When comparing Pegasus Legal Capital and Mustang Funding, which is right for you will depend on your legal situation and your role. Generally, Pegasus Legal Capital is an outstanding choice for individuals who have a civil lawsuit pending and need funds.
Mustang Funding might be more appealing to law firms, businesses, and organizations that need pre-settlement funding. When making your decision, it is important to weigh the pros and cons as well as recognize the strong points for each company.
If you need personal injury pre-settlement funding while you await your settlement, our team can help. We have been assisting people with their legal funding needs since 2007. Call today and find out how we can help when you need cash the most.
What Is Pre-Settlement Funding?
Pre-settlement funding is a financial service that offers cash advances to plaintiffs with pending lawsuits before the case is settled or resolved. It helps cover essential living costs like rent, medical bills, or groceries during a potentially lengthy legal process.
If you are injured in an accident, you may be able to recover damages, but it can take time. Through pre-settlement funding, you can get the cash you need to live on until your settlement comes through.
This is not a loan. This type of funding is non-recourse, meaning you only repay it if you win or settle your case. If you lose, you owe nothing. Because repayment depends on the outcome of the case, qualifying for funding depends on the strength of your case, not your credit score.
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Benefits of Pre-Settlement Funding
Whether Pegasus Legal Capital or Musting Funding is right for you will depend on your needs and which benefits of pre-settlement funding are right for you.
No Risk if You Lose
Both companies offer non-recourse funding. These are not loans. You only repay the advance if you win or settle your case. If you lose, you owe nothing.
Immediate Financial Relief
Pre-settlement funding offers immediate financial relief and no limits on how you can spend the cash. For many people, this gives them the funding to pay for:
- Rent or mortgage
- Medical bills
- Groceries and utilities
- Car payments or repairs
Pegasus Legal Capital offers approval within hours and can get money in your hands within 24-48 hours. Mustang Litigation Funding features same-day approval and can transfer funds about a day after you sign your agreement.
No Monthly Payments
Unlike a loan, there are no recurring payments while your case is ongoing. Repayments occur only from your future settlement.
Take the Power Away From Insurers
Insurance companies often delay settlement offers to pressure you, hoping you’ll take a lower settlement if you need money desperately enough. Pre-settlement funding gives you breathing room, so you don’t feel forced to accept a lowball offer.
No Credit Check or Employment Verification
Because these are not loans, you don’t have to go through the usual application hassles. Approval is based on the strength of your case, not your credit score, income, or job status.
Attorney Coordination
Obtaining pre-settlement funding usually requires working with an attorney. Your attorney interacts directly with the funding company, making the process easy and hands-off for you.
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About Pegasus Legal Capital
Pegasus Legal Capital is a legal funding company that offers non-recourse cash advances to individual plaintiffs involved in personal injury and civil litigation. Pegasus focuses solely on plaintiff-side funding and does not offer services for law firms or vendors.
- Over 15 years in business
- Quick, transparent funding
- Typically provides decisions within hours and disbursements within 24–48 hours
- Competitive fees
- Repayment is only required if the plaintiff wins or settles the case
Your pre-settlement funding consultation is free — contact us today!
About Mustang Litigation Funding
Mustang Funding is a litigation finance company that provides non-recourse advances to plaintiffs, law firms, vendors, and medical providers.
- Founded in 2018
- Has funded over $170 million across thousands of cases, including mass tort and commercial litigation
- While they provide pre-settlement funding to individuals, their standout offering is law firm and portfolio financing
- They emphasize ethical underwriting, only funding cases where their involvement benefits all parties
- Fee structures are typically customized and not publicly posted
Pegasus Legal Capital or Mustang Funding?
Whether Pegasus Legal Capital or Mustang Funding is right for you depends on your goals and your role. It’s important to do your own research, speak with your attorney, and draw your own conclusions when it comes to such an important decision. Some key points to consider:
- Choose Pegasus Legal Capital if you’re an individual plaintiff needing fast, transparent cash advances with low monthly fees and broad U.S. availability. While they can fund up to $6 million if needed, it’s ideal for straightforward funding needs.
- Choose Mustang Funding if you’re a law firm, vendor, or have a complex or high-value case. They offer portfolio and post-settlement financing, with ethical, institutional backing and tailored terms. While less transparent on pricing, Mustang is suited for larger-scale litigation funding.
To further explore your option for pre-settlement lawsuit funding, reach out to Pegasus Legal Capital today. We’re here to get you through this difficult time as your trusted legal funding partner. Contact us today for a free consultation to talk about your legal funding challenges.
Your pre-settlement funding consultation is free — contact us today!
