The startup provides capital solutions specifically designed for law firms and their plaintiffs, offering funding services such as pre-settlement advances and commercial financing. By facilitating access to necessary funds, the company enables law firms to manage cash flow effectively during litigation and corporate transactions.
Funding
$7.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Plaintiffs and law firms often face financial constraints during lengthy litigation processes, hindering their ability to cover essential expenses and pursue cases to their full potential. Traditional financing options may be inaccessible or unsuitable for the unique needs of legal proceedings.
Solution
Mustang Litigation Funding provides capital solutions for plaintiffs, law firms, and businesses involved in litigation. The company offers non-recourse cash advances to plaintiffs awaiting settlements, allowing them to manage living expenses and medical bills without the pressure to settle prematurely. For law firms, Mustang Funding provides working capital to cover case costs and invest in essential resources, enabling them to handle complex cases effectively. Additionally, Mustang Funding offers commercial funding options, including medical lien receivables financing and special situations investing, to support business growth and liquidity during legal disputes.
Target Audience
The primary target audience includes individual plaintiffs involved in civil lawsuits, law firms requiring capital for case expenses, and businesses seeking funding to sustain operations during litigation or to capitalize on special investment opportunities.
Features
- Non-recourse cash advances for plaintiffs, meaning repayment is only required if the case is won or settled
- Funding for a wide range of civil cases, including personal injury, car accidents, employment law, and labor law
- Streamlined application process with approvals typically within 24 hours
- No credit checks or employment verification required for pre-settlement funding
- Flexible use of funds for medical bills, living expenses, and legal fees
- Medical lien receivables financing to help healthcare providers receive payments for services rendered to personal injury patients
- Special situations investing for businesses needing capital injections during unique circumstances like bankruptcy or mergers