Fullscreen Menu - Background

Subscribe to SME News Search for an article Our amazing team

Ground Floor, Suites B-D, The Maltsters,
1-2 Wetmore Road, Burton upon Trent
Staffordshire, DE14 1LS

Background
Posted 3rd March 2023

How Legal Funding Can Help You Get the Settlement You Deserve for Your Business

If you're waiting on a personal injury lawsuit settlement, you know the wait can be excruciating. With growing medical bills, lost income, and other financial pressures, it's difficult - if not impossible - to maintain your usual way of life while waiting for a resolution.

Mouse Scroll AnimationScroll to keep reading
Fixed Badge - Right
how legal funding can help you get the settlement you deserve for your business.


How Legal Funding Can Help You Get the Settlement You Deserve for Your Business

If you’re waiting on a personal injury lawsuit settlement, you know the wait can be excruciating. With growing medical bills, lost income, and other financial pressures, it’s difficult – if not impossible – to maintain your usual way of life while waiting for a resolution. But did you know that legal funding may provide an effective solution? Read on to learn more about how our legal funding services could give you a better chance at getting compensated for your claim!

1. Legal funding is a way to get the money you need to pay for legal expenses, without having to wait for a settlement or verdict.

Legal funding can be a great solution if you’re needing money to pay for legal expenses. Instead of waiting around for a settlement or verdict that may never come, applying for legal funding could give you the financial peace of mind you need right away. All it takes is a basic application and, in many cases, funds are available fast so you don’t have to put your life on hold while waiting for litigation to play out. If you’re avoiding a court case because of the cost, consider checking into legal funding as an option – and enjoy the security of knowing that you won’t be burdened with massive legal bills at the end.

2. Funding companies are experts in evaluating cases and determining whether or not legal funding is a viable option.

Many legal funding services offer legal funding to qualified applicants – ranging from personal injury lawsuits to complex class-action cases. These companies have a team of legal advisors and financial experts that assess each case individually and provide tailored legal funding solutions. With this expertise, they are able to determine if legal funding is a viable option or not. From business owners looking to build a new venture to families in need of additional resources during long legal disputes, legal funding brings much-needed relief when it comes to unexpected legal fees.

3. There are no restrictions on how the money can be used, so it can be used to cover any costs associated with your case.

Legal Funding is a great way to cover the cost of pursuing legal action. With Legal Funding, you don’t need to worry about how the money should be used – it can help with any costs associated with your case! Legal Funding can help ease the financial burden that comes from litigation, which can be especially useful in cases such as medical malpractice, discrimination, and personal injury cases. Whether you are fighting for an insurance settlement or looking for damages after a car accident, Legal Funding helps make these types of lawsuits easier to navigate.

4. Legal funding is a confidential process, and the terms of the agreement will not be shared with anyone outside of the funding company and your attorney.

Legal funding can be a great resource for those who are dealing with lengthy legal proceedings, as it can provide cash in hand when funds are otherwise short. Unlike other types of loans or financial agreements, legal funding is highly confidential; the terms shall remain between you, your lawyer, and the company that provides the advance payment. That way, any concerns about private data or matters of dispute can be kept secure until an agreement is reached, offering peace of mind to those involved.

The pursuit of a legal settlement is challenging, especially if you are going through it on your own. However, with the right legal funding options to help you in that pursuit, you could potentially get the best out of a bad situation. Legal funding will cover your bills and expenses while providing access to a highly respected lawyer at an affordable rate. You won’t have to risk running out of money during negotiations because legal funding can bridge the financial gap so you can make sure you get exactly what you deserve from your settlement. Additionally, it is non-recourse which means that if for some reason you don’t attain any form of settlement, then you are not obligated to pay back the loan or interest. The peace of mind of knowing that someone else has your back in such situations is invaluable. At the end of the day, having legal funds readily available ensures that when push comes to shove, you can still come out on top with a satisfactory outcome.

Categories: Legal & Compliance, News


You might also like...
Seasonal Marketing: How to Use Celebration Days to Market Your Small BusinessBusiness Advice17th May 2023Seasonal Marketing: How to Use Celebration Days to Market Your Small Business

When it comes to marketing your small business, it is important to find innovative and creative ways to get your products and services out there. And tailoring both your products and content to calendared events could help you get a further outreach.

Keep It Real When You Write Your Business PlanBusiness Advice18th August 2021Keep It Real When You Write Your Business Plan

As corporate advisers we have written hundreds of business plans for all types of organisations. Each is different, but if you are thinking of writing your own plan here are some thoughts to bear in mind. 

SME News Media Pack

Every quarter we offer a new issue of SME News which is published on our website, shared to our social media following and circulated to in excess of 78,000 individuals from various sectors across the UK SME marketplace.

  • TickExpand your reach.
  • TickGrow your enterprise.
  • TickSecure new clients.
View Media Pack
Media Pack - Bottom Slant Gradient
we are sme.
Arrow