Litigation funding, or pre-settlement funding, is not a traditional loan. It is a non-recourse cash advance provided in exchange for a portion of your potential future settlement. Good credit is not a requirement and will not impact your credit score. To learn more, contact Mustang Funding today. Located in Wayzata, MN, we offer ethical institutional litigation funding to support justice. With personnel having 100+ years of combined investment experience and 50+ years in litigation finance, we’ve empowered 5,000+ civil litigants and 800 law firms.
How Litigation Funding Helps Plaintiffs
Pre-settlement funding has helped plaintiffs receive much-needed cash without impacting their credit scores while waiting for their cases to move through the legal system.
Even though many people use the term “lawsuit loan” to describe pre-settlement funding, it is inaccurate. Pre-settlement lawsuit funding, as noted, is a non-recourse cash advance. In essence, we assume the risk. You receive funds upfront, and if your case is successful, we collect an agreed-upon share of your settlement.
Further, the application process is quick and has no hidden fees. At Mustang Funding, our internal team evaluates the strength of your claim and determines an appropriate monetary figure. After consulting with your attorney, we will base our final decision on whether we believe you will win compensation and how much you are likely to receive. If you have provided complete contact information for your attorney, we could have an answer for you in as little as 24 hours.
The more you learn about how pre-settlement lawsuit funding works, the better equipped you will be to make smart choices about your future.
The Benefits of Pre-Settlement Funding
While obtaining pre-settlement funding does not directly impact your credit score, it provides immediate financial relief that allows you to pay down existing debts. Using those funds to catch up on overdue credit card payments or other past-due accounts can have a positive effect on your credit score over time.
Other benefits include:
- Quick access to cash to pay your mortgage, your children’s tuition, groceries, utility bills, and other necessities.
- No upfront fees or monthly payments.
- Does not require an employment check: We approve applications solely based on the strength of your legal claim, not your job history.
- Financial stability as you wait for your personal injury case (or other legal claim) to wind its way through the legal system.
In short, pre-settlement funding can give you the breathing room you need so your lawyer can continue to negotiate the best possible settlement for you.
Read our Ultimate Guide to Pre-Settlement Funding to learn more about this funding option and what it can do for you.
Contact Mustang Funding Today
Mustang Litigation Funding provides best-in-class capital solutions for law firms, plaintiffs, litigation vendors, and other legal assets. Contact us today to learn more about pre-settlement funding. We’d love to hear from you.
About Mustang Funding
Mustang Funding, founded in 2018 and based in Wayzata, MN, is a litigation finance company dedicated to empowering individuals and law firms nationwide with transparent and innovative financial solutions. With over $170 million funded, 10,000+ checks issued, and more than 3,000 cases financed, Mustang provides plaintiff pre-settlement funding, law firm financing, and commercial funding to meet diverse client needs. Their commitment to transparency, integrity, and expertise sets them apart, offering tailored financial support to plaintiffs, businesses, and legal professionals. By bridging capital gaps and fostering access to justice, Mustang Funding continues to lead the legal asset investment industry with a strategic, inclusive, and forward-thinking approach.
