Don't Let Your Clients Settle for Less
When your client begins to panic early in the litigation process, it can mean only one thing. They are thinking about cash...lots of it...NOW.
Ordinarily, this might limit a substantial cash settlement for them later if they try to force you to settle their case NOW. However, you can refer them to someone who can provide an immediate financial solution and keeps them financially stress-free for months and even years to come - lawsuit settlement funding.
You already know that with lawsuit cash funding, your client wins now so you can both win later. But when you first broach the solution, they will undoubtedly have many questions such as, "How do I choose from all the lawsuit funding companies?", "What is the turnaround time from when I apply for lawsuit financing and when I get money?", "Will the company understand my situation and my financial needs?" and more.
You can explain to your client that they need to look for a company that has a good reputation for low rates, personalized service, and a 24 hour approval time. You can help them evaluate their options for lawsuit funding and choose a company that both of you will feel comfortable with. When they ask questions that reveal their fears about past bad experiences with loan applications, you can explain that lawsuit funding is not like a loan. There are no upfront payments, no monthly payments and if they lose their lawsuit, the cash advance is theirs to keep - making lawsuit financing completely non-recourse.
Once your client gives you the green light, you can refer them to someone who can give them immediate cash. It's that simple. That is the advantages of lawsuit financing.
NOTE: Legal Loans USA provides non-recourse funding to plaintiffs based on potential future settlements or awards. THIS TYPE OF SERVICE IS NOT A LOAN. With respect to loans, repayment is a requirement in every instance. Our legal funding service is different in that any money advanced to the plaintiff only requires repayment if the plaintiff receives a cash settlement award. If the case is lost, the plaintiff is not obligated to repay the funded amount. Therefore, the use of the terms "loan" or "loans" on this website are used to describe legal funding and are not accurate legal or financial definitions of the transaction.