Pre-Settlement Funding FAQs
Straight answers to everything plaintiffs ask before applying, and a phone number if you’d rather just talk to a person.
Pre-settlement funding is a non-recourse cash advance against the expected proceeds of your pending lawsuit. It is not a loan: there are no monthly payments, and repayment comes only out of your settlement or judgment. If your case does not succeed, you owe nothing.
No. Your credit score, employment status, and income are never part of the decision. Approval is based entirely on the strength of your legal case.
Most applications receive a decision the same business day once we have your case details from your attorney. After you sign the agreement, funds arrive by wire transfer or overnight check within 24 to 48 hours.
Approvals typically range from 10 to 20 percent of your estimated case value, from $500 up to $500,000, based on liability strength, documented damages, and available insurance coverage.
Virtually all personal injury cases: car, truck, motorcycle, bicycle, and rideshare accidents, slip and fall, medical malpractice, product liability, workplace injuries with third-party liability, wrongful death, employment cases, and mass tort claims with named-plaintiff status.
No. We never run a credit check, so applying has zero impact on your credit score.
Yes. Funding requires an attorney representing you on a full contingency fee basis who signs an acknowledgment of the funding agreement. We cannot fund without both. Your attorney also provides the case information we use to evaluate your application. Settlement proceeds must be disbursed through your attorney's trust account. We cannot fund a case where the recovery would be paid directly to you. This protects you.
You owe nothing. Our funding is non-recourse: repayment comes only from your settlement or judgment. The one exception, standard across the industry and required by state funding laws, is fraud or material misrepresentation in connection with your application or claim, which voids the non-recourse protection.
No. Nothing is owed while your case is pending. Repayment happens once, out of settlement proceeds, handled through your attorney.
Never. Your attorney maintains full control of your case. The entire purpose of funding is to remove the financial pressure that forces early, low settlements.
Often yes. As your case progresses, supplemental funding may be available. Contact us for a funding review if your situation changes.
Funding is available in most U.S. states. See our states page for the full list, or call and we will confirm availability for your case in minutes.
No upfront fees and no monthly payments. Pricing is simple, non-compounding on most options, and most agreements cap the total you can ever owe. Before you sign, you see the exact payoff at 6, 12, 18 and 24 months in writing. One application reaches Diamondback and its funding partners, so you get the strongest terms your case qualifies for. If your case is lost, you owe nothing. Funding is provided by Diamondback Funding or one of its funding partners. Your agreement identifies the funding company and states your exact repayment terms before you sign. Full breakdown, with the numbers on settled cases: what pre-settlement funding costs.
Yes. Diamondback Funding offers capped, non-compounding pre-settlement funding through its strongest funding options, and stronger cases qualify for them. Some funding companies we work with price on a set schedule instead, and that schedule is written into the agreement, so you know which structure applies before any money moves. Your agreement identifies the funding company and states your exact repayment terms before you sign. Not sure which terms your case qualifies for? Apply or call and we will tell you plainly.
No. Applying is free, approval is free, and nothing is deducted before your funds are sent. Every dollar of cost lives in the funding agreement you review before signing, with the exact repayment disclosed in writing. If a funding company can't show you that number up front, that's the signal to walk away.
Often, yes. The first thing evaluated is the payoff on your existing advance, because any prior funding is repaid from the same settlement. If your case value supports both the payoff and new money, additional funding can work; if the existing lien is too large, an honest evaluation will tell you that quickly instead of stringing you along.
None. The application asks for basic case details only, no paperwork, no uploads, no credit pull. Everything the evaluation needs, the complaint, medicals, and case records, comes from your attorney's office, which is also why having representation is a requirement.
Settled cases are the lowest-cost funding we arrange: typically 3% per month, simple, charged in three-month periods, and capped, because the only risk left is time. Your agreement identifies the funding company and states your exact repayment terms before you sign. See post-settlement funding.
Your agreement shows the exact payoff at each of those points in writing before you sign, so there is no math to do later. Most options are simple, non-compounding, and most agreements cap the total you can ever owe. The payoff shown for the period in which your case resolves is the amount repaid from the settlement through your attorney.
A short case summary, the liability evidence your attorney already has (the police report, incident report or complaint), a summary of treatment and medical bills, the insurance coverage in play, and any liens on the case. Your attorney's office sends it; you do not gather documents. Funding requires an attorney representing you on a full contingency fee basis who signs an acknowledgment of the funding agreement. We cannot fund without both.