Momentum Funding has a team with over 40 years of combined experience in legal finance and personal injury law. Their mission is to help personal injury clients find financial relief during the stressful and lengthy process of a lawsuit.
Using an online application, clients are able to provide all the information necessary for the claims process and potentially can receive their cash advancement the following day.
A job and credit are not required to be qualified for financial assistance.
They provide non-recourse pre-settlement lawsuit funding and post-settlement funding to clients who are in lawsuits for personal injury or workers’ comp cases. If you lose your case, you don’t owe Momentum Funding anything.
A few of the eligible cases they fund include automobile accidents, nursing home neglect, general negligence, and premises liability.
|50 reviews → 4.2 out of 5 stars|
|BBB||A+ rating, 9 reviews → 4 out of 5 stars|
Customers who had satisfactory experiences with Momentum Funding are saying:
These guys are Awesome. My Family was in need of help and they got right on it. We had funds we requested in less than 24 hours. Very professional and caring company. A major blessing!In April 2018, Kiona J. gave 5 stars on the Better Business Bureau.
On one occasion a team member stayed after hours on a Friday to make sure my client received their funds and then confirmed with me that the client received their funds.In August 2017, Javier H. gave a 5 star review.
Without a doubt the most professional and respectable business I have dealt with in a very long time...In August 2017, Geoffrey P. gave a 5 star review.
Unfortunately, there was also an unfavorable outcome for one customer:
Shelley T criticized the company saying,
Through Credit Karma I found that Momentum Funding ran a hard credit inquiry on me. I had just enough credit to get a non-secured credit card. Now I don't. I never asked them for anything nor did I contact them in any way...Shelley T. left a 1 star review on the BBB profile page.
Marsha M recently left an unfavorable review in August 2019 stating..
I called for addition funding in August 2019 instead of the eager cheerful rep as when I received the first loan, I ended up getting the phone hung up on me twiceMarsha M. left a 1 star review on the BBB profile page.
How Ally Lawsuit Loans and Momentum Funding Compare
When choosing a lawsuit loan lender, it is essential to shop around and compare your options. Here are some of the similarities and differences between Ally Lawsuit Loans and Momentum Funding.
Ally Lawsuit Loans Guarantees the Lowest Rate for Funding
In many situations, the rate of your lawsuit loan depends on the nature of your case. In contrast, Ally Lawsuit Loans guarantees the lowest interest rate in the industry. Momentum does not have a guaranteed interest rate for their funding.
Both Lenders Offer Risk-Free Loans
As with many lawsuit loan companies, both Ally Lawsuit Loans and Momentum Funding offer risk-free funding. If you do not win your case, you owe them nothing.
Both Lenders Approve Applications Within 24 Hours
Ally Lawsuit Loans and Momentum Funding approve applications very quickly. After each company receives paperwork from your attorney, it only takes 24 hours to receive funds in most cases.
Neither Lender Requires a Credit Check
Since lawsuit loan lenders purchase a part of your settlement, they don’t typically require a credit check. Ally Lawsuit Loans and Momentum Funding do not request a credit check when you apply for a loan.
Ally Lawsuit Loans States Loan Amounts Upfront
Ally Lawsuit Loans offers lawsuit funding ranging from $500 and $750,000, depending on the value of your case. Momentum funding does not explicitly state its funding range for typical cases.
Get a Pre-Settlement Funding Quote Today
Contact Ally Lawsuit Loans if life won’t wait for your settlement. We guarantee the lowest rate in the industry and a streamlined application process. Most importantly, our loans are risk-free; you don’t pay us back unless you win your case.