What is a personal injury loan?
A personal injury loan is simply a no-risk / risk-free cash advance on a pending or settled injury case, where the client has Not yet received the money from his or her case. A personal injury loan is not technically a loan since there is no credit check, no monthly payments, and no obligation to pay back the cash advance if there is no settlement, award, or verdict. The monetary advance can be used for any purpose. We have no restrictions whatsoever on how you use the money. The term "loan" and "loans" as used throughout this site is used to described legal funding or settlement funding financial products available to injury accident victims and lawsuit plaintiffs who are represented by legal counsel.
How can your funding help me?
A loan on your personal injury case can help you pay your bills, expenses, medical treatment, and surgery. Our financial products are designed to help you stay afloat financially while you are waiting for your case to settle. Lawsuit funding can also help you to secure a larger settlement because you are not force to take a low-ball settlement due to financial hardship and cash flow problems.
Do I need good credit?
No, you do not need to have good credit. We are not concerned with your credit profile or credit history. Good credit, bad credit, no credit...It does not matter to us and we do not take that into account when determining if you are eligible or approved for personal injury funding or workers' compensation cash advance.
Do I make monthly payments?
No, you Do Not make any payments. This is a not a loan. This is a non-recourse cash advance on a possible settlement. The advance is paid back by your attorney if and when the case settles.
What is the rate?
We offer very competitive rates. We are honest with and fully disclose our rates, unlike most pre-settlement funding companies. For most cases, the lawsuit funding usage rate is between 2.5% to 3.25% monthly. Once we review your case, we will tell you Exactly how much money you qualify and the Specific usage rate. We pledge to be straightforward and give you the respect that you deserve.
Is this a loan?
No this is not a loan. This is a risk-free cash advance. This is not a loan because there is No credit check, No job requirements, No monthly payments, and No obligation to pay back the money if you do not win or settle your case. If you lose or do not settle, you get to keep the money that was advanced to you. It's that simple.
How much can I borrow?
You can borrow as much money as you need to stay afloat or to pay for your medical treatment. Simply tell us how much you need in your application and we will do the rest.
What is the Minimum amount I can borrow?
The minimum amount we advance is $1,000.
What is the Most I can borrow?
We can advance funds up to $250,000, if the case warrants that amount. We have to resources to advance as Much as the case calls for. In other words, if your case has significant value and the responsible party has sufficient insurance coverage, or if the defendant is a major corporation, we can provide as much funding as is requested and needed.
What if I lose my case?
Nothing happens. If you lose your case or do not get a monetary settlement, award, verdict, you can keep the money. There is no obligation pay back the advance if you do not secure any money through settlement, verdict, or award.
How long does this take?
The total time can be a few hours to 1 business day. We have the resources to quickly underwrite your case and get the money out same day. But please keep in mind that the actual time this will take primarily depends on the availability and cooperation of your law firm. The sooner your law firm send us the requested information, the sooner we can review your case and get you approved.
How does this work?
Unlike a loan from a bank, funding on an injury case is pretty easy. We make the process hassle-free. To get started, simply call us at 1-888-715-8701 or apply online. As soon as we get your application for injury funding, we will contact your law firm to gather some additional information on your case. After we get the requested information from your law firm, we can then determine the amount of funding you are eligible. If you want to move ahead, we will send the funding contract to you and your attorney to review and sign. When you send back the fully signed contract, the cash will be sent to you.
Do I need to have a lawyer?
Yes, you must have an injury attorney representing you to be eligible, and to apply, for our settlement cash advance programs.
How soon can I get the money?
The money can be sent to you as soon as we get back the fully signed contract. The funds will be sent to you by FedEx overnight delivery or to your bank checking account. You will simply indicate your preference on the payment instruction page in the funding contract.
Is my attorney's cooperation required?
Yes, your attorney's cooperation in this matter is necessary.