FAQ

Looking for more information? Here are answers to a few frequently asked questions.

How soon can I get my pre-settlement advance?

Once you apply, we'll need to reach out to your attorney to request some case documentation. Attorneys are busy but usually respond within 24-48 hours. Upon receipt of the documents, we'll submit your application to underwriting and contact you after the review is complete. If your funding request is approved, we'll send funds directly to you via check, wire transfer or electronic deposit.

Is this a loan?

No - our cash advances are not actually loans. They are up-front cash payments against the future proceeds of your lawsuit. Unlike loans, our advances are non-recourse and there are no interim payments.

What does "non-recourse" mean?

Non-recourse funding means you have no obligation to repay us if your case is lost or dismissed.

Are there any restrictions on how I can use my money?

No - you have full freedom to use the money from your cash advance however you'd like, including for medical bills, rent or mortgage payments, and daily living expenses.

Can I get a second pre-settlement advance if I already have one?

Yes, you can get additional advances as long as your case supports it. As a rule of thumb, cash advances are typically limited to 5-10% of the estimated value of your case; however, final approval may vary depending on a number of variables including case type and expected duration of case. Once you apply, Pioneer will review any case updates or changes with you and your attorney since your last funding and let you know whether you’re approved for more.

What are your rates?

Our rates range from 17-21% for every 6 months your case is outstanding, non-compounding. Your exact rate, though, will depend on a number of factors related to the specifics of your case. If you're approved for funding with us, we'll send an agreement detailing the terms of funding.

Do I need to have a good credit score to be eligible?

No - your credit score is not a factor nor is it ever considered in the approval process.

How do I apply?

Applying is easy and usually takes about 5 minutes. To get started, complete our Funding Application here or give us a call at (877) 610-0950 and we can assist you. After you apply, one of our team members will promptly follow up with you to walk you through your next steps and determine if we can help.

Apply today

Get between $500 and $100,000+ in funding within 24 hours of approval.

✓no credit check
✓ no employment verification
✓ get funded within 24-72 hours