Pre-settlement funding, also known as a lawsuit loan, is a cash advance made to plaintiffs in personal injury lawsuits.
The funding is based on the expected future settlement of the case.
If you are considering pre-settlement funding, here are five benefits to keep in mind:
1. You don’t have to wait for your case to settle to get the money you need.
2. Pre-settlement funding can help you pay for essential living expenses, like rent or mortgage payments, while you wait for your case to settle.
3. The funding is completely risk-free – you only have to repay the loan if and when you win your case.
4. Pre-settlement funding can give you the financial resources you need to hire the best possible legal representation for your case.
5. If your case is taking longer than expected to settle, pre-settlement funding can provide much-needed financial relief.
Need cash advance now, apply for pre-settlement funding with ECO.