How Does Pre-Settlement Funding Work?
Pre-settlement funding gives a plaintiff a cash advance against an expected settlement or judgment while their lawsuit is still pending. A funding company reviews the strength of your case, advances a portion of its likely value, and is repaid from the eventual settlement — but only if you win. If your case does not succeed, […]
How Much Does Pre-Settlement Funding Cost?
Pre-settlement funding can cost more than a traditional loan because the funder is only repaid if you win your case, so the lender is carrying a much greater risk than traditional loans. Costs are charged as a periodic rate — often a few percent per month — that accrues over the life of your case. […]