Momentum Funding is located in Florida and offers medical funding, plaintiff funding, and transportation services funding. They fund auto accidents, product liability, FELA, employment law, workers’ compensation, mass torts, and more. There are many exclusions for locations they will provide funding to, and ironically, they do not fund workers’ compensation cases in their home state of Florida.
They claim they can fund any amount of money, and there is no information on their advance range. They claim to make decisions within 24 hours of getting information from your lawyer, but the time frame varies.
What Do Clients Say About Momentum Funding?
On the BBB website, Momentum Funding has a 3-star rating, with many unhappy customers complaining of rudeness and lack of communication. One client complained they were trying to pay their loan off early and Momentum refused to answer their calls.
They have a four-star rating on Google and are a BBB-accredited business. The BBB reviews garner a three-star rating, and they have had one BBB complaint within the last three years. Their approval speeds seem to be the common trend for their review ratings, and there are no yelp reviews.
Why Should I Use Pre-Settlement Funding?
Before deciding on a legal funding company, you must determine why you want pre-settlement funding. If your case has many delays and you cannot work, you need to find alternative sources of income.
Legal funding is no-risk, and it is a portion of the settlement you are set to receive in the future. It allows you to wait for the right settlement for your case, not a lower settlement.
Does High Rise Financial Charge Application Fees?
No, the application process is free, and there is no case too small or big for us to offer to fund. If you are ready for an application, give us a call or apply online.
Pre-settlement funding works where we only get reimbursement for your funding through your attorney when they win your case. If they lose, you do not pay us a dime.
Is it True You Don’t Need a Credit or Background Check?
High Rise Financial doesn’t check your credit, tax returns, or financial records. We base your decision on your case and the documents pertaining to your pending legal claim. We will also discuss your case with your lawyer for further insight on what to expect and determine the best pre-settlement funding offer for you.
Do I Pay You if I Lose My Case?
If your case carries on and the outcome is unfavorable, you owe High Rise Financial nothing. We assume all the risks when we offer you a loan, including not getting paid. You keep the funds, and we leave you alone once your attorney confirms the outcome.
Are Funds Available in 24 Hours?
Yes, we will disburse funds within 24 hours of finishing your application. The caveat is that you will get your funds depending on the payout option. If you opt for a paper check, you will experience a delay, but electronic transfers typically clear the same day or by the next business day.
Remember, the 24 hours start once you complete your funding application, not from when you start it.
Does High Rise Financial Cover All Personal Injury Cases?
We handle a plethora of personal injury cases, from auto accidents and medical malpractice to product and premises liability. If you suffer an injury and have legal representation, you likely have the opportunity to get pre-settlement funding. You will need legal representation to get legal funding from any company.
An attorney offers reassurance and helps with risk assessment for your funding.
Is It Normal for a Legal Funding Company to Ask for Monthly Payments?
No. If the legal funding company asks you for monthly payments, you should run for the hills. The contingency with pre-settlement funding and other legal issues is no one receives compensation until the case is resolved.
If the funding company is asking for monthly payments, they are untrustworthy. Your contract will state how repayment works, and your attorney will pay us. The only exception is if you wish to pay your loan or legal fund off early, then we can work out an arrangement.
Does High Rise Financial Offer a Dedicated Case Manager?
While some funding companies will have everyone working on your funding application, we assign one dedicated representative to you. They will familiarize themselves with your case, and your attorney and are available to answer your questions.
When you call us, you will not be transferred to many customer service reps who have never heard your name or seen your case file. You have one person you will work with for your entire case length until your balance is clear. Having one person handling your account also ensures privacy.
What if I Need Post-Settlement Funding?
Even after your case is resolved, you can still wait months before you get your payment. Lawsuits with large settlements or class actions tend to take years before the plaintiffs can obtain funds. You believe that signing the agreement means you will get your money fast, but the defendant has other plans up their sleeve.
They are unhappy they have to pay you and will find ways to delay. You can become desperate but don’t because you have options. You can apply for post-settlement funding to ensure you get paid while they keep delaying.
High Rise Financial is ready to help clients at any point in their case.
Why Should I Choose High Rise Financial?
At High Rise, we have a team of representatives who will walk you through the legal funding process and offer different options for your case. We understand that financial burdens can lead to you taking a lower settlement.
Do not let the defendants win by giving you less than you deserve. Fight for justice and alleviate your financial burden with legal funding. Many legal funding companies are out there, but our clients highly rate High Rise Financial online.
Start your application today.