How Pre-settlement Funding Works: Your Guide to Receiving Compensation Quickly After an Accident

Have you been injured in an accident and can’t afford to wait the six to eight months it might take before your case settles?

If so, you are probably wondering what your best course of action that ensures you receive this compensation as quickly as possible.

We offer pre-settlement funding, allowing you to receive the money you need immediately without waiting until your settlement or case has concluded.

But what exactly is pre-settlement funding?

How does it work?

And how can it speed up the settlement process, helping you receive compensation as quickly as possible?

With this guide, you’ll get answers to all these questions and more about pre-settlement funding so you can choose whether or not it’s suitable for your situation.

What is pre-settlement funding?

Pre-settlement funding is a type of cash advance that allows plaintiffs to receive money before their case settles.

This can be beneficial for several reasons.

First, it can help with financial obligations that may have arisen due to the accident, such as medical bills or lost wages.

Second, it can provide peace of mind during difficult and stressful times.

Finally, it can give you the resources you need to hire the best possible legal representation.

How do pre-settlement loans works, exactly?

If you’ve been injured in an accident and are waiting for a settlement from the responsible party’s insurance company, you may wonder how pre-settlement funding works.

Essentially, pre-settlement loans allow you to receive a portion of your expected settlement now rather than waiting for the insurance company to come through.

This can be especially helpful if you’re struggling to make ends meet after being out of work due to your injuries.

The other benefit is that you don’t have to worry about incurring interest charges while waiting for your settlement.

The cost of receiving pre-settlement funding varies based on several factors, including the total amount needed, the source of funds used (bank or private lender), and whether or not collateral is needed as part of the agreement.

The best way to get started with this process is by filling out our free consultation form and answering some basic questions about yourself and your injury.

Why do people choose pre-settlement funding over lawsuits and insurance settlements?

There are a few reasons why people might choose pre-settlement funding over a lawsuit or insurance settlement.

  • Pre-settlement funding can provide people with money much sooner than either of those options.
  • It can allow people to hold out for a larger settlement since they don’t have to worry about immediate financial needs.
  • It can help people who are struggling to pay their bills and need extra help.
  • Pre-settlement funding can cover expenses related to the accident, like medical bills or car repairs.
  • It can give people peace of mind knowing they have some financial support while their case is pending.
  • It can help alleviate the stress of dealing with a lawsuit or insurance claim.

Get A Pre-settlement Funding Quote

If you are already in a lawsuit, then we can offer you lawsuit funding without any hassle.
CALL: 800-961-8924