Pre-settlement funding helps injury victims pay for their costs until they get a settlement. Many injured people have urgent financial needs, leading them to wonder how long it takes to get their pre-settlement check.
The time it takes to get funding varies slightly by case. But with a trusted company, you might get your money within 24 hours. Some companies will send the funds directly to your bank account instead of as a check.
Silver Dollar Financial works to send pre-settlement funds as soon as possible. We know the importance of fash cash when you’re in the middle of a personal injury case. Click Apply Now or call (844) 871-0628 to see if you qualify today.
How Long It Takes to Get Pre-Settlement Funding
Pre-settlement funding is more straightforward than a bank or home loan. You don’t have to go through credit or income checks. Also, your eligibility depends only on your case details.
A pre-settlement funding company will look at the facts of your case. They’ll see how likely you are to win a settlement or jury award. If you qualify, the company should send your money over as soon as possible.
At Silver Dollar Financial, we can send funds in as little as 24 hours. The timeline depends on:
- The information you provide when you apply
- How soon your attorney responds to our call
- Whether or not we need additional information
Improve your chances of 24-hour approval by fully completing the application. Make sure your lawyer knows that you’re applying. They can be ready to receive our call and confirm the details.
We’ll need documentation to support your application. If we can complete the process smoothly, you’ll get your money sooner. Our team works with you to get your funding quickly. The goal is within 24 hours of applying.
Click to contact the Silver Dollar Financial Team today or Call (844)871-0628
The Pre-Settlement Funding Process
Pre-settlement funding is sometimes called a “pre-settlement loan” or “lawsuit loan.” But it’s not really a loan at all. Pre-settlement funding is a cash advance to yourself.
You get a portion of your pending settlement earlier. The money is yours to use as needed. Then, you simply pay back the money when you get your compensation. If you don’t win your case, you don’t have to pay anything back.
Here’s how the full process works before you get your pre-settlement check.
1. File Your Case with Your Lawyer
After a personal injury accident, you can file a claim with the responsible party to recover your costs under Georgia Code §51-12-4. You might work to negotiate a settlement with the insurance company or file a lawsuit.
Most of the time, you will need help from a lawyer. A personal injury lawyer will work to get you the fullest compensation possible. Most attorneys work on “contingency,” which means they don’t get paid unless they win your case.
When you apply for pre-settlement funding, the company will look to see if:
- You have a valid personal injury case, and
- You’re working with a lawyer.
If the above statements are correct, you likely qualify.
2. Apply for Pre-Settlement Funding
A lawyer will give you the best chance at fair compensation. But personal injury cases take time. For example, a case can take anywhere from months to several years.
While you wait for a settlement, pre-settlement funding can help cover your costs. You can apply with Silver Dollar Financial today. Click Apply Now or call us at (844) 871-0628 to apply within minutes.
When you apply, the funding company will look at the strength of your case. If you’re eligible for funding, they’ll look at what type of settlement or verdict you might receive.
3. Review Documentation with Your Lawyer
If you qualify for funding, you and your lawyer will receive documentation with the details. Your lawyer can help you review the details. If you accept, the company will send you a portion of your pending settlement or judgment now.
4. Get Your Pre-Settlement Funding
Talk to your lawyer about how long your case will probably take. This will help you make an informed decision. If you need funding, you can work with a trusted funding company like Silver Dollar Financial.
If you qualify for funding, we’ll send the funds straight to you. You won’t even have to worry about a pre-settlement check. We can usually send the money to your bank account for you to use immediately.
Remember: You only pay back the funds when you get your settlement or verdict. If you don’t end up winning your case, you don’t have to pay the money back.
Details That Can Delay the Funding Process
Some factors might delay how long it takes to get your funding. To get things moving as quickly as possible, it’s best to:
- Apply for funding immediately after discussing it with you lawyer
- Make sure your lawyer knows when you’re applying so that they can have the right documentation ready
- Fill out the application completely so that the company doesn’t need more information
If you have any questions, don’t be afraid to ask. A trusted funding company should be transparent about its process and rates.
Apply for Pre-Settlement Funding with Silver Dollar Financial
While you wait for compensation, pre-settlement funding can make all the difference. Silver Dollar Financial provides funding to:
- Cover your urgent economic damages or living costs
- Help you negotiate for a better recovery
- Bridge the gap until you get the settlement you deserve
We want the best for each of our clients. We’re not just a funding company—our team is on your side during this trying time. We’ll answer any of your questions and work to get you the best outcome.
You only pay us back when you win your case. If you don’t win your case, we take the loss, not you.
Apply with us today to get started. Click Apply Now or call (844) 871-0628 at any time.