Lawsuit Funding Buyout Program Launches
At LawLeaf we are always interested in providing the best lawsuit funding options to our clients. LawLeaf provides some of the most competitive rates and fastest turnarounds for pre settlement lawsuit funding within the litigation financing industry. We can also put together approvals for clients that have been previously funded by other companies. LawLeaf is extremely excited to begin promoting our new buyout program. The buyout program is designed to purchase an existing loan from another company while offering a client additional monies for the same pending suit. The greatest asset to the program is our ability to lower an existing rate for many of our clients.
How does the program work?
When a person applies for lawsuit funding for the first time its much easier to get an approval. Most companies are only interested in cases that have not been previously funded. While most plaintiffs will only need to secure one round of funding there are other clients that need additional rounds of funding due to an unexpected financial situation. When LawLeaf receives an application from a plaintiff that has received previous funding through another company we will handle the process similar to our pre settlement funding service. We will gain the appropriate documentation from your attorney and request additional information pertaining to the first lawsuit loan. If our lender likes the case they will put together a package that puts more money in your pocket through an additional lawsuit cash advance while offering a buyout of your previous loan.
If you qualify for this program our lender(s) will buyout your current loan and combine both the requested cash advance and previous settlement loan. When we combine both the additional lawsuit cash advance and previous settlement loan the rate will be lowered. A lower rate will equate to more money in your pocket at the end of your case. We have had clients significantly lower their overall rate while putting more money in their pockets. The program is designed to save you money.
If you would like to apply for this program begin by filling out our online application today.
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