How Do Plaintiffs Benefit from Pre-Settlement Legal Funding? 

How Do Plaintiffs Benefit from Pre-Settlement Legal Funding

Plaintiffs benefit from pre-settlement lawsuit funding by gaining immediate financial relief while their lawsuit is still pending, without waiting months or years for a settlement. If you’re recovering from serious injuries, you may not be able to work, and that loss of income often creates financial instability. Beyond the immediate physical pain and emotional distress, the inability to earn a paycheck can quickly lead to mounting bills, overdue rent or mortgage payments, and even the risk of losing your home or vehicle. 

Mustang Funding is a litigation finance company focused on high-quality, transparent capital solutions for law firms and their clients. Founded in 2018 and based in Wayzata, MN, our mission is to empower the pursuit of justice for individuals and law firms nationwide. Contact us today to learn more.  

Immediate Financial Relief for Living Expenses 

One of the most significant benefits of pre-settlement legal funding is immediate financial relief for your living expenses, such as your mortgage, car payments, insurance premiums, tuition for your children, groceries, and utility bills. By securing funding, you take a proactive step toward easing the financial strain often accompanying protracted litigation.  

Rather than feeling overwhelmed by mounting bills and daily expenses, pre-settlement funding provides swift support, helping you regain financial stability so you can focus on healing. 

At Mustang Funding, the application process is straightforward and has no hidden fees. Once approved, funds can be transferred to you quickly—often within 24-48  hours. Depending on your individual circumstances and the laws in your state, you may be eligible for pre-settlement funding based on the expected settlement amount.  

For example, if your lawyer estimates a potential settlement of $200,000 for your case, you could qualify for pre-settlement funding that aligns with this estimate after consultation with the lender, allowing you to focus on your recovery rather than stressing about cash. 

No Credit Checks or Employment Verification 

Unlike traditional loans, pre-settlement funding does not require a credit check or income verification, and applying for a lawsuit advance will not impact your credit. This is a significant advantage for many plaintiffs, especially if their credit scores have been affected due to the financial challenges of a serious injury or for those who cannot provide proof of income because they have been out of work. 

What matters in pre-settlement funding is the strength of your case, not your financial history. The funding is based solely on the likelihood of a lawsuit resulting in a favorable settlement or court verdict, making it an accessible solution for many plaintiffs. 

Further, unlike credit cards and personal loans, litigation advances do not have monthly payments. Instead, these funds are only repaid once your case is resolved.   

Pre-settlement Funding is Non-Recourse  

One of the most attractive features of pre-settlement funding is its risk-free nature. Pre-settlement funding is non-recourse, unlike traditional loans, where you must repay the lender. You only repay the funding if you win your case or reach a settlement. You don’t owe anything if your case does not result in compensation.  

Apply for Pre-Settlement Funding Today at Mustang Funding 

At Mustang Funding, our innovative and flexible litigation funding solutions ensure that no one is denied their right to a fair legal battle due to financial constraints.  We achieve this mission through a commitment to transparency, integrity, and unwavering support for our clients as they navigate the legal landscape.   

For more details, check out our ultimate guide to pre-settlement funding to understand how pre-settlement funding works and how it can help you through the legal process. 

About Mustang Funding

Mustang Funding, founded in 2018 and based in Wayzata, MN, is a litigation finance company dedicated to empowering individuals and law firms nationwide with transparent and innovative financial solutions. With over $170 million funded, 10,000+ checks issued, and more than 3,000 cases financed, Mustang provides plaintiff pre-settlement funding, law firm financing, and commercial funding to meet diverse client needs. Their commitment to transparency, integrity, and expertise sets them apart, offering tailored financial support to plaintiffs, businesses, and legal professionals. By bridging capital gaps and fostering access to justice, Mustang Funding continues to lead the legal asset investment industry with a strategic, inclusive, and forward-thinking approach.