How Many Times Can I Apply for Pre-Settlement Funding?

There is no limit on the number of times you can apply for funding. You can apply multiple times on the same case or apply for funding across different cases. Each application is underwritten independently.

There is no hard limit on how many times a plaintiff can apply for pre-settlement funding, either on the same case or across multiple cases. If your initial advance is not sufficient to cover your expenses through the remaining duration of your case, you can apply for an additional advance. If you have multiple pending lawsuits, you can apply for funding on each case independently.

Additional advances on the same case — sometimes called a second draw or top-up advance — are underwritten against the remaining net recovery after accounting for all existing advance balances. The funder will confirm that the combined repayment (original advance plus new advance, plus accrued interest on both) does not exceed the fundable portion of the expected net settlement.

There is one important constraint: you cannot receive unlimited advances on a single case. As your outstanding balance grows relative to the expected net recovery, the fundable equity in the case shrinks. At some point, the outstanding balance and projected repayment will consume the entire projected net recovery, at which point no additional advances are supportable — regardless of how many times you apply.

Each application — first, second, or third — requires your attorney's cooperation with the underwriting process. Make sure your attorney is aware of each application and is prepared to cooperate with the case review. Having multiple advances outstanding from different funders simultaneously can create coordination complexity at settlement.

Contact Criterica Capital to discuss your specific situation, including whether additional funding on your existing case is available.

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