Car accident funding gives eligible plaintiffs access to part of an expected settlement before their case resolves. If an accident has left you facing medical bills, lost income, or everyday expenses, a pre-settlement cash advance may help you cover essential costs while your attorney handles your claim.
Apex Legal Funding reviews your case with your attorney to determine whether funding is available and how much you may qualify for. Approval depends on the details and expected recovery of your claim rather than your credit score or employment history.
Before accepting an offer, review the funding agreement with your attorney so you understand the fees, repayment terms, and effect on your eventual settlement.
Car accident funding is a cash advance based on the potential proceeds of a pending accident claim. It is sometimes called car accident lawsuit funding, settlement funding, or a car accident loan.
With non-recourse funding, repayment comes from a successful settlement or judgment, subject to the agreement’s terms. If your case produces no recovery, you do not repay the advance under those terms.
Applying for car accident funding involves five steps:
For eligible applicants, car accident funding can provide:
Funding has a cost, so review the total repayment obligation before accepting an offer.
The cost of car accident funding depends on the advance amount and the terms of your agreement. Before accepting an offer, ask for a clear explanation of all fees and how the repayment amount changes over time.
Your agreement should explain:
Repayment generally comes from the proceeds of a successful settlement or judgment, according to the agreement. Because funding charges reduce the amount you ultimately receive, review the offer with your attorney and consider requesting only what you need.
Ask Apex for a written repayment schedule before signing so you can understand the cost if your case takes longer to resolve.
Feature | Car accident funding | Traditional personal loan |
Main approval factors | Claim strength and expected recovery | Usually credit, income, and ability to repay |
Monthly payments | None under Apex’s applicable funding terms | Usually required |
Repayment source | Successful case proceeds, subject to the agreement | Borrower’s income or other funds |
If the case produces no recovery | No repayment under applicable non-recourse terms | The loan generally remains payable |
Cost comparison | Review the agreement and repayment schedule | Review the APR, fees, and payment schedule |
The amount you may qualify for depends on your claim’s expected recovery. Apex reviews your injuries and damages, liability, available insurance coverage, and any obligations that may affect the settlement proceeds.
Your advance will represent only part of the anticipated recovery. Every case is different, so an available amount can be determined only after reviewing the relevant information with your attorney.
Request the amount you need for essential expenses and review how the advance and fees would affect what remains from your settlement.
You may qualify for car accident funding if:
Apex also confirms that funding is available for your location and case. Approval is based on the claim rather than a credit check, employment verification, or traditional collateral.
You do not need to determine eligibility on your own. Submit an application and have your attorney help provide the relevant case information.
New York has certain restrictions for third-party lenders:
That said, there are no restrictions on the individual pursuing funding.
Lawsuit funding, car accidents, and personal injury cases may leave people with many questions. At Apex Legal Funding, LLC, we understand this concern and want to provide our clients with as much information as possible. That’s why we’ve taken the time to answer some common questions below. If you don’t see an answer to yours, please reach out.
Timing depends on how quickly your attorney provides the required information and how long case review takes. Ask Apex for an estimated timeline for your application. Approval and funding are not guaranteed.
Yes. Apex needs to communicate with your attorney to review your claim and coordinate the funding process. Read more about pre-settlement funding eligibility.
Contact Apex with your attorney’s information to confirm whether your claim is eligible at its current stage.
Under a non-recourse funding agreement, you do not repay the advance if your case produces no recovery. Review the agreement with your attorney to understand its terms.
A car accident claim can take months or longer to resolve, depending on the evidence, medical treatment, negotiations, and whether litigation is necessary. Your attorney can explain the likely timeline for your case.
Repayment is handled from the case proceeds according to the agreement. Your attorney can explain how funding repayment, legal fees, and other obligations affect the amount you receive.
Need help covering expenses while your car accident claim is pending? Contact Apex Legal Funding to find out whether your case may qualify for a pre-settlement advance.
Have your attorney’s contact information ready so our team can request the information needed for review. If an offer is available, review its fees and repayment terms with your attorney before accepting.
