Pre-Settlement Funding Explained: How It Works and Why ClaimBridge Is Different

If you received a letter from ClaimBridge with a promo code, it's because we identified your personal injury case and believe you may qualify for a cash advance while your case is pending. This guide explains exactly how pre-settlement funding works, what makes it different from a loan, and how ClaimBridge's process is designed to be faster, simpler, and more transparent than anything else in the industry.

What Is Pre-Settlement Funding?

Pre-settlement funding, also known as legal funding, is a cash advance against the expected proceeds of your pending personal injury lawsuit. It's designed for people who've been injured, can't work, and need money to cover bills while their case works its way through the legal system.

Here's what makes it fundamentally different from a loan:

• You only repay if you win. If your case is unsuccessful, you keep the money and owe nothing. The funding company absorbs the entire loss. This is called "non-recourse" funding.
• No monthly payments. Unlike a loan from a bank, there are no scheduled payments. Repayment happens only when your case settles, directly from the settlement proceeds.
• No credit check. Your approval is based on the strength of your case, not your credit score, employment status, or income. Bad credit, no credit, bankruptcy — none of it matters.
• No personal liability. Your personal assets are never at risk. The advance is secured only by your case outcome, not by your home, car, or savings.

How ClaimBridge Works

Our process is different from traditional legal funders because we've already done most of the work before you even apply.

Before You Apply: We Review Your Case

ClaimBridge uses public court records to identify personal injury cases that may qualify for funding. We review the case type, the court it's filed in, your attorney, and other factors that help us assess the case's strength. If your case meets our criteria, we send you a personalized offer in the mail with a unique promo code. By the time you receive our letter, we've already reviewed the basics of your case.

Step 1: Enter Your Promo Code

Visit our website and enter the promo code from your letter. This links your application to the case we've already identified. You'll then complete a short application with your contact information, a few details about your situation, and how much funding you need. The whole process takes about 10 minutes.

Step 2: Offer Selection

After entering your promo code, you'll enter the offer selection page. Here you can view your funding offers and repayment amounts. Select the offer that makes sense for you and move onto the next step.

Step 3: Account Creation

After selecting your offer, you'll be prompted to set up your ClaimBridge account.

Step 4: Identity Verification

We verify your identity using Plaid. This is a quick, secure process — not a credit check. Your credit score is never accessed and never affected.

Step 5: Agreement Review & Sign

After successful completion of the identity verification process, you'll have time to review your agreement with us. All details about the cash advance, including the repayment timeline and amounts, are in an easy-to-view format.

You're under no obligation to accept. We encourage you to review the offer with your attorney before making a decision.

Step 6: Plaid Bank Transfer

After signing your agreement, there's just one last step to complete before receiving your money. The system will prompt you to use Plaid. Here you will link your bank account and authorize ClaimBridge to deposit your money.

You should receive your money in minutes. No waiting for ACH or check payments.

That's It

No more work is needed from you.

We take it from here by ensuring funds are disbursed, monitoring your case, and remaining in contact with you and your attorney throughout the lifecycle of your litigation process.

Your Case Continues Normally

After receiving your advance, nothing about your legal case changes. Your attorney remains in full control of all legal decisions. You don't make any payments while your case is pending. Your advance is repaid only when your case settles, directly from the settlement proceeds through your attorney.

Settlement and Repayment

When your case settles, your attorney receives the settlement funds in their trust account. From those proceeds, your attorney pays their contingency fee, any medical liens, and repays ClaimBridge the advance plus the agreed-upon repayment amount. You receive the remainder.

If your case loses, you owe ClaimBridge nothing. You keep the advance. Your personal finances are completely unaffected.

Why ClaimBridge Reaches Out to You Directly

Most litigation funders depend on attorneys to refer their clients. That means the vast majority of injured plaintiffs — those whose attorneys don't have a relationship with a funder — never learn that funding is an option. They struggle financially, fall behind on bills, and often accept unfairly low settlement offers because they can't afford to wait for a fair one.

ClaimBridge solves this by going directly to you. We use public court records to identify your case, evaluate its potential, and reach out with a personalized offer. You don't need your attorney to refer you. You don't need to know that litigation funding exists. We find you, because we believe everyone with a qualifying case deserves access to funding — not just the small percentage whose attorneys happen to know a funder.

What You Can Use the Money For

There are no restrictions. Most plaintiffs use their advance for essential expenses that can't wait for a settlement: rent or mortgage payments, medical bills, groceries, car payments, utilities, and childcare. You can even use the money to pay down debt such as credit cards or installment loans. The money is yours to use however you need.

The Bottom Line

Pre-settlement funding provides immediate cash to help you cover bills while your personal injury case is pending. At ClaimBridge, we've rebuilt the process from the ground up: we identify your case through public records, reach out directly with a personalized offer, fund you through a fast digital process, and charge one transparent repayment structure with no hidden fees and a 24-month cap. If your case wins, you repay from the settlement. If it doesn't, you owe nothing.

If you have your promo code ready, enter it on our homepage to get started. If you'd rather talk to a person first, call or start a chat with us. We're here to help.