Funding for your Clients
Cherokee Funding will provide your clients with non-recourse pre and post-settlement cash advances to pay for their life needs. Cherokee also provides medical and surgical financing so your clients can get the medical treatment they need.
Pre-settlement funding allows your client to pay for their necessary expenses and medical bills while you work to build their case and get them a fair and full reward. By removing the pressure to settle early for a smaller settlement simply to pay off mounting debt, Cherokee Funding benefits both the plaintiff and you, the attorney — they receive a larger award and your fees are protected.
Cherokee’s Plaintiff cash advances and medical funding are not loans – they are non-recourse advances against pending lawsuits. If a case fails to see an award, your clients do not pay back a penny of their advance.
At Cherokee, we will never overfund your clients. We will only approve our clients for 10-15% of their estimated award amounts so that that repayment of their funding and usage fees won’t dip far into their settlement. We’ve found that this amount of money is appropriate to allow them pay their urgent expenses and bills while still providing them with a considerable award when their case is realized in court.
While we want to fund clients, we will never fund your clients without talking to their attorney first. We want to provide clients with enough funds the pay their urgent expenses and bills but leaving them the maximum amount possible from their award. .
Our application and approval process is fast, simple and hassle-free. We never perform employment verification or a credit check. And, our contracts are written to protect you and your client in the case that there is no award from your case.
Typically, Cherokee can fund any case with proven negligence, compelling liability, a defendant with an established ability to pay a potential settlement and appropriate damages documentation will qualify.
Cherokee’s reputation is the best in the industry. And for good reason. We have thousands of satisfied clients. And, we take pride in our membership with the American Legal Finance Association (ALFA) and adhere to best practices for underwriting considerations, issuing cash advances and collecting repayment. An ALFA affiliation ensures you are working transparently and with the industry’s best.