When law firms explore post-settlement funding, one of the first questions they often ask is who exactly can receive the funding. Is it only available to plaintiffs, or can attorneys and law firms themselves also access capital? With Balanced Bridge Funding, the answer is clear: they provide post-settlement funding solutions for both attorneys and plaintiffs, depending on who needs the advance and how the settlement is structured.
Post-Settlement Funding for Attorneys with Balanced Bridge
Balanced Bridge offers attorney post-settlement funding, allowing lawyers and law firms to convert a portion of their delayed earned contingency fees into immediate capital. Instead of waiting months (or longer) for fees to be distributed due to delays, attorneys can sell a portion of those fees to Balanced Bridge at a discount and receive funds directly wired to their account.
This funding goes directly to the attorney or law firm, not to the client. The advance is based on the attorney’s collectible fees on a resolved case, making it a targeted cash-flow tool for firms that operate on contingency and experience delayed payments.
Attorneys use this capital to:
- Cover operating expenses such as payroll, rent, and overhead
- Pay down case costs and lines of credit
- Invest in marketing, technology, or new hires
- Take on larger or additional cases without straining cash flow
Funding Solutions for Plaintiffs as Well
Balanced Bridge is not limited to law firms. They also provide post-settlement funding to plaintiffs, advancing a portion of a plaintiff’s delayed settlement proceeds once the case has been resolved but before the funds are disbursed.
In these transactions, funds are advanced directly to the client, helping them:
- Pay rent or mortgage
- Cover medical bills or everyday living expenses
- Navigate the waiting period between settlement and final payment
In other words, Balanced Bridge acts as a one-stop shop for both plaintiffs and plaintiff attorneys seeking post-settlement financing.
Non-Recourse Advances, Not Traditional Loans
Whether the advance goes to an attorney or a plaintiff, Balanced Bridge’s post-settlement funding is generally structured as a non-recourse transaction. That means repayment comes only from the settlement or fee proceeds. This distinguishes their product from a traditional bank loan and can make it a more flexible option for firms and individuals alike.
Ready to Explore Funding Options? Contact Us Today
If you’re an attorney waiting on contingency fees from a settled case, or a plaintiff who needs access to settlement funds sooner rather than later, Balanced Bridge Funding may be able to help. Their team works directly with both attorneys and their clients to structure post-settlement advances that fit your specific situation.
To learn more or to start an application, contact Balanced Bridge Funding today through their website, or by email info@balancedbridge.com or phone 267-457-4540, and take the next step toward bridging the gap between settlement and payment.
