Esquire Financial Holdings and B.E. Blank & Company Announce Exclusive Partnership For Commercial Law Firm Financing
Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (Company), the financial holding company for Esquire Bank, National Association (Esquire), today announced that the Company has signed an exclusive agreement with B.E. Blank & Company (BEB), a leading investment firm in the litigation finance market, establishing a partnership to provide financing to commercial law firms throughout the United States. Through this partnership, the Company will market Esquire’s and BEB’s products and services to existing and prospective law firms on a nationwide basis by leveraging Esquire’s proprietary CRM platform and digital marketing technology stack. In return, the Company will receive an economic interest with respect to the partnership equal to 24.9% of the performance allocation BEB receives from the partnership.