What to Consider When Selecting a Lawsuit Funding Company

High Rise Financial, along with many other lawsuit funding companies, offer pre-settlement loan alternatives. When deciding which company to utilize, one should consider various factors including:

  • How quickly the pre-settlement funding or cash will be sent to you for immediate use;
  • Whether the lawsuit funding company charge interest or a flat fee;
  • What would the rate exactly be for your type of case and situation;
  • How closely the lender or pre-settlement funder coordinates with your lawyer;
  • What are the terms and conditions of the lawsuit funding.

After you have done your research, you may find much competition between various lenders and find one that best aligns with your financial and legal interests in the long run. For example, High Rise Financial makes the funds or advance available to you within 24 hours of approval or qualification by our team of underwriters. In addition, High Rise Financial has the resources to provide up to $250,000 if your case merits and value warrant it. High Rise Financial offers flat fee rates in exchange for the cash advance and does not compound interest like most other legal funding companies or lawsuit loan companies do. Click here for a list of the types of personal injury accident lawsuits and claims we offer cash funding for.

Other Considerations for your Lawsuit Loan Alternative

Some lenders and pre-settlement funding companies offer one set interest rate across the board for all cases, regardless of the type. This contrasts with other funding companies who decide the interest rate depending on the strength of your case on a case-by-case basis.

The cooperation between your lawyer or law firm and the pre-settlement funding company will help facilitate your case, the outcome and the speedy processing of your claim or litigation. Often times, a distinguished lawsuit funding company will need to speak or consult with your attorney prior to agreeing to offer funding for your case. Pre-settlement legal funding companies who does not ask for your attorney’s information or seek to consult with them should not be relied upon.

Why High Rise Financial is a Leader in the Lawsuit Funding Industry

Legal funding is imperative when your lawsuit or legal claim is pending and you are dependent on the financial outcome of your case. Typically, personal injury cases involving traumatic or life-changing injuries rely on the cash that comes from their settlement or monetary recovery to survive, recover and pay for piling medical bills and living expenses, especially when the ability to work is lost either temporarily or permanently. High Rise Financial understands that our clients face great financial burdens and obstacles while their case is being litigated or negotiated by their lawyer, which is why we pride ourselves in efficient turn around time, supplying the cash funds to our clients within 24 hours of their application approval for pre-settlement lawsuit funding. Contact High Rise Financial today to apply and see if your case qualifies for our legal cash funding, the popular lawsuit loan alternative.

Pre-Settlement Cash Funding Companies in this Industry

Companies to consider for lawsuit funding or lawsuit financing similar to a loan or cash advance include the following:

High Rise Financial

High Rise Financial funds personal injury cases including automobile accidents, medical malpractice, nursing home negligence, slip and fall accidents, wrongful death cases, dog bites, construction accidents, product liability, workplace injury, defective medical devices and implants as well as under the Jones Act. Based in Los Angeles, California, High Rise Financial offers both pre-settlement lawsuit funding and post-settlement advances as well as surgery funding on a lien basis. The application can be completed over the phone as well as online. With a quick turnaround time, the funding can be advanced to you within 24 hours of your approved application. High Rise Financial offers flat fee rates as well and does not compound interest on our cash funding for your lawsuit.

The Legal Funding Group

The Legal Funding Group offers pre-settlement plaintiff funding in different cases. They state to offer non-recourse funding, when purchasing a portion of your settlement award. They offer a set interest rate every 6 months. Plaintiffs once approved can receive funding within 24 hours as well.

Prime Case Funding

Prime Case Funding offers pre-settlement advances and surgery funding. Based in New York, they work on cases ranging from medical malpractice to false imprisonment. They set interest rates on an individual basis. However, they apply compound interest monthly. They offer cash advances within 24 hours of approval.

Law Cash

Law Cash provides pre-settlement loans, post-settlement funding and surgery funding. Law Cash is based in New York. They offer litigation financing and the application is available online. They offer advances on a non-recourse basis which means unless plaintiffs who are unsuccessful or do not win their case to not need to repay the cash advance.

California Legal Funding

California Legal Funding is a Los Angeles based funding company that funds legal cases based on labor law, premises liability, personal injury, automobile accidents and more. Their website claims they are direct lenders and offer competitive rates.

Momentum Funding

Momentum Funding is a pre-settlement loan company that also offers concierge transportation and funding or advances for medical procedures. Cash funding is offered to applicants who are approved within 24 hours.

Certified Legal Funding

Certified Legal Funding is based in Florida and offers legal funding for pedestrian accidents, slip and falls, wrongful death, product liability and more. They state that credit is not a factor in their evaluation.

Peachtree Financial Solutions

Peachtree Financial Solutions offers pre-settlement loans, structured settlements, annuity payments and lottery payments. Applicants who are approved can receive funding within 48 hours. Interest rates are set on a case by case basis, depending on the strengths and weaknesses of the case.

Nova Legal Funding

Nova Legal Funding is based in Los Angeles, California. They claim to offer plaintiffs of personal injury accidents low interest rates evaluated on a case-by-case basis. They state the cash advances they provide are on a non-recourse basis, which do not need to be repaid if the plaintiff loses his case or is unsuccessful. They provide cash advances within 24 hours to applicants who qualify for legal funding. They do not offer any other type of financial product other than pre-settlement loans.

Mayfield Settlement Funding

Mayfield Settlement Funding is based in Arizona and works with plaintiffs on various types of cases. They also indicate that their clients will pay a moderate interest rate if their case reaches a successful verdict or settles. They also offer applicants a cash advance within 24 hours upon approval.

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