Slip and fall accidents are some of the most common personal injury cases. Whether the injury happens at a grocery store, apartment complex, or workplace, victims often face serious medical bills, lost wages, and daily expenses while waiting for their case to resolve.
Unfortunately, personal injury lawsuits can take months or even years to settle. That’s where pre-settlement funding comes in, offering financial relief to plaintiffs who need support during the legal process. Let’s take a closer look.
What Is Pre-Settlement Funding?
Pre-settlement funding, sometimes called a “lawsuit loan,” is a cash advance provided to plaintiffs based on the potential value of their case. Unlike a traditional loan, it isn’t dependent on your credit score or employment history. Instead, the funding company evaluates the details of your slip and fall claim and provides money upfront to help cover expenses while your case moves forward.
The key difference from a standard loan is that repayment is contingent on the outcome of your case. If you don’t win or settle, you generally don’t have to pay the advance back. This makes pre-settlement funding a form of non-recourse financing, designed to ease financial stress without adding risk.
How It Works in Slip and Fall Cases
- Application. After your slip and fall accident, you or your attorney can apply for pre-settlement funding. The application process is straightforward and usually requires only basic information about your case.
- Case Review. The funding company will work with your attorney to review the details of your claim, such as liability, medical records, and estimated settlement value.
- Approval & Advance. If approved, you’ll receive a cash advance, often within 24 to 48 hours. This money can be used however you need—covering medical expenses, rent, groceries, or other bills.
- Repayment After Settlement. Once your case settles, the funding company is repaid directly from the settlement proceeds. If you lose the case, you usually owe nothing.
Why Slip and Fall Victims Consider Funding
Slip and fall cases can leave victims with significant injuries, including broken bones, head trauma, or back injuries. Recovery may take weeks or months, during which working might not be possible.
Meanwhile, everyday expenses continue to pile up. Pre-settlement funding helps bridge this financial gap, giving plaintiffs the breathing room to let their attorney negotiate a fair settlement instead of rushing to accept a low offer.
Key Benefits
- No credit checks or income requirements
- Quick access to funds
- No repayment if you lose your case
- Helps cover living and medical expenses
Pre-Settlement Funding
For many slip and fall victims, waiting for a settlement can feel overwhelming when bills keep arriving. Pre-settlement funding offers a financial safety net, allowing you to focus on recovery and giving your attorney time to pursue the best possible outcome. If you’ve been injured in a slip and fall accident and are struggling financially during your case, this option may provide the relief you need.
Legal Funding From Cash Now Funding Group
Are you or a family member in need of financial assistance due to a lengthy legal battle? Are you preparing for a long-term legal battle to get the compensation you deserve? Cash Now Funding Group can be the financial lifeline you need while your case settles. Applying is free and confidential & no credit check is required.
