A workers compensation settlement funding is a fast, risk-free, easy-to-qualify-for, non-recourse cash advance on workers comp settlement proceeds that a claimant expects to receive at the conclusion of settlement negotiations or litigation.
They are not credit-based and they are only available to injured workers with accepted workers comp claims in qualifying states who are currently represented by a contingent-fee attorney.
Approval is based on the strength and merits of the claim rather than the creditworthiness of the borrower. Repayment is only required if the underlying case is resolved successfully. If it isn’t, the borrower has no obligation to repay the advance.