Thrivest Link Legal Funding
Knowledge Base

What Is Pre-Settlement Funding?

An advance given to plaintiffs by a third-party funding company on a potential settlement or award during an ongoing lawsuit. This type of funding is non-recourse, meaning the plaintiff does not have to pay back the funding if they lose the case.

What Are Post Settlement Loans?

Non-Recourse loans given to plaintiffs after they have reached a settlement in a lawsuit. The loan is secured by the delayed settlement proceeds and is repaid at affordable rates.

What Is Litigation Financing?

Litigation financing refers to any type of funding or financing provided to litigants (or contingency-fee attorneys) to finance their legal costs. The claimant is not required to repay the litigation finance company if they lose their lawsuit.

What Is Medical Lien Financing?

A type of financing provided to plaintiffs who need medical treatment as a result of their injuries. Medical lien financing companies pay for the medical treatment upfront, and are repaid from the plaintiff’s settlement or jury award.