Legal Funding FAQs

No, we offer cash advances, which are issued against a portion of your future settlement rather than your credit or financial information. The funding you receive depends on the details of your case, not your financial history. It also will not go on your credit report.

If you lose your case, you will not be required to pay us back. Our advances are non-recourse, so you are not responsible for any further compensation if your case doesn't result in payment. We take on the risk on your behalf to support you through this challenging process.

At Pegasus, funds are available to you in 24 to 48 hours. We typically make decisions regarding your application within four to six hours after receiving information from you and your lawyer. After review and approval, we will make the cash available to you as quickly as possible. You've waited long enough for payment, so we keep the waiting times short.

You need a lawyer representing your case to qualify for funding through us. A lawyer plays a vital role in reviewing and sharing case details with a funding company to assess eligibility. Having a lawyer on your side also increases your potential for a successful settlement.

At Pegasus Legal Capital, we can help those injured in an accident or incident find a qualified attorney. We have worked with hundreds of law firms and will find a lawyer with the necessary expertise to handle your case.

By offering non-recourse advances, Pegasus frees you from the responsibility of repaying if you lose your case. If you win, we will work with your lawyer to secure the advance from the settlement funds you receive. Afterward, your attorney will distribute the remaining funds to you.