FAQ

WHAT ACTUALLY IS PRE-SETTLEMENT LEGAL FUNDING?

Pre-settlement legal funding is when a funding company provides funds to a plaintiff prior to the legal settlement of their case. The pre-settlement funds are usually just a portion of the total funds that will be dispersed at the time of the case settlement. Pre-settlement funds are intended to help a plaintiff cover living expenses until the case settles and they receive their settlement funds.

If you lose your case, the pre-settlement funds do not have to be repaid, as they are considered non-recourse funding. However, if you win your case, your attorney will re-pay the pre-settlement amount to the funding company out of your settlement funds at the time your case is settled. CAPITAL NOW FUNDING protects you with FIXED FEE, ZERO INTEREST funding that caps your payback at settlement to save you money.

WHAT IS NON-RECOURSE LEGAL FUNDING?

Funding that is non-recourse does not have to be paid back if you lose your case. If you lose your case, you owe CAPITAL NOW FUNDING nothing.

IS THERE ANY RISK TO ME AS THE PLAINTIFF?

Absolutely not. If you lose your case, there is no recourse, meaning that you will owe us nothing. If you win your case, your attorney will send us the FIXED FEE payoff amount out of your settlement.

The CAPITAL NOW FUNDING payoff amount is fixed with ZERO INTEREST and no hidden fees. No matter how long your case takes to settle, your payoff amount will never increase.

HOW DO I KNOW THAT I AM GETTING A GOOD DEAL ON MY CAPITAL NOW FUNDING PRE-SETTLEMENT LEGAL FUNDING AGREEMENT?

CAPITAL NOW FUNDING is a very good deal for you compared to other pre-settlement legal funding companies. Other pre-settlement funding companies charge interest rates that keep escalating the longer your settlement takes, but CAPITAL NOW FUNDING is different.  Your payoff amount is fixed – there is NO INTEREST and no additional fees – no matter how long your case takes to settle. You never have to pay more. You always know upfront exactly what your payback will be.  This way, you get the pre-settlement legal funds you need, plus full rate cap protection that saves you money. And it is NO RISK – if you lose your case, the pre-settlement funds do not have to be repaid.

WHAT DO YOU MEAN WHEN YOU SAY “CAP IT”?

Our pre-settlement legal funding is fixed fee, which fixes or “caps” the amount you owe back so that it always stays the same – there is no interest and no additional fees – no matter how long your case takes to settle. You know exactly how much you owe back from the beginning and you never have to pay more. This provides both rate cap protection and savings compared to other lenders who increase the rate at various intervals the longer your case takes to settle.

HOW DO I KNOW IF I WILL QUALIFY FOR PRE-SETTLEMENT LEGAL FUNDING?

After you submit your application, we will contact your attorney to learn more about your legal case and present the information to our underwriters for approval. In most cases, the approval process takes about 24 hours. Your credit score is not a factor. After approval, we will send you your Agreement to review, sign and return to us. Your cash is then made available to you.

ONCE APPROVED, HOW LONG DOES IT TAKE TO RECEIVE MY FUNDS?

After you review, sign and return your Agreement to us, you will receive your funds in about 24 hours.

WHAT IF I DON’T HAVE AN ATTORNEY?

CAPITAL NOW FUNDING maintains a current network of proven attorneys where we conduct business. We will be happy to provide you with access to our network of attorneys. Just use the Contact form to ask us for help in finding an attorney.

IS THE DEFENDANT’S INSURANCE COMPANY OR THEIR ATTORNEY NOTIFIED?

No, the only parties aware of your transaction are you as the plaintiff, your attorney, and CAPITAL NOW FUNDING.

IS THERE A LIMIT TO THE AMOUNT OF PRE-SETTLEMENT LEGAL FUNDING THAT I CAN APPLY FOR?

When you submit your application, we ask you to enter the amount of funding you think you will need. Then we will contact your attorney to learn more about your legal case and present the information to our underwriters both to approve your agreement and also for the amount of pre-settlement funds that your case justifies, which we will note on your Agreement. Generally, our pre-settlement legal funding can range from as little as $250 and up depending upon the size of your case and the judgment of our underwriters. If you have any questions about your approved funding amount, we will be happy to answer them when you review your approved Agreement.

If you have additional questions, please call us at 1-855-CAP-FUND or use our contact form to send us an email.