The Funding Exchange, formed in 2005 by attorneys Brian Garelli and William Pintas, addresses the growing problem of double pre-settlement fundings for the same case (or client). This problem arises when an injury client applies for multiple pre-settlement loans from different funding companies. The Funding Exchange solves this problem for all participating companies.
As CEO and President of Preferred Capital Funding, attorneys Pintas and Garelli also saw the need for funding companies to have access to the following services:
- A “market” to sell their portfolios.
- Access to portfolio run-off services for funding companies or their creditors.
- Funding companies seeking partner companies to participate on large fundings.
- An easy approach to selling their companies.
Attorney Brian Garell is the President and founder of Preferred Capital Funding (PCF). Mr. Garelli founded PCF (formerly PCL) in 1998 as the first pre-settlement company in Illinois. He oversees all aspects of the company’s operations including its attorney relationship program which accounts for 75% of their recurring business. Under Mr. Garelli’s direction, PCF has grown to become one of the top three largest pre-settlement companies in the country.
Mr. Garelli also has over twenty-five years of litigation experience representing both publicly traded and closely held companies in all types of commercial litigation. Mr. Garelli began practicing law in 1990 at the law firm of Lord, Bissell & Brook, and was elected to partnership prior to his departure in 1999. He graduated with high honors from IIT-Chicago Kent College of Law, where he was a member of the Law Review and the Order of the Coif.
Attorney William Pintas is CEO and co-owner of Preferred Capital Funding. Mr. Pintas’ primary roll with PCF is spearheading strategic opportunities, marketing initiatives and software system development.
Mr. Pintas has been practicing law for over 30 years in the area of personal injury, asbestos and mass tort litigation. His firm, Pintas & Mullins, currently represents clients in over 35 states.
Mr. Pintas obtained a business degree from the University of Miami, Miami Florida in 1981 and graduated from Thomas M. Cooley Law School, Lansing Michigan in 1984.