Did you file a workers’ compensation claim after getting injured on the job? Does your injury prevent you from working in any capacity? If you’re losing income because of a workplace injury, workers’ compensation will cover you regardless of who is at fault for your injury. But it could be a while before you receive the funds. That is why Capital Now Funding provides funding for a wide range of personal injury lawsuits including workers' compensation lawsuits.

Workers’ compensation claims can take a few months to a couple of years to pay out. That means you might be lacking any income for up to two years if your injuries prevent you from taking a new job. If you don’t have enough savings to be financially independent for the next year or more, you should consider getting a pre-settlement loan to cover your bills while you wait for the payout.

If you have been injured on the job in or in a work related accident and need financial assistance, a settlement loan, also called pre settlement funding may be what you need. Although it’s called a loan, it’s actually an advance known as non-recourse funding. This type of advance comes with ZERO RISK, because you don’t have to pay it back if you lose your case.

Workers' Compensation Pre Settlement Funding

A pre-settlement loan will cover your bills while you wait for compensation.

Applying for a pre-settlement loan is the smartest way to make sure there are no gaps in your finances while your case is being settled. Even though workers’ compensation claims are paid out on a no-fault basis and you’re pretty sure you’ll get paid, you can’t control how long it takes the insurance company to process the payout.

With pre-settlement funding from Capital Now Funding, you can get a portion of your estimated settlement when you need it. And pre-settlement funding doesn't have to be paid back if you end up losing your case. Pre-settlement funding is a ZERO RISK way to get compensation when you need it most.

Why get pre-settlement funding? Does a workers’ compensation claim really take that long?

You might be wondering why you should apply for pre-settlement funding for a workers’ compensation claim when you know you’re certain to receive a settlement check. The truth is that you probably can’t afford to wait for your settlement check to arrive in the mail. Your case will most likely take longer than you expect to settle; certain factors may complicate the process.

Elements that can complicate and thereby extend your settlement date include:

• A dispute from your employer. If your employer disputes your workers’ compensation claim, you’ll have to contest the dispute. Contesting an employer’s dispute takes more than just time; you’ll probably have to seek second opinions from medical specialists and you might be asked to provide suitable evidence.
• Court hearings to challenge the insurance company’s decision. Any time you challenge a legal decision, you’ll have to attend a hearing to officially contest that decision. This will extend the time it takes for your case to be settled, which defers the date when you receive your settlement money.
• Additional medical exams to prove your disability. If your claim is denied or your injuries are downplayed, you’ll likely want to seek additional medical exams to prove to the insurance company that you are, in fact, disabled.
• Having a permanent disability. It can take longer to support claims of a permanent disability. This often entails extended medical care, multiple doctors’ appointments, and extensive testing.
• Negotiations. If you negotiate the settlement amount with your insurance company, you can expect your case to take longer to settle. Negotiations take time, but they’re worth it because your first offer will be too low.
• Having a lawyer. Having a lawyer is advisable and will help you get a more favorable outcome. However, it typically takes longer for claims to settle when a lawyer is involved.
• There’s no guarantee about how long it will take for your claim to be processed and paid out. Instead of gambling with your compensation timeline, apply for settlement funding today from Capital Now Funding, or call us at 1-855-CAP-FUND right now.

What types of workers’ compensation claims qualify for pre-settlement funding?

People commonly obtain pre-settlement funding for the following claims:

• Sprains and strains. A sprain is a torn or overstretched ligament. A strain is an overstretched or torn muscle or tendon. Sprains and strains are usually caused by falls that twist or pull on a body part, such as an arm or ankle.
• Lacerations. Lacerations are deep cuts or tears in the skin. They’re usually caused by not following safety protocols or failure to wear proper protective clothing. They can also be caused by dull box knives and other blades that require the exertion of additional force to be effective.
• Burns. These are tissue injuries due to a variety of causes, including heat, electricity, chemicals, radiation, steam, and even sunlight. Burns can be external or internal.
• Fractures. When a bone breaks from forced trauma, that’s a fracture. They can take a long time to heal or heal wrongly if the broken bone isn’t given enough time to complete the healing process.
• Contusions. Contusions are bruises. Bruises are created when blood vessels are crushed under the skin, which causes the blood to become trapped.
• Eye injuries. These are common in many industries. Injuries can include chemical burns, cuts, and other traumas.
• Continuous or cumulative trauma. Some workplace injuries, like carpal tunnel, accumulate over time. Others are caused by continuous, repetitive motion.

All of these types of injury claims may qualify for pre-settlement funding. As long as you have a lawyer and pursue a workers’ compensation claim for an injury sustained on the job (regardless of fault), you qualify to apply for pre-settlement funding.

Follow through with your workers’ compensation claim

Even if you get approved for a lawsuit loan, make sure to follow through with your workers’ compensation claim. Don’t drop the ball just because you got approved for an advance. To heal from your injury and stay afloat, you’ll need every dollar you can get.

Apply for pre-settlement lawsuit funding today

If getting a settlement advance sounds like something that would help you financially, don’t hesitate to apply. When you’re injured and unable to work, medical and personal bills pile up fast, and they don’t take long to drain your bank account.

Getting an advance means you won’t have to worry about how you’ll pay the electric bill and put food on the table while you’re waiting for your settlement check to arrive.

There’s no guarantee about how long it will take for your claim to be processed and paid out. For peace of mind, apply for settlement funding today from Capital Now Funding or call us at 1-855-CAP-FUND and you’ll be one step closer to having money in your pocket when you need it most. The application process is free and takes only a minute to get started.