What is pre-settlement funding?

Pre-settlement funding is a cash advance for an individual that has a pending personal injury lawsuit.


If you have been injured in an accident caused by someone else, have an attorney representing you and need cash now, a pre-settlement funding advance may be the solution. Most applicants need cash quickly to cover daily living expenses, a rent or mortgage payment, a car payment or have other emergency cash needs because of the accident.


Unfortunately lawsuits take longer than anyone would like; the legal process is slow and the court system is backed up. The average civil law suit takes approximately 18 months to complete. The defendant’s insurance company may be liable to pay for your medical expenses, lost wages and pain and suffering, but insurance companies have no incentive to pay you quickly. Insurance companies have every incentive to delay, deny and defend your claim.  The longer they take to pay you the longer their premiums are collecting investment income and the more pressure they put on you to settle for less.  Many plaintiffs need money now because they are out of work and need cash to cover vital living expenses. In many cases, it is part of the insurance company’s strategy to drag the case out, forcing you to accept a low-ball offer because you cannot afford to wait.

The insurance company holds all of the cards; they have unlimited amounts of financial resources, numerous attorneys and abundant time to fight your case. Pre-settlement funding can help you level the playing field against insurance companies by giving you the financial resources you need to hold out for full value of the settlement you deserve.