How Much Does Pre Settlement Funding Cost? Transparent Rates & Fees
Personal injury plaintiffs often fear pre-settlement funding because they don't understand the cost structure. They imagine hidden fees, compounding interest, and surprise charges. The reality is dramatically different. Best Call Funding operates with complete transparency: no upfront costs, no hidden charges, and straightforward fee disclosures that plaintiffs understand before signing anything.
Unlike traditional loans, where lenders profit regardless of case outcome, pre-settlement funding companies only benefit if your case succeeds. This alignment of interests creates fundamentally different incentives. If your case loses, the funding company receives nothing. This non-recourse structure is reflected in how costs are calculated and disclosed.
The Core Funding Cost Structure
Pre-settlement funding costs vary. The cost reflects the risk Best Call Funding takes by advancing funds months before settlement. If your case takes three years to settle, Best Call Funding waits three years for repayment while advancing funds immediately.
Consider an example: you receive funding to help cover expenses while your case is pending. The total repayment increases gradually over time but the growth is linear and transparent, with no surprise acceleration or unexpected fees beyond what is clearly disclosed at the outset.
No Upfront Costs, No Hidden Charges
There are no upfront costs and no hidden charges. No administrative charges. Application and processing fees are included in your contract and deducted from your settlement if your case succeeds. You pay nothing out of pocket during the funding period. Money arrives in your account within 24 to 48 hours of approval, and you pay nothing until settlement arrives.
Interest Rate Options: Compound and Simple
Best Call Funding offers both compound and simple interest rate structures. The structure used depends on your contract and what your attorney recommends for your case.
Nothing affects the fundamental transparency of the cost structure. Your attorney and Best Call Funding discuss these options during funding, allowing you to choose the structure that works for your situation.
How Pre-Settlement Funding Costs Compare to Alternatives
Injured plaintiffs under financial stress often explore other options before considering pre-settlement funding. Comparing these choices shows why pre-settlement funding is often the lowest-cost option for plaintiffs who need to wait. Most people turn to credit cards, personal loans, payday loans, home equity loans, or borrowing from family.
Why Pre-Settlement Funding Often Costs Less
Personal loans require credit checks and proof of employment, which many injured plaintiffs can’t provide. Even when approved, interest rates and origination fees add up quickly.
Payday and title loans charge predatory rates exceeding 400% APR, home equity loans put property at risk, and family loans strain relationships. Pre-settlement funding avoids these pitfalls by offering a no-upfront, non-recourse option that allows plaintiffs to wait without financial pressure.
How Funding Amount Affects Total Cost
Your total funding cost depends on the funding amount and settlement timeline. Best Call Funding typically advances 10% to 15% of your expected settlement value. This sizing ensures funding covers genuine needs without overfunding cases.
Attorney Role in Cost Discussion
Your attorney plays a critical role in the pre-settlement funding cost discussion. Best Call Funding provides clear written explanations of all fees, interest rates, and repayment terms during underwriting. Your attorney reviews these documents with you and can answer questions.
Legitimate funding companies provide this transparency. Cost discussions happen before you sign anything. You know exactly what funding will cost before committing. This transparency allows informed decisions about whether pre-settlement funding makes financial sense for your situation.
Best Call Funding's Commitment to Transparent Pricing
Best Call Funding holds NMLS certification (Nationwide Multistate Licensing System), which requires regulatory compliance and transparent fee disclosure across all operating jurisdictions. This certification means standardized pricing, clear fee explanations, and documented underwriting processes.
Over 20 years of industry experience backs every funding decision and cost calculation. Best Call Funding's pricing reflects genuine risk management, not profit-seeking. The company only profits when plaintiffs win. This alignment of interests ensures cost structures remain reasonable and transparent.
Why Transparency Matters More Than Low Rates
Some funding companies advertise lower rates but hide fees in contracts. Others advertise low rates but apply them only to select cases while charging higher rates to others. Best Call Funding's transparency means you know your cost before signing anything. No surprise rate increases. No hidden fees appearing at settlement. No escalating charges as cases extend.
This transparency allows genuine financial decisions. You can calculate whether pre-settlement funding makes sense. You can compare costs to other options. You can discuss options with your attorney. Most importantly, you can proceed confidently knowing exactly what you'll owe at settlement.
How Additional Funding Affects Total Cost
If your case extends longer than expected and you request additional funding, Best Call Funding reviews these requests approximately 30 days after previous advances. Additional funding costs follow the same transparent structure as initial funding. If you receive a first advance of $8,000 and a second advance of $4,000 two months later, each advance is repaid according to its own timeline and cost structure.
Each advance is separately calculated. Your total repayment is the sum of individual advance costs.
The Real Financial Impact of Proper Funding Support
Plaintiffs who avoid pre-settlement funding often face worse financial outcomes. Without funding support, they might accept inadequate settlements worth 30-50% less than fair value due to financial pressure. A case worth $150,000 that settles for $90,000 due to desperation represents a $60,000 loss.
Pre-settlement funding isn't expensive—it's a financial lifeline that enables fair settlement and proper case development.
Understanding Your Specific Costs
The best way to understand pre-settlement funding costs for your specific case is to contact Best Call Funding at (844) 676-CASH (2274) or apply online. Best Call Funding provides transparent cost quotes based on your actual case value, timeline expectations, and funding needs.
Most applications receive approval decisions within 1 to 24 business hours. Once approved, Best Call Funding provides written documentation of exact costs before you sign anything. You'll know precisely what funding will cost and can make informed decisions with your attorney about whether pre-settlement funding makes financial sense.
Frequently Asked Questions
If my case settles for less than expected, do I still owe the full funding amount?
No. Your attorney has authority to negotiate a funding reduction with Best Call Funding if your settlement is smaller than expected. If your case, valued at $100,000, settles for $60,000, your attorney can work with Best Call Funding to adjust repayment proportionally. Best Call Funding structures adjustments fairly to prevent overfunding.
Are there any hidden fees that appear at settlement time?
No. All costs are disclosed upfront in your written contract. No surprise fees appear at settlement. No additional charges beyond what was explained during underwriting. Application and processing fees are included in your contract and deducted from settlement. You pay nothing out of pocket during the funding period.
What if my case takes longer than expected—do costs escalate dramatically?
No. Costs increase in a linear and predictable manner based on the length of time the funding remains outstanding, as outlined in your contract. There are no penalty structures or sudden fee escalations. If a case takes longer than expected, the total repayment does not once it reaches the cap set on the funding.
Can I pay back funding early if I receive a settlement offer?
Yes. If your case settles unexpectedly early, you can pay back funding immediately. You'll owe funding costs only through the settlement date, not the full projected timeline. Early settlement means lower total cost. Your attorney coordinates the settlement and funding repayment.
How does pre-settlement funding cost compare to accepting a lower settlement offer?
Pre-settlement funding allows plaintiffs to maintain financial stability while their case develops, rather than feeling pressured to accept an early, reduced settlement. Without funding, many plaintiffs settle for significantly less than their case’s true value simply to cover living expenses.
While funding does carry a cost, that cost is often far less than the value lost by accepting an undervalued settlement. By reducing financial pressure, pre-settlement funding gives attorneys the time needed to build a stronger case and pursue fair compensation—often resulting in a higher net recovery than settling early.
Does Best Call Funding charge different rates to different plaintiffs?
No. Best Call Funding maintains standardized pricing across all cases. Your attorney and Best Call Funding determine which rate applies based on your situation, but pricing is consistent and transparent. No hidden variables or personalized rate increases.
