Esquire Bank’s financial holding company, Esquire Financial Holding, announced an exclusive partnership with the premier investment bank specializing in the litigation finance market, B.E. Blank and Company. The partnership aims to offer financing to commercial law firms across the U.S. It also leverages Esquire’s digital marketing stack and signature CRM platform to serve the combined clientele of the two companies.
Ben Blank and his team are leaders in the litigation finance market, providing flexible, long-term focused growth capital financing to law firms on a national basis. We believe this exclusive partnership will be transformational in the litigation market, coupling our customer-centric, tech-forward litigation banking platform with BEB's scalable growth capital finance platform. This partnership will allow law firms to pursue financing with industry-leading terms delivered seamlessly through our banking technology."
Andrew C. Sagliocca, the Company's CEO and President
Following the partnership, Esquire will receive an economic interest of 24.9% from the performance allocation that BEB receives due to the partnership. Esquire will also benefit through sharing the economic upside from the partnership without being responsible for any direct credit risk from the investments.
Esquire has been an industry leader and brand name in the litigation market for well over a decade. BEB's and Esquire's mission statements and underwriting are uniquely aligned, providing tailored solutions for law firms using technology as a driver for customer success and growth."
Benjamin E. Blank, Founder and Chief Investment Officer of BEB