"Along with assisting me to control my cash flow, RapidFunds provides me with fair and reasonable discounts on my settlement funds. In the legal business, incoming settlement revenue is sporadic. Monthly income influx can vary substantially due to the accounting practices of insurance companies and municipalities. I turn to RapidFunds to provide me with a cash flow management solution to deal with these uncertainties." Ken Satin ATLA Member

HOW does it work?

Accelerating settlement funds could not be easier. When your case has settled, give RapidFunds® a call at CFS and request an application be faxed to your office. If you prefer, you may download the application by clicking here. Fill it out and fax it back to Cybersettle Financial Services LLC at (914) 684-2030. A RapidFunds® representative will immediately review your application and contact you.

WHO should use this Service?

Plaintiffs and attorneys, when cases have settled, may choose to assign any portion of:

• The entire settlement
• The plaintiff’s share only
• The attorney’s fee only

WHAT is the nature of the transaction?

RapidFunds® purchases an assignment of the right to receive an assigned portion of the settlement proceeds in return for providing immediate receipt of settlement funds. When the defendant or defendant’s insurer ultimately sends the settlement funds to the plaintiff’s attorney, the attorney will forward the assigned amount to RapidFunds® when the settlement check has cleared in the attorney’s escrow account. Click here to see examples.

WHAT happens if the settlement check doesn’t come?

The assignment of settlement contract with RapidFunds® is a non-recourse transaction. Cybersettle Financial Services LLC assumes the risk of carrier payment, absent fraud in the transaction.

WHY should I use this Service?

RapidFunds® gets you the cash that an attorney or plaintiff may need to meet obligations. In return for an assignment of the relevant amounts, we assume the risks of carrier delay or nonpayment. The attorney and/or plaintiff are able to put the funds to work when it will do the most good – now.

WHO operates RapidFunds®?

RapidFunds® is a product of Cybersettle Financial Services LLC, a wholly-owned subsidiary of Cybersettle, Inc. Please Note: Cybersettle® usage is not a pre-requisite to accelerating funds with RapidFunds®.

WHAT does RapidFunds® cost?

RapidFunds® can advance your lawyer’s fee, client’s share, or both for a low, one-time, fixed discount. Your discount will be determined by our underwriting department’s guidelines and can vary from case to case. For a no obligation quote on a case, please call (888) 927-9500, ext. 5619.

NOTE: There are NEVER any monthly recurring costs or application fees.

As assignee of the settlement amount, RapidFunds® assumes the risk of carrier delay or non-payment absent fraud or misrepresentation. RapidFunds® is entitled to payment when the settlement check finally arrives and clears the attorney’s escrow account. The attorney who settled the case will forward to RapidFunds® the portion of the settlement funds that was assigned.