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But before you decide to go with Signal Funding, it is crucial to consider the advantages and disadvantages of choosing a lawsuit loan through this company. With that in mind, our team has taken the time to carefully analyze some of the top Signal Funding web reviews to determine whether they are a good option for those searching for a lawsuit loan.
Who Signal Funding Is
Signal Funding is one of the country’s more well-known pre-settlement legal funding providers. Based in the state of Florida, they are well-known online. Founded by Tyson Beauchamp in 2016, Signal Funding has grown in popularity due to attorney referrals.
Web reviews for Signal Funding are mixed. Signal Funding notes that they only consider the following when determining whether a lawsuit loan should be issued:
- The extent of the victim’s injuries
- Proof of the defendant’s liability
- Whether the defendant is capable of paying
Pros and Cons of Signal Funding Based on Web Reviews
Web reviews for Signal Funding indicate there are advantages and disadvantages to this lawsuit loan provider. Generally, Signal Funding focuses on providing pre-settlement loans to those dealing with specific types of legal matters, such as:
- Workers’ compensation
- Motor vehicle accidents
- Work-related injuries
- Dog bites and animal attacks
- Slip and fall or other premises liability claims
- Nursing home negligence and abuse
- Medical malpractice
Signal Funding does not work with a broker and instead funds their lawsuit loans directly. Their website indicates they can issue pre-settlement legal funding of up to $500,000.
Advantages of Signal Funding
There are several benefits of choosing Signal Funding for your lawsuit loan provider. Web reviews noted the approval process after applications are submitted is quick. Some web reviews even stated approval same-day and cash in hand within 24 hours.
Signal Funding also has bilingual customer service agents for Spanish speakers looking for more accessible communication. This is a feature many other lawsuit loan companies will not have.
Other web reviews spoke highly of:
- Exceptional customer service experiences
- Application approval despite poor credit
- Excellent explanation of how lawsuit loans work
- Easy application and approval process
- Stress-free applications
- Individual case managers
Disadvantages of Signal Funding
There are also several disadvantages to choosing Signal Funding. First, Signal Funding only authorized litigation funding in South Carolina and Nebraska, despite being based in Florida. This limits the opportunities for those dealing with civil matters outside these states. You might have a better option by choosing a licensed lawsuit loan provider to issue legal funding in all 50 states.
Another significant issue is that Signal Funding is closed on the weekends. Emergencies do not care what time or day of the week it is. Signal Funding is only open during business hours, which reduces the likelihood of accessing the compensation you need when you need it most.
Other Signal Funding web reviews noted failure to respond to emails or answer phone calls. When you need legal funding immediately, you do not have time to wait for lawn specialists to contact you days or weeks later. You need a lender you can talk to the same day you need funds.
Alternatives to Signal Funding
Although Signal Funding has several benefits, the cons outweigh the process. For this reason, consider alternative options when you need pre-settlement legal funding today.
Look for a lawsuit loan provider that covers a broader range of civil and legal matters. Even if you are dealing with a more complex case, you should still be able to find pre-settlement funding. While other lawsuit loan companies may offer additional benefits, High Rise Financial should be a top contender.
Why Go with High Rise Financial?
High Rise Financial is a premier lawsuit loan provider that offers pre-settlement legal funding across nearly all 50 states. Instead of failing to return potential clients’ calls and communications, we promptly engage with them, answer their questions and concerns, and work diligently to approve their applications.
Here are a few of the top reasons to choose High Rise Financial as your lawsuit loan lender:
No Credit Check
We never check your credit as part of our application process. When dealing with a legal matter, your credit may have suffered. Your ability to pay back alone is not based on your creditworthiness or source of income, so you do not need a credit check when you fill out our application.
No Paying Back Your Loan if You Do Not Win
Our lawsuit loans are non-recourse, and we never charge compound interest. You have to pay back your lawsuit loan if your attorney wins your legal case.
If your lawyer does not win your legal case, you will never have to worry about High Rise Financial attempting to garnish your wages or collect the debt. We absorb the risk in advance so you can start rebuilding your life without stress.
Open 24 Hours Per Day, 7 Days Per Week
We understand that emergencies can happen at any time, any day of the week. For this reason, our loan specialists are standing by 24 seven ready to help.
We are not only open during business hours like some of our competitors. We are here to get you access to the pre-settlement legal funding you need when you need it most.
Get Help from Our Loan Specialists Today
According to Signal Funding web reviews, this company has several advantages. The disadvantages, including the fact that they are only open during weekdays, means there may be better options.
High Rise Financial is open 24/7 and offers more than our competitors. Please find out how much you could be approved for when you contact our loan specialists to discuss your financial needs. Fill out our online contact form, call us, or reply now to access your pre-settlement funding as soon as today.