Terms
Pre-settlement funding can seem expensive - it is non-recourse, meaning if your
case does not settle, then you do not pay it back - the risk is on us. This means - ask only for what you need,
not for what you want. Rates have come down - in the past, it has cost up to 15% per month (not
from us), but we can now offer a much better and lower rate.
Right now we can offer competitively low rates (closer to the range of
2-6%) for cases that are settling in the future, usually within a year or so.
OPTIONS ON TERMS - Funding terms may change from time to time (though nothing will change on your
funding advance once you sign a contract), so the following are just examples of
terms that have been out there, in order to give you an idea of what to expect. We always try to keep your costs
and repayments as low as possible (it's also case dependent). Funders keep changing the rates and terms
to keep up with economics and industry rates - so this is not a hard, set guideline - it is meant to give you
general information so you can know what you are getting into, and you can push for fair terms.
Remember the below scenarios are only examples of what you might expect - this could be different depending on
the details of your case.
=> For an funding on a settled case, a flat $2000-$2500 per $10,000 you seek - could go lower for higher requests, and
terms may be different for amounts less than $10,000 requested. Funding can often be immediate - same day or in 24 hours of when
the paperwork is in.
=> For a pre-settlement advance, maximum 10-15% of the amount to be funded, plus a variable fee (depending on how much
you want advanced and how solid your case is - could be in the range of $500 plus or minus), and then 2-6%
compounded monthly until settlement is paid. May have minimum term of months to pay back.
=> Each case is looked at on a one by one basis. We can offer very low rates in certain cases, but the
terms will be set with each case as it gets to our underwriters. You'll know before you have to decide to take the
advance or not.
=> On particularly difficult to fund cases, the terms may be different and rates may be higher, so
you need to decide if this process is worth it to you.
=> There may be some exceptions to the above scenarios, but we need to
see your case in detail to know what we can absolutely quote you. Certain funders
work with certain types of cases - we can't promise you one rate over another - we
can only promise to try to keep it as low as possible. You will know as the process
goes on, and before you sign any contract.
=> CASES WE CAN FUND ON (if case qualifies) include
Most Types of Lawsuits:
- auto accidents - insurance settlement
- certain class action lawsuits
- pre-settlement litigation
- city, county and state settlements
- insurance company settlements
- wrongful death
- certain workman's comp
- medical malpractice
- construction accidents and negligence
- commercial litigation
- certain slip, trip & fall
- structured settlements or annuities
- attorney loans
- life insurance settlements
- privately held mortgages and notes
- and more.
We look at most types of lawsuits as long as they are not
against individuals. If you are waiting for your insurance payment, we can often
advance funds to you.
See Our Restrictions
Call 303-220-5679 or Email
to have us evaluate your case.