How do I get a cash advance?
Through a simple process, you complete an application and we review it, along with information about your case we receive from your attorney. If we accept you as a client, we’ll provide you with a cash advance as soon as the necessary paperwork has been completed.
When will I receive the funds?
You will receive the funds as quickly as possible after you’ve been approved, in many cases within 24 hours. We know you need the money now and we work quickly to try to accommodateyou.
What type of information will Global Injury Funding need to evaluate my case?
In addition to your completed application, we’ll need information from your attorney regarding the details and status of your case. We will request that information directly from your attorney.
How does Global Injury Funding decide who is eligible to get an advance?
We base our decision-making on the merits of your case. We are risking our money on the outcome, so we need to strongly believe that you will receive a settlement that enables you to pay us back. If your case does not settle, and we’ve already provided you with an advance, you don’t owe us anything.
Is it legal to provide cash advances for claims or lawsuits?
Absolutely. This industry has been around for approximately 10 years. It began after it became common knowledge that many participants in personal injury suits were having financial troubles while waiting for their cases to settle.
Will I have to sign any documents?
Yes. We will provide you with an agreement that clearly explains our arrangement, including the amount we are advancing you, the fee you will pay and the repayment process.
Will my attorney be required to sign any documents?
Yes. Your attorney must be part of this process and he or she will need to sign our agreement.
Do I have to make monthly payments?
No. The whole idea behind getting an advance is to free you from financial woes during the time it takes to settle your case. Once your case has settled, you will need to repay your advance plus our fee.
Are there any up-front fees?
No. There is no cost at all to you to apply for an advance. Our fee only comes into play once you have been accepted as a client and you case settles.
What’s difference between an advance and a loan?
A loan must be repaid, while an advance is contingent on the outcome of your case. So if you don’t settle, you don’t owe us anything.