Have you been injured in an accident and need cash now? Bridgeway Legal Funding offers lawsuit funding to those who cannot afford to wait a year or more for their lawsuit settlement. Unfortunately for many people injured in accidents, they are forced to miss work and cannot afford to miss a paycheck. Lawsuit Funding, also known as a "Lawsuit Loan", is a cash advance on your lawsuit and only needs to be repaid if you win your case!
What is Lawsuit Funding?
Lawsuit Funding is often called a "Lawsuit Loan" but it is not actually a loan. Lawsuit Funding is actually a non-recourse advance on the expected settlement of your injury lawsuit. "Non-recourse" means the money you receive only needs to be repaid from your settlement. Since lawsuit funding is not actually a loan, there is no requirement of a credit or background check. There are no up-front costs or fees and money you receive only needs to be repaid if you win your case!
How do I receive Lawsuit Funding?
The application is quick and easy, most applicants can receive funding in as little as 24 hours! Apply today either on our website or by telephone to (800) 531-4066. Once you apply, our team with with a brief telephone conversation with you on how your accident took place and the injuries you were caused. Next, we will request the associated documents on your case from you law office. Once we receive the information on your case, we can let you know how much of an advance we can offer you.
Once approved, you will be forwarded a contract to sign and return. After the contract is returned, your money can be sent to you the same day! The best thing about pre-settlement funding is that the money you receive only needs to be paid back in you win your case. If you do not receive a settlement, you can keep the money you were loaned.
Pre-Settlement Funding is available for:
-Slips & Falls -Settled Cases
-Jones Act (Martine Law) -And more!
Why use Bridgeway?
Unlike most all other funders in the lawsuit loan industry, Bridgeway offers funding at a non-compounding rate. A compounding rate is one that will continue to increase at a higher amount the longer your case goes. A non-compounding rate is one rate remains the same through-out, or continues on a “straight-line”.
For example, a client who received a $5,000 advance from Bridgeway and repaid it after 18 months would save 20% or roughly $1,700 in costs compared to a funder who is charging compounding interest!
Bridgeway can offer Pre-Settlement Funding in:
Alaska, Arizona, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Vermont,Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia (D.C.)