Pre-Settlement Funding is NOT a Pre-Settlement Loan.
If you have a personal injury case pending and the bills are piling up, you may have started looking for financial help. You see ads on billboards and late-night TV. You hear people talk about getting money from their lawsuit. And when you sit down to search, the phrase that comes to mind for most people in your situation is "pre-settlement loan," because a loan is the closest thing most of us have a reference for.
That makes sense. But what we provide at Go Philly Funding is not a loan. We call it pre-settlement funding, and the difference between funding and a loan changes what you owe and when you owe it.
Why Is It Called Funding Instead of a Loan?
A loan requires repayment no matter what happens. Pre-settlement funding is non-recourse. Repayment is tied to the outcome of your case. If your case wins or settles, the funding is repaid from the settlement proceeds. If your case loses, you owe nothing. You have no personal obligation to repay Go Philly Funding from your own assets or income if you lose your case. Go Philly Funding absorbs the funds that were previously advanced.
No personal liability. No monthly payments. That is why the industry calls it funding, not a loan.
How Does Pre-Settlement Funding Work?
You apply online. It takes only a few minutes. We contact your attorney to review the details of your case, and the approval decision is based on the strength of your case, not your credit score or income.
If approved, we send funds directly to you by wire transfer, in as little as 24 hours. You can use the funds however you need: rent, utilities, groceries, car payments, medical expenses. Repayment only happens after your case resolves, and only from the settlement proceeds. There is no separate bill in the meantime.
What This Means for You
With non-recourse pre-settlement funding, you are not signing up for debt. You are receiving an advance that gets repaid only if your case wins or settles. If you lose, you owe nothing.
If you are dealing with financial pressure while your case is pending, we can help. Go Philly Funding serves injured plaintiffs across Philadelphia, Delaware County, Bucks County, Montgomery County, Chester County, and South Jersey. Apply for funding at gophillyfunding.com/apply. No credit checks. No upfront fees. Funds in as little as 24 hours.