Pre-Settlement Cash Advances: Financial Relief While Your Car Accident Case is Pending
If you’ve been injured in a car accident, you're likely dealing with more than just physical and emotional stress.
The financial burden can be overwhelming, especially if you’re unable to work and waiting for your legal settlement. At PrimeCare Network, we understand the difficulties you may face and are here to offer a solution. A pre-settlement cash advance can help you manage your immediate expenses while your case is still being processed.
According to the National Safety Council (NSC), there has been a steady decline in motor vehicle accidents from 2016 to 2018, but the statistics are still alarming. In 2018 alone, nearly 40,000 people lost their lives in car accidents, and approximately 4.5 million suffered serious injuries. Even a minor “fender bender” can cause serious injuries with long-lasting effects. You may face challenges in covering medical bills, rent, car payments, and daily expenses while waiting for your settlement.
Fortunately, pre-settlement funding offers a way to access the money you need now. This type of funding is available for a variety of traffic-related accidents, including:
- Pedestrian accidents
- Truck or tractor-trailer accidents
- Bicycle or motorcycle accidents
- Rideshare or taxi accidents
- Commercial vehicle accidents
At PrimeCare Network, we provide funding for those injured in:
- Rear-end and head-on collisions
- Parking lot or intersection accidents
- Accidents caused by speeding, drunk, or distracted drivers
- Hit-and-run accidents
- Accidents due to defective vehicle parts or dangerous road conditions
To be eligible for pre-settlement funding, you must meet basic criteria, such as being represented by an attorney and having a valid legal claim. The value of your claim depends on the type and severity of injuries, which can include:
- Soft-tissue injuries (sprains, strains, and tears)
- Broken bones, head trauma, or spinal cord injuries
- Burns, disfigurement, or loss of limbs
- Wrongful death of a loved one
Pre-settlement funding offers several advantages over traditional loans. There's no need for credit checks, employment verification, or monthly payments. The funding amount is based on the strength of your case, and repayment is only required if you win your case. This financial relief allows you to avoid accepting an early, low-ball settlement and provides peace of mind while you focus on recovery.
Get Started Today
Applying for pre-settlement funding is easy. Simply call us at 888-474-8473 or fill out our online application. Once we receive the necessary information, we’ll work with your attorney to determine the value of your claim and provide you with an appropriate funding offer. Pre-settlement advances can range from $500 to $100,000, depending on your case’s expected outcome. We're committed to making the process as fast and simple as possible, ensuring you get the support you need when you need it most.
PrimeCare Network provides pre-settlement funding, also known as consumer litigation funding, to its clients through different products depending on their state of residence or cause of action. Many consumers will receive pre-settlement funding via a purchase agreement, assigning a portion of the pending proceeds from their legal claim. In states like SC and CO, pre-settlement funding may be offered as a loan, sometimes referred to as a lawsuit loan. Consumers should carefully review and understand the type of transaction being offered to them by any funding company, as these transactions have important differences.
