ATTENTION Plaintiffs Workers’ Compensation Attorneys! Does the following occur in your law practice?
- Client’s case settles at mediation or directly with the Carrier
- Average waiting time for receipt of settlement check 4 plus weeks
- Client calls daily wanting their settlement monies
In an effort to ease the financial burden for both Client and Attorney while waiting for the settlement funds to arrive, Priority RF offers the following funding programs!
Priority Responsible Funding is available to help your client cover the gap between settlement and receipt of monies! Priority RF will immediately fund the requested amount(s) to your client once a confirmed settlement has been verified!
Funding for the Client: Upon confirmation of the signed and executed formal settlement agreement, Priority Responsible Funding will fund up to 75% of the Client’s net settlement proceeds.
What is the cost of this funding?
If monies are repaid within 60 days, Priority Responsible Funding charges ten percent (10%) of the funded monies plus a nominal admin/processing fee of $150.00 and Wire/FedEx fee of $75.00 (if applicable.) Two percent (2%) monthly after the expiration of 60 days.
Client Example: Client requests $3,000 Post-Settlement Funding
Payoff within 60 days: $3,465
($315 - 10% of $3,150 funding inclusive of admin/processing fee)
Let Priority RF eliminate the stress of waiting for settlement checks to arrive!
Contact us today to see how we can help your client get through the difficult “waiting period” from settlement date to cash in hand! Post-Settlement funding options are also available for case types other than Workers' Compensation.