# RapidFunds

> RapidFunds is a specialist legal-finance company that purchases portions of plaintiffs' attorneys' expected fees after cases have settled but before the money arrives. Founded by former litigators in 2004, the business gives contingency-fee law firms working capital without scheduled repayments or a conventional loan, and says it has completed more than 4,000 transactions and funded more than $336 million nationwide.

- **Founded:** 2004
- **Headquarters:** Katonah, New York, United States
- **Founders:** Peter J. Speziale (President and CEO), Charles S. Brofman (Co-founder)
- **Team size:** 2-10 employees on LinkedIn; supplied company data lists 6 employees
- **Products:** Post-Settlement Legal Fee Acceleration, Case Cost Financing, Selective Lines of Credit
- **Notable:** More than 20 years in business., More than 4,000 transactions completed, according to the company., More than $336 million funded, according to the company's current website.

## Products & services

- **Post-Settlement Legal Fee Acceleration** — RapidFunds purchases an agreed portion of an attorney's expected fee from a settled case and is paid when the underlying settlement proceeds arrive; the transaction is non-recourse if the obligor ultimately does not pay, absent misconduct.
- **Case Cost Financing** — Capital allocated for plaintiffs' attorneys' current and future case expenses; introduced as an expansion beyond the core post-settlement business.
- **Selective Lines of Credit** — Large conventional credit lines offered to a select group of fee-acceleration clients, with traditional loan documentation and repayment obligations.

## Achievements

- More than 20 years in business.
- More than 4,000 transactions completed, according to the company.
- More than $336 million funded, according to the company's current website.
- Arranged a term facility of up to $70 million in 2019.
- Closed a $35 million senior secured credit facility in 2023.
- Reported individual fee-acceleration transactions above $3 million and a service range up to $20 million, with larger deals considered.

## Latest updates

- **2026-07** — Published guidance for attorneys on surviving the gap between settlement and payment.
- **2026-06** — Published analysis of mass arbitration and of managing the post-settlement payment gap.
- **2026-02** — Published a guide to the operational, staffing and growth costs of delayed settlement payments.
- **2025-03** — Published an A-to-Z explanation of eligibility, diligence, transaction structure and funding speed.
- **2024-07** — Disclosed a recent $1 million advance to an Arizona firm after a construction-defect settlement.

## Links

- Website: https://rapidfunds.com
- LinkedIn: https://www.linkedin.com/company/rapidfunds/
- Twitter/X: https://twitter.com/rapidfundsllc
- Facebook: https://facebook.com/RapidFundsAttorneyFinance/

---

Profile page: https://yespress.io/rapidfunds
Published by YesPress — https://yespress.io
Last updated: 2026-08-21