How to Choose the Best Lawsuit Funding Company

Pre-Settlement Lawsuit Funding for Cases Near Chicago, IL and Nationwide

Posted: June 18, 2020

Image of man in arm sling comparing funding companies online.Lawsuits can take months, or even years to settle. Pre-settlement lawsuit funding can help to cover your everyday living expenses while you wait for your personal injury claim to conclude.

Legal Capital Corp can help you during this difficult time with a low, flat-fee cash advance. We’ll give you money today while your attorney continues to work on your case. If you lose your case, you don’t owe us a penny. We assume all of the risk.

While pre-settlement funding offers a range of benefits, it’s important to take your time and find the cash-advance company that’s best for you. In the long run, choosing a predatory lender can end up costing you more money than you end up getting in your lawsuit. It’s crucial to do your homework and choose a company that has your best interests at heart.

Keep the following considerations in mind when comparing potential lawsuit funding companies:

  • Understand the fee structure. A lot of settlement funding companies hide their complex fee structures in bloated contracts filled with confusing legal jargon. At Legal Capital Corp, we believe the strength of our no-interest fee structure lies in its simplicity. There are no up-front charges and we offer low, no-interest, flat-fee pricing.
  • Avoid compound-interest rates. You take an enormous risk by taking a cash advance from a company that charges interest instead of a low flat fee. Compound interest costs increase every month. After just five years, a $1,000 loan could end up costing $9,000 in interest charges.
  • Beware of up-front and hidden fees. Some companies may charge you up to $500 to simply apply for lawsuit funding. There are never any application fees involved with a cash advance from Legal Capital Corp.
  • Discuss lawsuit funding with your lawyer. Your attorney should be fully aware of your financial situation and decision to pursue pre-settlement lawsuit funding. Once you apply for a cash advance with Legal Capital Corp, we will contact your lawyer to request basic information about your case. We encourage you to direct your attorney to our page for lawyers.

Contact Legal Capital Corp Today

If you need lawsuit funding to help you stay financially afloat while you wait for your personal injury claim to settle, fill out our free online application today or contact us in Chicago at 312- 204-7939 with questions. We serve Chicago, Illinois, and nationwide.