Though mainly in the business of purchasing structured settlement payments for completed lawsuits, Peachtree Financial Solutions also provides plaintiffs with pre-settlement lawsuit loans. The company can provide you with up to $750,000, depending on the facts of your case.
We want to take time to evaluate Peachtree and give you the facts you need to make an informed decision for your legal funding provider. Spoiler alert: the company was listed on our Top Lawsuit Funding Companies in the U.S. in 2021 list, so we obviously like them.
Getting Legal Funding from Peachtree Financial Solutions
In order to qualify for pre-settlement funding from Peachtree, you’ll have to be involved in a lawsuit as a plaintiff. This means you’ll need to be in line to receive some sort of compensation package at the conclusion of your case.
Unlike other legal funding companies, Peachtree Financial Solutions doesn’t actually provide the lawsuit advance directly. Instead, the company connects you with a lender and facilitates the contract. You might be eligible if you have a lawsuit in one of these areas:
- Personal injury
- Premises liability
- Product liability
- Wrongful death of a loved one
- Medical malpractice
Good News: Peachtree Deals Solely with Non-Recourse Funding
Lawsuit loans facilitated by Peachtree Financial Solutions are non-recourse, which means that the company who provides the funding is limited in how they can pursue repayment. For instance, you don’t have to pay back a dime if you lose your case and you never repay the loan out of pocket. This arrangement also means NO:
- Monthly payments
- Payments from your bank account
- Seizing of collateral, such as property or houses
Instead, you agree to give the lender a portion of your eventual compensation package. That’s why you don’t pay anything back if you lose! This is one way in which lawsuit loans are not the same as traditional lending.
Peachtree Financial Works With Attorneys
Another positive side of Peachtree is that, like us, the company will work directly with your lawyer during the approval and repayment processes. We like companies that do this, as it ensures that the proceedings are ethical and above-board for all involved.
However, we would like to see the company’s involvement and membership in more industry associations. Organizations like the Alliance for Responsible Consumer Funding (ARC) help set ethical standards, promote industry best practices and strengthen legitimacy.
Do Customers Like Peachtree Financial Solutions?
Another important area to evaluate for any lending company is its online presence and its customer reviews. In this regard, Peachtree stands out. Its nearly 100 reviews on Consumer Affairs result in an average of 4.9 out of 5 stars! Clients praise the company for:
- Courteousness and affability
- Speedy delivery of funds
- Ease of process
The Final Verdict on Peachtree
If you’re considering lawsuit loans, Peachtree Financial Solutions is not a bad choice. The company is legit, has more than 20 years of experience in the industry, and can connect you with funders quickly and efficiently.
One minor objection is that you can only get up to $750,000 from Peachtree, whereas we provide up to $1 million. Depending on your specific lawsuit situation and the opposing party in your case, you may need more to level the playing field. Also, it might be best to cut out Peachtree as a “middleman” and go directly to the source.
Apply for pre-settlement funding with Tribeca for free today. We can have the cash you need in your account in as little as 48 hours after approval!