The American Bar Association states that lawsuit funding is a good choice for plaintiffs to consider, as long as the funding company they choose is ethical and follows good practices. But finding the best lawsuit funding company can be challenging for many.
Unfortunately, many questionable litigation financing companies exist. But our team is here to help. If you need cash now while fighting for compensation, look no further. We offer our clients risk-free funding that can allow them to cover their expenses quickly.
What Lawsuit Funding Companies Do
Companies funding lawsuits provide money to people fighting a personal injury case. Instead of traditional loans, they provide cash based on the amount your settlement is worth. Think of it like a cash advance service, but without any of the risks associated with them.
Getting funding for your lawsuit is a fantastic alternative to a traditional loan. However, some companies offering financial resources for lawsuits don’t have your best interests at heart. You should avoid these companies at all costs.
Lawsuit Funding Companies Should Cover a Wide Variety of Cases
The best lawsuit funding company can offer you cash for various types of personal injury cases:
- Slip and fall
- Dog bite
- Traffic accident
- Worker’s compensation cases
- Premises liability
- Medical malpractice
- Product liability
As long as you have a case that can receive a settlement, the company you choose should have no issues helping you. But you should be wary of companies looking for certain types of lawsuits or are oddly specific on the type of lawsuit you have.
For a free legal consultation, call (877) 735-0016
Qualities You Should Look for in a Lawsuit Funding Company
You should always look for these key qualities when choosing a lawsuit funding company to help you.
No Interest Rates or Monthly Payments
Lawsuit funding isn’t supposed to be a loan. It’s meant to be a non-recourse source of cash that allows you to pay for your expenses without any additional risk on your end. If a company is offering you financing for your case with absurdly high interest rates and equally high monthly payments, you may want to steer clear of them.
The funding we provide has no hidden fees or interest rates. We also won’t charge you any monthly payments for the money you receive. All you have to do is pay us back when you win your settlement in a lump sum. If you don’t win a settlement for your lawsuit, don’t worry, you won’t have to pay us back for anything.
Upfront, Honest, and Transparent About Pricing
Some litigation financing companies charge fees for application processing and any “office work” they do. You might also discover additional fees associated with “labor” and other itemized services.
You want to avoid companies that tack on a bunch of fees for no reason. If a company isn’t up front about their pricing and intentionally vague, they’re probably not trustworthy. Our goal is to always be honest and transparent with our clients and never charge them money behind their backs.
Follows a Strong Code or Set of Rules
The best lawsuit funding company should adhere to a set of strong ethical principles. For example, we follow the standards and best practices set by the Alliance for Responsible Consumer Legal Funding (ARCLF). We always prioritize our clients’ needs first and never compromise on the quality of our service.
Don’t Let Others Prevent You from Getting Lawsuit Funding
We understand that many other funding companies out there seem untrustworthy. Our team is professional, compassionate, and will always keep you involved in every process. We want to help you overcome financial strain while you seek compensation for your accident.
Lawsuit funding can help you in several different ways. Don’t let your lawsuit end up causing more economic damages to an already difficult situation. With our risk-free funding, you can get cash fast to support yourself and your loved ones while awaiting your settlement.
Apply Today for Free with High Rise Financial
Insurance companies aren’t always on your side and will often try to delay your lawsuit, so you get pressured into settling for less on their terms. With the best lawsuit funding company in your corner, you can dictate the negotiation terms.
Fight back and get the compensation you deserve. Apply for free today on our website or get in touch with us at High Rise Financial to learn more about how we can help you.