Pre-settlement financing puts money in your pocket before your case is settled. And because the money is repaid from your settlement, you can get it now, with no risk, no out-of-pocket costs, and your credit score is not a factor.
When you’ve been injured in a car accident, it can be difficult to make ends meet while you're off work and wait for your settlement money. You don’t have to struggle to pay bills — take control today and find peace of mind with help from Advantage.
We can help you access part of your settlement faster in a few simple steps.
Use our online form or call toll-free anytime to get started. There’s no cost, and the application takes only three minutes.
Receive application approval in as little as 24 hours. Your credit score is not a factor.
Review and return your signed agreement and get your money in as little as 24 hours.
Advantage Lending provides financial support when you need it most, funding a variety of personal injury case types.
Advantage Lending understands that bills don’t wait — and cases don’t settle quickly. We’ll work to get you a cash advance now, allowing your attorney more time to fight for the full value of
There is a lot of terminology used in referring to pre-settlement and personal injury cases. The below glossary of terms and phrases is meant to provide some clarification around what each means and how they relate to the products and services offered by Advantage Lending.
A civil complaint filed by someone injured as the result of an unexpected event caused by another person’s negligence. The injured party (plaintiff) files the suit in order to obtain compensation for injuries sustained.
Financial relief in the form of a loan available to some plaintiffs in civil lawsuits (usually in personal injury cases) to help them make ends meet and cover medical expenses while their cases are pending. Also known as personal injury loans and personal injury lawsuit loans. Pre-settlement funding from Advantage Lending is not provided as a loan in most states. However, Advantage Lending is regulated as a lender in some states. It provides you a portion of your pending personal injury settlement now to help with covering regular expenses while you wait. The money is paid back from your settlement along with any fees and charges, and if you lose your case you are under no obligation to pay Advantage Lending back.
Financial relief in the form of an advance (i.e. a loan) available to some plaintiffs (usually in personal injury cases). In this type of arrangements, funding companies assess the strength of a plaintiff’s case to determine its worth and chances of successful resolution. If the plaintiff has a strong case, the company will provide a cash advance against the pending settlement. The amount advanced plus any applicable fees/charges is deducted from the settlement when the case is resolved. Also known as: lawsuit settlement funding, lawsuits loans, legal funding, legal funding loans, and legal loans, or loans for lawsuits. Pre-settlement funding from Advantage is not a cash advance or loan but provides cash in advance of the pending settlement from your lawsuit. The cash is paid back from your settlement plus any fees or charges. Should you lose your case, you are not required to pay Advantage Lending back, ever.
Financial services, such as the provision of lawsuit funding and variations thereof, provided to plaintiffs involved in civil litigation in certain circumstances.
One form of financial relief available to plaintiffs in civil lawsuits while their cases are pending. It is similar to a lawsuit cash advance. Also known as: pre-lawsuit loans, pre-settlement funding loans, Pre-settlement lawsuit funding, and pre settlement loans. While pre-settlement funding is sometimes referred to as a loan (i.e. pre-settlement loan, pre-settlement lawsuit loan, etc.) it is actually a way for a plaintiff to receive a portion of their pending settlement now while they wait. The money is paid back from their settlement and if they should lose, a plaintiff is under no obligation to pay the money back. Please note, due to regulation Advantage Lending does operate as a loan in some states.
Another form of financial relief available to plaintiffs in personal injury and similar cases while they are awaiting compensation upon the successful resolution of their case. The proceeds may be used to meet routine financial obligations or cover medical expenses. The amount advanced against the settlement is deducted from the settlement, along with any applicable fees/charges. Funding from Advantage Lending is not a loan. It is a cash payment of a portion of a pending settlement or judgement that is paid back from the settlement along with any fees or charges. If a plaintiff loses their case, they are not required to pay Advantage Lending back.
In the context of civil litigation, a settlement is the resolution of the legal matter in question prior to trial or before a judgment is awarded. It is usually reached through negotiations between attorneys for the parties involved.
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