At Tribeca Lawsuit Loans, we provide same day pre-settlement funding in the state of South Carolina at very competitive interest rates tailored to the needs of those presently involved in personal injury lawsuits.
Do you need to borrow funds from your pending lawsuit? Tribeca can advance you anywhere from $500 to $2,000,000 in cash, based on the value of your injury lawsuit case. We are well-rated and reviewed by our happy past clients and have a significant presence throughout South Carolina.
We can arrange a cash advance for you within a short period of just 24 hours! Apply Now online or call (866) 388-2288
Our company’s Lawsuit loans (also referred to as case loans or lawsuit funding) can be utilized for any expenses that crop up while your lawsuit is pending and prior to you receiving your rightful compensation from a successful trial verdict or settlement against the defendant.
We don’t require a credit check or proof of income for our lawsuit settlement loans because you’re not required to repay Tribeca if your case is unsuccessful.
Three Steps To Getting Your Settlement Loan
Step 1: APPLY for Lawsuit funding in SC now
Apply for free via our online application. Our lawsuit loan application includes the following process:
- No credit check
- No income verification
- No asset evaluation
- No hidden fees
- No money up-front
Step 2: REVIEW
Our fast and proficient team will review your case. We support many different types of cases including personal injury loans, car accident, premises negligence, workers’ comp, class action and more.
Step 3: FUNDING
Tribeca sends a contract detailing terms of funding. Cash is distributed quickly and securely. You can get your same day pre-settlement loans as soon as your application is approved.
How Can a SC Settlement Loan Strengthen Your Case?
While the wheels of justice grind slowly, insurance companies and defense attorneys work to slow the process further.. This is a deliberate ploy, an attempt to leverage your financial pain against you, hoping it forces you to accept a smaller settlement now, just to make ends meet.
However, getting a settlement loan, AKA legal lending, can help you level the playing field. Basically, you instantly get access to part of your future settlement to meet your current needs.
Having a loan from a lawsuit in your bank account can help you ease the pressure to settle for less than you deserve. With your finances in order, your attorney can take as long as they need to reach a settlement arrangement that works for your needs.
Because Tribeca is invested in the successful outcome of your case, we may provide your attorney with case funding. This funding covers expert witnesses, forensic testing, and other litigation expenses to strengthen your case. In this way, a legal case loan can improve your chances of winning as well as getting a bigger settlement.
South Carolina Pre-Settlement Loan Eligibility
We at Tribeca offer pre-settlement loans/financing for a diverse array of cases in the state. Our legal funding company provides settlement advances to help plaintiffs navigate the Palmetto State’s unique legal landscape.
In SC’s mix of historic coastal cities, bustling urban centers, and rural upstate regions, accidents and legal disputes can arise in various settings. We offer lawsuit cash advances for cases involving:
- Car crashes cases
- Boating accidents along the coast and on popular lakes like Lake Murray
- Truck accidents at major ports like Charleston and inland distribution hubs
- Pedestrian incidents in tourist areas like Myrtle Beach and Charleston
- Golf cart accidents in coastal communities and resorts
- Weather-related incidents, including hurricane and tropical storm-related accidents
- Construction zone collisions in rapidly growing areas
- Public transit accidents in cities like Columbia and Greenville
- Tourist-related incidents at popular beaches and historical sites
Sadly these accidents often lead to severe injuries like traumatic brain injuries, spinal cord damage, and complex fractures. Our pre-settlement financing also covers slip and fall cases at tourist attractions, workplace injuries in manufacturing and agriculture industries, and premises liability claims at events like the South Carolina State Fair.
Beyond personal injury lawsuit funding, we provide legal claim funding for medical malpractice suits, employment disputes in various sectors, and environmental lawsuits. Our litigation advance services even extend to unique scenarios like injuries from textile mill accidents, cases related to the state’s growing automotive industry, and disputes involving coastal erosion or property damage from natural disasters.
Tribeca’s lawsuit financing options ensure plaintiffs can stand up to large corporations or government entities without financial strain, allowing them to seek justice while embodying the state motto: “Dum spiro spero” (While I breathe, I hope).
How Much Can You Get From a SC Lawsuit Loan?
We provide anywhere from $500 to $1 million in legal funding to clients. The amount is directly related to the details of your lawsuit since repayment comes out of your future compensation and not out of your bank account.
