TriMark Legal Funding Makes Pre-Settlement Funding Simple

It is a non-credit-based financial transaction wherein an injured person receives an immediate lump sum of cash in exchange for a small portion of the future settlement award they expect to receive. For injury victims who need money right away, pre-settlement funding can provide the cash they need very quickly.

A small portion of a future settlement award is purchased in exchange for an immediate lump sum of cash. Unlike traditional loans that rely on credit scores, approval is instead based on the strength and merits of the case. No monthly payments are required and the advance is repaid directly from the settlement proceeds after the case is resolved successfully. If the case is lost, the plaintiff can keep the money and owe nothing.

In most cases the answer is "YES", provided these 3 conditions are met: 1). You must have received significant injuries. 2). You must be represented by a contingent fee attorney. 3). There must be clear liability against a sufficiently insured defendant.

It can happen very quickly. In a perfect world we can fund in as little as 2 hours. For the majority of cases however, 1 to 2 business days is typical. Approval usually takes 2 to 6 hours after all required information has been received from the plaintiff's attorney. After approval, a contract is sent out. If the executed contract is returned prior to 2pm EST, funds are sent the same day. After 2pm EST, funds are sent the next business day.

TriMark Legal Funding can provide cash advances from $500 to $5,000,000+. As a general rule of thumb, we can fund up to 20% of the anticipated net value on most pending cases. On settled cases we can fund up to 50% of the net value. Under all circumstances however, we recommend you take the minimum amount necessary to resolve your financial issues.

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No. State Bar Associations have consistently held that it is unethical for an attorney to loan money to their clients due to a potential conflict of interest. Attorneys have a fiduciary duty to their clients. In other words, they have to act in the best interests of their clients, not their own. That duty could be compromised if the client owed the attorney money.

At least minimally, yes. In addition to providing the information necessary to review your case, your attorney must sign an 'acknowledgment of lien'. That is the document that ensures the funding company will be repaid if and when your case has been resolved successfully.

No. To qualify for pre-settlement funding, plaintiffs must be represented by a contingent fee attorney.  Pro bono and pro se representation are also ineligible.

The majority of TriMark’s rates fall in the 1% to 3% range with non-compounding rates and capped limits for your safety. TriMark has provided some of the lowest, most attractive rates in the legal funding industry since 2003. Although it is almost never necessary, TriMark will match or beat any competitor’s rate.

Rates are determined by relative risk, strength of liability, extent of your injuries, amount of total insurance coverage available and a number of other factors.

Most legal funding companies charge a single, one-size-fits-all rate for everything, regardless of risk. That may be a good deal for high-risk cases, but can be expensive for medium and low risk cases. In contrast, TriMark has a variety of rates, terms and funding options so we are able to match the lowest, most competitive rates with each particular case. This is how we provide the highest value and lowest cost to our clients.

It's your choice. We can send your money by wire transfer, FedEx Overnight, Western Union, MoneyGram and checks delivered by USPS.