Common Myths about Alternative Litigation Financing

Myth #1: Litigation Financing Is the Same Thing as a Loan.  

False: Litigation financing is NOT a loan. Unlike a loan, litigation settlement funding works on a nonrecourse basis. Meaning, if you lose your case, you owe us nothing. Only if your case settles, will you be expected to repay your cash advance, along with the flat fee detailed in our agreement with you.

Myth #2: Applying for Litigation Financing Takes Too Long.

False: From the moment we receive your application, our team begins to work on your case. Once we’ve obtained the necessary documentation from your attorney, we will be able to determine your eligibility and potential cash advance sum. Often, our clients receive cash-in-hand in as little as 24 hours.

Myth #3:  Attorneys Don’t Trust Litigation Financing

False: We require that your attorney be involved in all aspects of obtaining your cash advance. Not only will your attorney help us determine your eligibility for a cash advance, they will be the second signatory on our agreement with you. Additionally, as your case proceeds we will be in regular contact with them for updates. We encourage all of our potential clients to speak with their attorneys on how they can benefit from alternative litigation financing.

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