Company seeks strategic institutional capital partners to accelerate growth of its specialty finance platform.
JERSEY CITY, N.J., Aug. 24, 2026 /PRNewswire/ — LB Capital (“LBC”), a national specialty finance company focused on pre-settlement litigation funding, today announced plans to launch a $30 million institutional capital raise designed to expand its funding portfolio, increase origination capacity, and support the next phase of long-term growth.
The planned financing follows a strong first half of 2026 during which the company reported year-over-year origination growth, positive equity returns, and a strengthened balance sheet following a $500,000 equity contribution from Founder and CEO Dr. Peter Caravella.
“Our objective is to establish a long-term institutional capital relationship that supports disciplined portfolio expansion while delivering attractive risk-adjusted returns,” said Dr. Peter Caravella. “We have built a scalable origination platform, strengthened our capital base, and demonstrated consistent operating performance.”
LB Capital originates funding opportunities through its long-standing relationship with Legal-Bay Funding, one of the nation’s established lawsuit funding originators. Together, the companies have spent more than twelve years developing a proprietary origination platform serving plaintiffs across the United States.
Chris Janish, CEO of Legal-Bay Funding, added, “With additional institutional capital, we believe our marketing initiatives can produce 30% origination sales growth over the next 3 years, which will increase market share and accelerate growth plans starting in 2027.”
The company is preparing a comprehensive institutional investment package, including an executive summary, financial information, portfolio performance overview, and investor presentation for qualified institutional investors. Management expects to begin discussions with investment banks, private credit funds, family offices, and strategic financing partners during September.
Management anticipates completing a financing transaction later in 2026, providing capital to expand funding capacity, invest in technology and origination infrastructure, and support future growth.
About LB Capital
LB Capital is a specialty finance company providing pre-settlement litigation funding nationwide through disciplined underwriting and proprietary sourcing. For more information, visit www.LBCFund.com.
About Legal-Bay Funding
Legal-Bay Funding is a national lawsuit funding originator serving plaintiffs and attorneys throughout the United States. Their pre settlement funding, lawsuit funding, legal funding, loans on lawsuits, loans on lawsuit, and loan on lawsuit programs help qualified plaintiffs access immediate financial resources while allowing their attorneys the time necessary to pursue fair settlements rather than accepting premature offers driven by financial necessity. For more information, visit www.Legal-Bay.com.
Media Contact
LB Capital – Investor Relations
Jim Alamia, COO
Email: Jim@LBCFund.com
Phone: 973.857.1000
Website: www.LBCFund.com
Contact:
Chris Janish, CEO
Email: info@Legal Bay.com
Ph.: 877.571.0405
Website: www.Legal Bay.com
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SOURCE Legal-Bay LLC
