Guide
Pre-settlement funding can be a game-changer for plaintiffs dealing with the financial strain of a pending lawsuit. However, not every application is automatically approved. Legal funding companies need to assess your case carefully before offering financial support. Knowing what factors influence approval—and how to prepare—can significantly improve your chances of getting the help you need.
In this guide, we’ll walk through practical steps plaintiffs can take to strengthen their applications and secure faster, more favorable outcomes.
1. Understand What Pre-Settlement Funding Providers Are Looking For
Legal funding companies like Instabridge evaluate your case based on risk and potential recovery. Because pre-settlement funding is non-recourse (you repay only if you win), providers need to be confident in the case’s strength.
They consider:
Liability clarity: Is it clear who is at fault?
Injury severity: How significant are the physical, emotional, or financial damages?
Case documentation: Is your case backed by medical records, police reports, or other evidence?
Insurance coverage: Is there a policy that can realistically cover the claim?
Understanding these factors helps you focus on what matters when submitting your application.
2. Work With an Attorney Who Supports Your Funding Request
Legal funding providers require that you be represented by an attorney. More importantly, your attorney plays a key role in the approval process.
Tips:
Inform your attorney upfront that you’re applying for pre-settlement funding.
Choose an experienced lawyer who understands the documentation funders expect.
Maintain open communication so your attorney can quickly provide updates, records, or statements as needed.
A responsive attorney can significantly shorten the time it takes to receive approval.
3. Provide Clear and Complete Documentation
The more documentation you and your attorney can provide, the easier it is for funders to evaluate your case.
Essential documents include:
Police reports or incident reports
Medical records and bills
Legal filings or demand letters
Insurance claim details
Make sure everything is organized and submitted promptly. Incomplete or vague documentation is one of the most common reasons for funding delays or denials.
4. Be Honest and Transparent in Your Application
Legal funding providers conduct due diligence, so it’s critical to be truthful about your case details.
Avoid exaggerating or withholding information. If you’ve already received funding from another company, disclose that as well—it helps funders assess your current need and repayment outlook.
Being upfront builds trust and allows funders to tailor their offer more accurately to your situation.
5. Apply at the Right Time in Your Case
While you can technically apply at any stage, funding providers are more likely to approve your request if:
Liability has been clearly established.
You’ve received some medical treatment or documentation.
Your attorney has filed or is preparing to file your claim.
Early-stage cases with minimal documentation are harder to evaluate. If possible, time your application when there’s enough information to demonstrate merit.
How Instabridge Supports Strong Applications
At Instabridge, we’re committed to making pre-settlement funding fast, fair, and transparent. We work closely with plaintiffs and their attorneys to:
Review cases thoroughly yet efficiently
Offer decisions within 24–48 hours
Provide clear, capped fee structures with no surprises
We also help applicants understand what’s needed so they can avoid delays and receive the support they need as soon as possible.
Conclusion: Preparation Leads to Approval
Securing pre-settlement funding doesn’t need to be difficult—but preparation makes all the difference. By working with a proactive attorney, providing complete documentation, and applying at the right stage, you can significantly boost your chances of approval.
Contact Instabridge today to start your application and get the financial support you need to stay strong during your legal journey.
