Although Maine is known for lobster, Fair Rate Funding is known for Maine Lawsuit Loans! We are the best provider of pre-settlement lawsuit loans in the state of Maine (ME) since 2007. Fair Rate Funding specializes in fast, low-cost lawsuit loans for residents of the great state of Maine (ME).
Lawsuits take time, often many years. While plaintiffs wait on their settlements, we provide immediate financial support to bridge the gap. If you have a lawsuit and need cash now, we can help.
Why Lawsuit Loans?
Each year in Maine, thousands of accidents resulting in personal injuries occur. Examples include car accidents, slip and falls, and accidents which occur on another’s premises. Many of these accidents are caused by another’s negligence. That is, another person or entity owed a duty of care, that duty was not fulfilled and caused injuries or other damages.
In Maine , and throughout the United States, state and federal laws protect individuals who have been harmed by another in tort. Negligence lawsuits are based upon these laws which allow injured parties to seek monetary compensation through the legal system. Thousands of Maine personal injury lawsuits are filed in the Maine court system every year.
While some personal injury lawsuits are resolved within months, the vast majority take longer to ultimately compensate personal injury victims in Maine and throughout the United States. Many Maine lawsuits take years before a settlement is reached. Maine lawsuit loans can help.
What Type of Loan is it?
Often referred to as a lawsuit loan, Maine lawsuit loans are not really loans at all. Traditional loans imply repayment at some point in the future. Lawsuit loans in Maine are actually an advance against the settlement proceeds of your case. In other words, you sell a portion of the settlement in advance and promise to repay at the time of settlement.
Because you are selling a part of your potential settlement, lawsuit loans are non-recourse against the plaintiff personally. Maine lawsuit loans are only repaid from the lawsuit. Lawsuit loan companies in Maine and throughout the United States CANNOT pursue repayment against a plaintiff personally under the contract. We only collect repayment if you win your case or obtain settlement money.
How Do Maine Lawsuit Loans Help Plaintiffs?
Many personal injury plaintiffs in Maine need financial assistance at some point during their case, especially if they need time time off work to recover from injuries. Maine lawsuits can take several years and eat up most or all of an average monthly income. This leaves plaintiffs struggling to afford expenses such as:
- mortgage payments
- and other living expenses
Compounding the problem is that financially strong insurance companies intentionally prolong the legal process to encourage struggling plaintiffs to accept “low-ball” settlement offers. Maine lawsuit loans can help.
How to Qualify
The process of obtaining a pre-settlement loan through Fair Rate Funding is very simple.
- Fill out the Quick Application or click the APPLY NOW button on this page. You can also call toll-free 888-964-2224 and one of our representatives will walk you through the process.
- We will contact you the same day to discuss your case.
- With your approval, we discuss your case with your attorney.
- When your case is approved for cash advance, we immediately prepare a document for your signature.
Fair Rate Funding is not just a lawsuit funding company. We act as a direct lender. Our rates for lawsuit cash advances are among the lowest in the business.
Each lawsuit unique, each with its own facts and circumstances. Our underwriting process will assess the likelihood your case will prevail. Based upon that analysis, we offer you an advance against your settlement.
Types of Lawsuit Cases we Fund in Maine
Fair Rate Funding specializes in ME lawsuit funding for the following types of Maine lawsuit loans:
- Car Accident Settlement Funding
- Slip and Fall Lawsuit Settlement Loans
- Burn Case Settlement Loans
- Verdict Lawsuit Loans
- Premises Liability Lawsuit Funding
- Product Liability Settlement Funding
- Settled Lawsuit Loans
- Medical Malpractice Settlement Loans
- Jones Act Settlement Funding
- FELA Lawsuit Funding
- And more…
If You Have Any Questions, Call 888-964-2224
Maine Cities We Serve
It doesn’t matter where you live in Maine, Fair Rate Funding is your best option for Maine lawsuit loans. Below are the major cities in Maine and we are happy to serve them all.
- South Portland
- Cape Elizabeth
- Presque Isle
- Old Orchard Beach
- Old Town
- South Berwick
- New Gloucester
- Bar Harbor
- Carrabasset Valley
- Lincoln town
- North Berwick
- Fort Kent
- North Yarmouth
How to Apply for Lawsuit Loans in Maine
We know you have a choice of lawsuit settlement funding companies and want to earn your business. To obtain Maine lawsuit settlement funding in the quickest and easiest manner, please file out this quick application or call us at 888-964-2224.
We will contact you immediately and begin the process. You can then relax and allow Fair Rate Funding to work for you. We routinely provide settlement funding for Maine lawsuits within 24 hours of receiving the paperwork from your attorney. We are here to help and are at your service.
We provide lawsuit funding services in the following states: Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Maine, Massachusetts, Michigan, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, Wyoming and the District of Columbia.
Thank you for choosing Fair Rate Funding for Maine Lawsuit Funding.