What is pre-settlement funding? In short, it is money received before and in anticipation of a settlement being reached in a lawsuit. When a person pursues a lawsuit for a personal injury claim or similar situation, life's demands don't simply stop. Besides regular day-to-day expenses like food, housing, and utilities, individuals may also have to deal with the expenses brought on by their injury or accident, including hospital and doctor bills, therapy charges, medical equipment rental and purchases, and more. On top of making sure you get a fair settlement, you can seek loans in many ways. For instance, they can go to the bank or another lender in search of lawsuit loans, or they can borrow money from friends, family, or local institutions. Pre- and post-settlement funding, on the other hand, are ways to take care of expenses without going further into debt.
Through lawsuit funding loans, a plaintiff borrows money from a financial institution much like they would from a bank. The difference is that pre-settlement funding isn't a loan. It’s borrowing money based on the successful projected settlement of the case, when damages and so forth are awarded to the plaintiff. When the case is won, the financial company takes payment from the settlement. If the plaintiff doesn't win the case, they don’t need to repay pre-settlement funding cash advance, but funding companies only lend money when a settlement seems inevitable. Lawsuit settlement loans from banks and other lenders may come with higher rates of interest and fees. Financial institutions like Apogee, however, work with you and your attorney to provide a percentage of the inevitable settlement.
Speak with your attorney about contacting us today to discuss the possibilities of guaranteed pre-settlement funding and other ways we can help with the financial end of your lawsuit. We look forward to answering your legal funding questions and providing plenty of answers; please feel free to get in touch with us today!
Personal Injury Victim Or Plaintiff
Apogee Capital provides Personal Injury Victims or Plaintiffs with either pre-settlement or post-settlement funding solutions and lawsuit funding services to help pay for life's essential needs and/or receive medical treatment in order to be able to wait a full and fair settlement.
If you are injured and awaiting settlement from your case, and you need money now to pay for surgery that cannot wait or other medical treatment then look no further. Apogee offers medical and surgical financing with no upfront cost or risk to you if your case does not settle. You can get back to your life while your attorney fights to settle your case.
Funding for Attorneys & Law Firms
Apogee Capital is here to support law firms with law capital funding to operate and grow while they work for fair settlements for their clients.
No matter if your firm's need is one-time or continuous, Apogee Capital funding options can meet your firm’s settled case funding, pending case funding or working capital line needs.
Funding for Doctors & Medical Care Providers
Apogee Capital understands more then any company in the industry that serving uninsured or under insured patients on letters of protection or medical liens is complex and financially challenging.
We solve the complexity and financial challenges two fold:
- By paying healthcare providers directly on behalf of letter of protection or medical lien patients at pre-negotiated rates higher then major medical and government programs.
- Providing additional capital to your practice by purchasing and/or servicing your outstanding medical lien or aging medical receivables portfolio.
help the community
Our goal is helping our community of clients to receive the best outcome possible for their cases. Our funding services are designed to allow clients to keep going without financial worry, so insurance companies cannot pressure them into taking a smaller settlement than they deserve for the damage done.
Apogee helps our community of clients rest easy because they only pay back their funding when they win their case, and receive their settlement award.
Do Not get a lawsuit loan. Get Settlement funding instead!
We are not a loan company. More in the realm of settlement funding companies. We offer lawsuit funding services. Pre-settlement or Post-Settlement funding are non-recourse, meaning they are guaranteed, and not loans. Apogee Capital’s funding program is money advanced to personal injury plaintiffs awaiting judgments or settlements in lawsuits. More commonly referred to as pre-settlement funding, lawsuit cash advance, or non-recourse financial assistance. We fund all types of personal injury lawsuits: auto accidents, product liability issues, slips and falls, and many others.
