No, pre-settlement funding is not a loan. It is a Non-Recourse advance secured by a future settlement that does not have a 100% chance of happening.
Most applications are approved within 24 hours.
24 Hour Approval
Get the full amount, no fees taken out upfront.
Full Amount
WHY YOU SHOULD CHOOSE US
What We Offer for You
Low Rates
Never any compounding or fee adjustment until and if you win your case and settlement is issued.
Money On Approval
You request $1,000 – upon approval and signed contracts we will advance you $1,000
Help In Navigation
Paran Capital helps you and your attorneys navigate the stressful maze of pre-settlement financing.
Full Disclosure
Full disclosure and transparency from the beginning. No fine print.
Repay After Court
Very Nominal fee – only earned and paid at the conclusion of your case, when and if you win your case.
Loan Is Capped After 12 Months
Interest stops after 12 months.
| How We Protect Your Interest | Paran Capital | Competitors |
|---|---|---|
| Fees paid up front | No | Yes |
| Fees paid at end | Yes | Yes |
| Interest Rate | Yes | Yes |
| Compounded % Rate | No | Yes |
| 24 Hour Approval | Yes | Some |
| 24 Hour Cash After Approval | Yes | Some |
| Hidden Fees | No | Yes |
| Broker Fees | No | Yes |
| Fees to expedite advance payment | No | Yes |
| Award repayment capped regardless of settlement duration | Yes | No |
More Information
Frequently Asked Questions
You may begin the process in two ways. 1) Online registration takes less than 5 minutes. 2) If you call our offices, the process takes about the same time, if you don’t have any other questions. Once the process is begun, you will know if you are approved within 24 hours.
Pre-settlement funding is not for everyone. Frankly, if you intend to use the funds for a vacation or new car, in our opinion, Pre-settlement funding may not be the right vehicle for you. However, we have advanced funds to many individuals and the funding gave them some freedom to pay bills and gave them and their attorneys the time they needed to wait out the process, resulting in higher settlements. In other words, sometimes the first offer is not acceptable, Paran Capital, working with our clients’ attorneys, provided the claimant with needed funds, and the result was significantly more than the first offer.
It's a simple and quick process
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