Fair Rate Funding offers pre-settlement loans for clients waiting successful disposition of a personal injury case. The loans are offered to cover needed financial requirements when the likelihood of winning the case is high.
Manasquan, NJ -- (SBWIRE) -- 09/16/2014 -- Fair Rate Funding is a top-rated business that helps to obtain pre-settlement loans for clients who are involved in a pending or settled lawsuit. Collecting on an injury case can take time, often up to four years. Waiting for funds can easily cause tremendous harm to family resources. The expenses don't stop, especially if there are significant injuries involved. A sizable award is likely, but it won't happen until some time in the future.
A spokesperson for Fair Rate Funding explains, “Lawsuit funding arrangements are contracts between the plaintiff in a lawsuit and the lender so that immediate cash is provided to the client. The attorney places the contract in the plaintiff's file as a lien against a future settlement.”
Lawsuit funding is typically given in personal injury cases, including slip-and-fall actions and automobile accidents. Fair Rate Funding considers cases for a lawsuit-funding loan where three conditions are met.
1. There must be a pending claim against a defendant.
2. There must be an attorney for the plaintiff
3. The attorney must be representing the client on a contingency basis.
The funds can be used for any purpose. There is no risk; since the funds are paid back only if the case is successful. Rates are the lowest available. Most loans are approved within 24 to 48 hours.
The lending company assumes the risk of lawsuit funding. If the case is not successful, there is no requirement to repay the funds. The underwriters with Fair Rate Funding are able to predict with a high success rate whether the plaintiff will prevail in the case.
Learn more about obtaining lawsuit funding by visiting http://www.fairratefunding.com today.
About Fair Rate Funding
Fair Rate Funding provides help for people who are in a legal dispute and require funding for their financial requirements.
Contact Person Name: Beth Jackson
Company Name: Fair Rate Funding
Address: 1913 Atlantic Avenue, Suite 140, Manasquan, NJ 08736
Contact Telephone Number: 888-964-2224
email: contact@fairratefunding.com
Website: http://www.fairratefunding.com/