What Is Pre-Settlement Funding?
Pre-settlement funding, also called lawsuit funding or litigation funding, is a cash advance against the expected proceeds of your personal injury settlement. Unlike a traditional loan, pre-settlement funding is non-recourse — meaning if you lose your case, you owe nothing.
How Does the Process Work?
The process is straightforward. First, you apply with Rapid Legal Funding by providing basic information about your case. Our team reviews your application and contacts your attorney to evaluate the strength of your case. If approved, funds are transferred to you in as little as 24 hours.
Who Qualifies?
To qualify for pre-settlement funding, you generally need: a pending personal injury lawsuit, an attorney representing you on a contingency fee basis, and a case with a reasonable likelihood of settlement or judgment in your favor.