How much SC legal funding you get depends on items like:
- The extent of your damages
- How long your lawsuit is expected to last
- Issues related to South Carolina’s comparative negligence law
- The total of your expected compensation package
The Advantages of Settlement Loans in South Carolina
The reason people like you seek settlement loans in the state is that this type of funding is a risk-free way of getting the money you need to cover your costs while seeking justice. You can use legal funding to pay for current expenses using your future settlement. Worried about taking on debt at a time like this? A loan like what we offer poses no risk to your finances!
Pre-settlement funding is risk-free to recipients because of the way the debt is categorized. As non-recourse debt, you are not held personally liable for repayment of settlement loans. Your future settlement is the collateral for the loan, and the legal lender has no recourse to any other source of funds to repay the loan. Instead of your finances, repayment of your lawsuit cash advance always and only comes directly out of your compensation package.
- You do not pay us back if you lose your claim.
- We do not seize any collateral apart from the agreed-upon portion of your compensation.
- You are not locked into any monthly payment plans.
- Your personal finances are never touched as a source of repayment.
Because we will never see a penny of your personal finances, we don’t even ask about them in your loan application. We ask for:
- NO income verification
- NO assets evaluation
- NO credit check
- NO employment verification
Your private financial information stays private! Also, we work directly with your attorney for repayment when your case concludes. This way, you don’t have to worry about the hassle of repaying us. Instead, your attorney simply writes our team a check out of the settlement check they receive from the opposing party in your lawsuit. That’s the entirety of the repayment process!
Do SC Legal Lenders Charge Interest?
Yes, we do charge interest for legal lending. Unlike many of our competitors, we charge a simple, non-compounding interest rate starting at 3% per month. We cannot tell you precisely what the rate will be until we review the facts of your case, but we will disclose the interest rate and all other conditions in a clearly worded contract before finalizing your loan.
Our SC pre-settlement funding application is quick, straightforward, and completely FREE—that means no hidden fees and zero obligations. Just tell us about your case, how much compensation you expect to receive, and your attorney’s contact information.
Once we have all the necessary documents signed, we can have your money deposited into your account within 24 hours.
Laws and Regulations for Applying for Lawsuit Funding in South Carolina
Are Lawsuit Loans Legal in South Carolina?
Yes, lawsuit loans are legal in the state, but they are subject to strict regulations, resulting in only a few legal lending companies, including Tribeca Lawsuit Loans, operating in the state. We are fully licensed to offer settlement funding.
Minimum Funding Requirement and Legal Participation
In South Carolina, due to stringent regulation, lawsuit lending companies have a minimum funding requirement between $500 to $2,000,000. Interestingly, the SC Bar has issued an advisory opinion, confirming that attorneys can participate in these transactions.
Loan Regulations
In the context of regulation, treats pre-settlement funding (and post-settlement funding) similar to traditional loans. As per South Carolina law §34-31-20, loans under $90,000 are subject to an 8.75% annual rate cap. Therefore, no reputable lawsuit loan companies, including Tribeca Lawsuit Loans, offer funding less than $90,000 in South Carolina.
Get South Carolina Lawsuit Loans From Tribeca
If you have an existing lawsuit and believe that you may qualify for a lawsuit loan, consider Tribeca.
We offer pre-settlement funding throughout SC and have given settlement loans in the following locations, as well as surrounding cities and towns:
- Charleston
- Columbia
- North Charleston
- Mount Pleasant
- Rock Hill
- Greenville
- Summerville
- Sumter
- Goose Creek
- Hilton Head Island
- Florence
- Spartanburg
- Aiken
- Myrtle Beach
- Anderson
Our lawsuit funding rate is by far the highest in the industry. Our underwriters will examine your application and get back to you as soon as possible. In some cases, we can provide clients with money in their bank account in as little as 24 hours after approval!
Let Tribeca Lawsuit Loans help you continue your fight for just compensation! Apply online today or call to speak with one of our legal funding specialists.
FAQs
What is the civil lawsuit process typically like in the state?
The civil lawsuit process begins with the plaintiff filing a complaint against the defendant. The defendant then has 30 days to respond with an answer or motion. Pre-trial discovery ensues, followed by possible settlement negotiations or trial. The process can take months or even years, depending on the case’s complexity.
What are the specific regulations around theseloans in the state?
Lawsuit-specific loans are treated as traditional loans. The laws cap the annual interest rate at 8.75% for loans less than $90,000. Due to stringent regulations, reputable funding companies, including Tribeca Lawsuit Loans, generally offer these loans starting from $90,000 to $110,000.
How does the insurance company factor into lawsuit loans?
Insurance companies often try to delay settlement negotiations, hoping plaintiffs will accept lower offers due to financial pressure. With a lawsuit loan, you can better withstand these tactics and give your attorney time to negotiate a fair settlement.
