

Class Action Against AMP

16/05/2018 | admin

Augusta Ventures Australia is very excited to be involved with Shine Lawyers in pursuing a class action against AMP following revelations uncovered by the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. Read more: Please call us to discuss funding your commercial (including class actions) and insolvency claims:…

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Augusta Australia Turns One!

08/05/2018 | admin

Our key highlights include: Committing $12 million to Australian claims, with a strong case pipeline; forming strong working relationships with litigation lawyers and insolvency practitioners; unique product differentiators: Deployment of funding in tranches into lawyers’ trust accounts (facilitates prompt invoice payment); our hands-off approach once the case has been approved…

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