Lawsuit Loans And Cash Advance Options | TriMark Legal Funding

Lawsuit loans are one solution for plaintiffs with financial needs who cannot wait for months or years on a settlement. They help you cover essential living expenses and enable you to hold out for the best possible settlement while you await trial.

What is a Lawsuit Loan?

Despite the name, a lawsuit loan is not a traditional loan at all. It is a cash advance provided by a funding company based on the expected settlement from a pending lawsuit. When you apply for a lawsuit cash advance, the funding company evaluates your case and provides a certain amount of money to you based on their estimated value of your legal claim. One of the most attractive features about lawsuit loans is that if you do not win your lawsuit, you do not have to repay the money that you received from the funding company.

“If you do not win your lawsuit, you do not have to repay the lawsuit loan you received from the funding company.”

FAST * EASY * ZERO UPFRONT FEES

Get $500 to $500K within 24 hours of approval. No upfront costs, no hidden fees, and no fine print-EVER. You get to relax while we work with your attorney to get you approved.

LOWEST RATE GUARANTEE

Our non-compounding rates in the 1% to 3% range are the best in the business. Most of our rates cap at 2X, so you’ll keep A LOT MORE of your money; no matter long it takes to settle.

NO WIN, NO PAY * NO CREDIT CHECK

Pay nothing until after your case is settled. There is no credit check, no monthly payments, and approval is based on the strength of your case, not your credit score.

Why Should You Consider Getting a Lawsuit Cash Advance?

If you need money but are still waiting for your case to resolve, getting a lawsuit loan could be your best option. Here are some of the reasons you might want to consider a lawsuit settlement loan:

No Compensation Until Settlement or Verdict

When you are injured in an accident, you may need to file a lawsuit to recover damages for lost wages, medical bills, or other harm resulting from your injuries. However, even if your lawsuit is successful, you will not receive any financial compensation until the case settles or concludes after a verdict.

Trials Often Take Longer Than Expected

Plaintiffs are often surprised at how long a trial can take. Model standards proposed by the National Center for State Courts suggested that 90% of general civil cases should take up to a year from start to finish. However, these standards are only guidelines. In reality, many civil cases are not resolved until 12-18 months after they are filed. Procedural rules, extended discovery periods, and scheduling conflicts can all cause delays.

“Plaintiffs may face financial difficulties during long trials since they can’t collect damages until the case is settled or a verdict has been reached.”

Job or Income Loss

Plaintiffs who have been injured in an accident or involved in a workplace dispute often lose their jobs and the ability to earn money for themselves.

Need for Longer Recovery Time

While your lawsuit is pending, work may be difficult due to lingering injuries. A lawsuit loan gives you time to receive the medical treatment you need and recover from your injuries rather than rushing back to work too soon.

Need to Get Better Settlement

Lawsuit loans give you the time and flexibility so your attorney can negotiate a fair settlement.

Inability to Access Other Sources of Funding

Traditional loans and credit cards all involve a credit score check and good credit scores. This can be problematic for people who have fallen behind on their bills, causing their credit scores to take a hit. There may also be application fees and lots of paperwork to fill out. With a lawsuit loan, you can qualify regardless of your credit score, and the application process is fast, free, and easy.

Compounding Financial Problems

Mortgage or rent, utility bills, car payments, medical bills, and all your other expenses have to be paid whether or not you have received your settlement. Getting behind on your financial obligations can have a snowball effect and lead to serious consequences like foreclosures, evictions, vehicle repossessions, and even bankruptcy.  Lawsuit loans can help you avoid these undesirable outcomes.

How Legal Funding Works

TriMark specializes in helping personal injury victims. Our pre settlement funding is a simple 3-step process.

#1

Apply

You can easily apply online or by phone. It’s quick and easy, we’ll answer all your questions, and there is no obligation.

#2

Approval

Your dedicated TriMark representative will work with your attorney to review your case. No hassle. Guaranteed.

#3

Receive Cash

Receive $500 to $500,000+ within 24 hours of approval by wire transfer or FedEx Overnight. It’s that simple.

Can You Get a Lawsuit Loan for a Personal Injury Case?

Personal injury cases are one of the most common types of general civil litigation. Personal injury lawsuits can arise from a wide variety of situations including car accidents, slip-and-fall incidents, dog bites, assault and battery, and medical malpractice cases.

To recover damages, a plaintiff must first file the lawsuit. In order to qualify for a lawsuit loan, you must be represented by a contingent fee attorney. The attorney will file the lawsuit on your behalf in state or federal court depending on your claims.

Once the case is filed, it triggers a series of procedural rules and deadlines. However, these deadlines may be adjusted due to scheduling problems or other issues, causing the case to take longer. According to survey data, only 21% of personal injury cases are resolved within one month of the case being filed. Another 27% are resolved within six months of the filing date. However, the remaining 52% of cases take up to a year or more before a settlement or verdict is reached.

As the cases drag on, some of the plaintiffs involved in these cases may lose their jobs due to their injuries or may need extra money to pay for medical care or past bills. However, they will not receive damages unless they receive a favorable settlement. A pre-settlement loan allows these plaintiffs to gain advance access to their future settlement or award to solve their current financial problems.

How Do You Apply for a Lawsuit Cash Advance?

Plaintiffs in complex legal cases already have a lot on their plate. You may already know a lawsuit loan could help you, but don’t know how to get started. TriMark Legal Funding specializes in helping personal injury victims. Getting a lawsuit loan is a simple 3-step process:

1. Start the Application Process

Contact TriMark to get started with your application. You can apply easily online or by phone.  At TriMark, before we fund a case, we evaluate the pending lawsuit and determine a possible settlement range. Applying is quick, easy, and free, and you are under no obligation to accept the funding proposal.

2. Review Funding Proposals from Lawsuit Loan Companies with Your Attorney

Next, your dedicated TriMark representative will work with your attorney to review your case. If you qualify, we will provide documentation regarding your funding offer. We recommend that you review this documentation with your attorney to make sure you understand the terms of the agreement and we are available to answer any questions you have.

3. Accept the Proposal and Pursue Your Case

Once you accept our funding proposal, your lawsuit cash advance can be available in as little as 24 hours. At TriMark, once the funding has been provided, we have no further involvement in the case until it is settled or a verdict is rendered. During that time, you and your lawyer control your case and settlement negotiations.

“After your loan is funded, the funding company has no control over how your lawsuit is managed.”

What Case Types are Eligible for Lawsuit Loans?

Lawsuit loan companies often offer settlement funding for these types of legal claims:

  • Personal Injury: Claims arising from car accidents, slip-and-falls, medical malpractice, product liability, toxic exposure, sexual abuse, and wrongful death.
  • Workplace Injury: Workers’ comp lawsuits, railroad-related work accidents, maritime accidents, and construction accidents.
  • Employment claims: Cases for sexual harassment, employment discrimination, hostile work environment, whistleblower protection, workplace retaliation, and wrongful termination.

These are just some of the types of cases that may be eligible. TriMark funds almost every type of litigation including medical malpractice and premises liability cases. If you are unsure if your case qualifies, contact us.

“Settlement loans are available for almost any kind of civil lawsuit.”

Still have questions?

We are excited to help you through this difficult time. We’ve helped thousands of people in similar circumstances, and we appreciate the opportunity to help you too.

You can apply online, or call (877) 932-2628 and speak with one of our friendly representatives.
When you choose TriMark, just know that you’re in excellent hands, and we’ve got your back.

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