Guide
Car accidents are one of the most common reasons people file personal injury claims. Between medical expenses, lost wages, vehicle repairs, and other unexpected costs, a crash can quickly turn into a financial crisis. While your legal case moves through the system, you may be waiting months or even years for a settlement. That’s where pre-settlement funding can help.
This guide walks you through how pre-settlement funding works for car accident cases, when to consider it, and how to get the financial relief you need while your case is pending.
What Is Pre-Settlement Funding?
Pre-settlement funding is a non-recourse cash advance provided to personal injury plaintiffs based on the expected value of their case. It is not a loan—you only repay if you win or settle your case.
Key Features:
No monthly payments
No credit checks
No repayment if your case is unsuccessful
How Car Accident Victims Can Use Pre-Settlement Funding
1. Cover Medical Expenses
Car accident injuries often require emergency care, follow-up visits, physical therapy, or long-term treatment. Funding can help you keep up with:
Hospital bills
Specialist appointments
Medications and therapy
2. Replace Lost Wages
If your injury keeps you out of work, lost income can make it hard to cover essential living costs. Pre-settlement funding can support:
Rent or mortgage payments
Utilities and groceries
Childcare and transportation
3. Pay for Vehicle Repairs or Replacement
Your case may include property damage compensation, but it may not arrive for months. A cash advance can help you get your car back on the road now.
4. Avoid Early, Lowball Settlements
Insurance companies may offer a fast—but inadequate—settlement. Financial pressure shouldn’t force you to accept less than you deserve.
Funding Helps You:
Wait for a fair offer
Give your attorney time to build a strong case
Focus on recovery, not desperation
Who Qualifies for Car Accident Pre-Settlement Funding?
You may be eligible if:
You have an active personal injury claim from a car accident
You’re represented by an attorney
Your case has a strong chance of settlement or success
Funding companies evaluate your case—not your credit or income—when making an offer.
How the Process Works
Apply Online or by Phone: Submit a quick application.
Case Review: The funding provider works with your attorney to review case details.
Receive an Offer: If approved, you’ll receive a no-risk funding offer.
Get Your Funds: Funds are usually disbursed within 24–48 hours.
Choosing the Right Funding Provider
Look for a provider that offers:
Non-Recourse Advances: You only repay if you win
Clear Terms: No hidden fees or confusing fine print
Simple Interest Rates: Avoid compounding debt
Capped Fees: Prevent repayment from ballooning
Positive Reputation: Check reviews and attorney recommendations
How Much Can You Get?
Funding amounts vary based on the estimated value of your case. Most companies offer 10–20% of your potential settlement. Your attorney can help you decide how much is appropriate based on your needs and case strength.
Tip: Borrow only what you truly need—you can always request more later if needed.
Final Thoughts
If you’ve been injured in a car accident and are struggling to cover expenses while your case is pending, pre-settlement funding can provide critical relief. It offers a way to stay financially stable, avoid predatory loans, and wait for the full value of your case without added pressure.
With the right funding partner, you’ll gain peace of mind and financial breathing room as you pursue justice.
Need Fast Funding After a Car Accident?
We’re here to help. Contact us today to learn how pre-settlement funding can support you during your car accident claim—with no risk, no credit check, and no repayment unless you win.
