What is car accident legal funding?
It's a non-recourse cash advance against your future car accident settlement. Unlike a loan, you only repay if your case wins. The funding is designed to help you cover living expenses, medical bills, and other costs while your case works its way to resolution — without forcing you to settle for less than you deserve.
Is this a loan?
No. Loans require monthly payments and have to be repaid regardless of any other circumstance. Legal funding is non-recourse: if your case loses, you owe nothing. There are also no monthly payments — repayment happens only when (and if) your case settles or wins.
Who is eligible?
You're likely eligible if you (1) were injured in a car accident, (2) have an attorney representing you on a contingency basis, and (3) your case has clear liability or strong supporting evidence. Credit, employment, and income don't factor into eligibility.
Do I need an attorney to qualify?
Yes. We only fund cases that are represented by a licensed personal injury attorney. If you don't have one yet, we can refer you to qualified attorneys in your area, but funding can't proceed until you've signed a representation agreement.
How much can I get?
Funding amounts typically range from $500 to $100,000 or more, depending on the strength of your case and the projected settlement value. Most car accident funding falls between $2,500 and $25,000. We generally fund up to 10–20% of the case's expected settlement value.
What does it cost?
Funding fees vary based on case strength, projected timeline, and state regulations. Every funding agreement includes a written breakdown showing the funded amount, fee structure, and total maximum repayment. Many agreements include rate caps that limit how much you'd ever owe, regardless of how long the case takes.
Are there upfront fees?
No. There are no application fees, no underwriting fees, and no costs of any kind paid upfront. If your case doesn't qualify or you decline an offer, you pay nothing. The fee is only collected when your case settles successfully.
How is the repayment calculated?
Repayment is the funded amount plus the agreed fees, calculated according to the schedule in your funding agreement. We provide written examples showing what you'd owe at 6, 12, and 24 months so you understand the full picture before signing. The repayment is paid directly from your settlement, not out of pocket.
Can I get more than one advance?
Yes. Many cases take longer than expected, and clients often need additional funding along the way. Each additional advance is reviewed based on the case's progress at that point. There's no limit on the number of advances, though total funding can't exceed a percentage of the projected settlement value.
How long does approval take?
Most cases receive a decision within 24 hours of us receiving the case file from your attorney. Simple, well-documented cases can be approved in just a few hours. More complex cases may take a day or two of additional review.
How fast do funds arrive?
Once you sign the funding agreement, funds are typically wired the same business day. Wire transfers usually clear within hours; checks sent by overnight courier arrive the next business day.
Will my attorney need to do anything?
Your attorney will need to confirm case details, provide documentation we use for underwriting, and sign an acknowledgment of the funding agreement. Most attorneys handle this routinely; many have referred prior clients for funding. The work for them takes about 30 minutes total over the life of the case.
Will the defendant or insurer find out?
No. Legal funding agreements are confidential between you, your attorney, and our company. The defendant, their insurance company, and the court are not notified, and the existence of funding does not appear in case records.
What if my case takes years to resolve?
Funding agreements are designed to handle long cases. Many include rate caps that stop fees from accruing after a certain period (commonly 24–36 months). Your final repayment will never exceed the cap, no matter how long the case takes.
What if I lose my case?
You owe nothing. The funding agreement ends when your case ends. We don't pursue you for repayment, we don't report to credit bureaus, and we don't hold you personally liable. That's what "non-recourse" means.
What if my attorney drops my case?
If your attorney withdraws and you find new representation, the funding can usually transfer to your new attorney with their acknowledgment. If you're unable to find new representation and the case is closed, the funding agreement typically ends with no repayment owed — but the specific outcome depends on the terms of your agreement.
Can I use the money for anything?
Yes. Once funds are in your account, they're yours. Most clients use them for rent, groceries, vehicle replacement, medical co-pays, and other essentials. There's no requirement to spend the money on anything specific or report how it's used.
Does this affect my credit?
No. We don't run credit checks at any point in the process, and we don't report to credit bureaus. Your credit score is unaffected by applying, being approved, receiving funds, or repaying.
What if I already settled?
If you've reached a settlement but are waiting for the check (which can take weeks), we offer settlement advances — a faster, simpler product that gets you funds within days while the formal disbursement process completes. The fee structure is typically lower because the case risk is largely resolved.
Do you fund cases in every state?
We fund cases in nearly every U.S. state. A few states have specific regulatory requirements that affect availability or terms; we'll let you know during the application process if anything specific applies to your state.