Lawfinance Limited (ASX:LAW)
Lawfinance Limited is an Australia-based diversified provider of financing solutions for legal industry in Australia and the United States. The Company's segments are Medical Lien Funding and Disbursement Funding. The Company through its National Health Finance Holdco, LLC operates a medical lien funding business in the United States. It purchases a lien or obtains a letter of protection over medical receivables associated with personal injury cases from healthcare providers and hospitals. It provides a funding solution for the victim of a motor vehicle accident by facilitating access to medical care. The Disbursement funding division operates in Australia and is referred to as JustKapital Finance. JustKapital Finance provides finance to law firms to fund the legal disbursements required to progress the claims of their clients and which the client generally cannot fund themselves.