Pre-Settlement Funding FAQ
Answers to common questions about non-recourse pre-settlement funding for personal injury cases. If you don’t see your question, contact us.
Pre-settlement funding is a non-recourse cash advance against the potential value of a pending personal injury lawsuit. It helps plaintiffs cover living expenses, medical bills, rent, and other costs while their case is still in progress. Unlike a traditional loan, you only repay from your settlement proceeds — and if you lose, you owe nothing.
No, it is not a traditional loan. Pre-settlement funding is a non-recourse cash advance, meaning repayment is contingent on the outcome of your personal injury case. There are no monthly payments, no credit checks, and no personal liability. If your case does not result in a recovery, you owe nothing.
Non-recourse means the funding company can only collect repayment from your lawsuit settlement proceeds. If your personal injury case does not result in a recovery, you owe nothing. The risk is on the funding company, not you — making pre-settlement funding fundamentally different from a bank loan or credit card debt.
No. Pre-settlement funding approval is based entirely on the merits of your personal injury case — not your credit score, employment status, or income. We evaluate the strength of your claim, liability, and insurance coverage.
In most situations, yes. We typically coordinate with your attorney/law firm to request case documents and confirm key details.
Timing depends on how quickly we receive the needed case information from the law firm. Once we have it, decisions can be made quickly.
Amounts vary based on case type, stage, liability, damages, insurance coverage, and other underwriting factors. We can provide a range after initial review.
We provide non-recourse pre-settlement funding for a wide range of personal injury cases, including:
- Car accident injuries
- Truck and commercial vehicle accidents
- Motorcycle accident injuries
- Slip and fall / premises liability
- Workplace injury claims
- Pedestrian and bicycle accidents
- Rideshare accidents (Uber, Lyft)
- Other personal injury lawsuits (evaluated case-by-case)
Because funding is generally non-recourse, if there is no recovery you may owe nothing, subject to the terms of your agreement.
Your attorney remains in control of legal strategy. Funding is designed to help you avoid financial pressure while your case progresses. Any impact depends on your specific situation and your agreement’s terms.
We typically request information from your attorney such as claim details, insurance information, and key documents relevant to evaluating liability and damages.
In some cases, additional funding may be available later depending on case progress and updated information. Additional advances require review and approval.
If your case resolves with a recovery, repayment is typically made from the settlement proceeds at the time of disbursement, per the agreement.
We do not charge an application fee. Your agreement will explain all terms and any costs associated with the advance.
Yes. Use our online form on the Apply page. You can also call (859) 81-FLASH.
If representation changes, we may need updated contact information and continued cooperation from the new firm so the funding can be properly managed.
The terms "lawsuit loan" and "pre-settlement funding" are often used interchangeably, but technically pre-settlement funding is a non-recourse cash advance — not a loan. Unlike a traditional loan, there is no personal obligation to repay if you lose your case. Flash Legal Funding provides true non-recourse funding for personal injury plaintiffs.
Yes. Car accident cases are one of the most common types of personal injury cases we fund. If you have been injured in a car accident and have an attorney representing you, you may qualify for a non-recourse cash advance from Flash Legal Funding. Apply online to get started.
Insurance companies know that injured plaintiffs under financial pressure are more likely to accept low-ball settlement offers. Pre-settlement funding covers your bills so you can afford to wait for a fair offer. This "holding power" gives your attorney the time needed to negotiate the maximum value of your personal injury case.