What kind of cases do you finance?
Preferred Capital Funding works with injured parties across the country
in workers’ compensation and injury cases of all kinds. That includes
car accident claims, slip-and-fall, premises liability, trucking accidents,
and any other cases involving negligence and injury.
How much money can I ask for?
We offer cash advances anywhere from $500 to $500,000. The size of your
advance will depend on our underwriters and the facts of your case. We
don’t offer advances based on the total value of the case, but rather
on your portion of the settlement. This way, you won’t be able to
take too large of an advance.
Is there a requirement for getting an advance?
Just one: be a plaintiff in an injury lawsuit. That’s all. You don’t
need proof of employment or any kind of credit score-all that matters
is that you’re involved in a legal claim
Will I have to make monthly payments?
At Preferred Capital Funding, there are
no monthly payments required. We receive money when your case resolves, and it comes to us
as a single sum rather than as a series of payments. It’s simple,
easy, and helps you move on with your life as quickly as possible.
What happens to my advance if I lose my case?
If you lose your claim, you don’t pay us a cent.* Much like contingency
fees for attorneys, we assume the risk of your lawsuit when we give you
a cash advance. If you don’t win, you don’t need to pay -
simple as that.*
*Subject to State Law
How does repayment work?
When your case resolves, we receive a portion of your settlement to pay
off the balance of your cash advance. Before you receive an advance from
Preferred Capital Funding, we provide you with a disclosure of all interest,
charges and fees upfront, so you know
exactly what you’re paying before receiving an advance.
Do you contact my insurance company?
We work exclusively and confidentially with your attorney and you. Your
insurance company will not receive notice or disclosure regarding any
funds you receive from us-it’s your money, and you use it for what
you need, end of story.
How do I apply?
Fill out our
-all you need to provide is basic personal information, how much you’ll
need, and the type of case you’re involved in. We will contact your
attorney and, normally, within 48 hours, you’ll receive an answer
from us, and we can get started on sending you your cash advance.
Apply online here
, or call us at (888) 211-1116 to begin the process!