How is the cash advance from Cash Now Funding different than a bank loan?
A bank will normally only lend you money if you have a home, car or something of value to use as collateral. A loan also must be paid back in full with interest and usually requires monthly repayment. Cash Now Funding makes a full risk investment in your case by providing you a cash advance in exchange for a partial interest in your settlement. Cash Now Funding gets repaid only when and if your case settles. If your case fails, Cash Now Funding loses its money. Banks and lending institutions would ordinarily never accept this risk.
