Settling your case is a milestone, but it is not the finish line. Moving from
settlement to cash in hand takes time, sometimes as long as six months.
RapidFunds® accelerates the receipt of settlement funds, so successful
plaintiffs and attorneys can have access to the money they need, when they need
it.
It’s as simple as that. When a settlement is confirmed and an assignment
application is completed, RapidFunds® can provide either the full amount, or an
agreed-upon portion of the attorney’s fee, the client’s proceeds or both,
slightly discounted from the full value of the funds. In return, a
corresponding portion of the attorney’s fee, client’s proceeds, or both are
assigned to RapidFunds®. RapidFunds® undertakes the wait for the carrier’s
check, allowing you and your client to put the lion’s share of the settlement
to near immediate use.
When an application is approved, the lawyer and/or claimant has the option to receive immediate funds by check or via CyberPay™ (RapidFunds’® expedited wire transfer service).
RapidFunds® grew out of Cybersettle®, which has been providing settlement
services to trial lawyers for over six years. Cybersettle® discovered that its
clients needed not only accelerated settlement, but also accelerated payment.
RapidFunds® provides expedited settlement funds to plaintiffs and attorneys
upon approved application.
Please note: Cybersettle® usage is not a
pre-requisite to accelerating funds with RapidFunds®.