Traditional loans are unconditional and require repayment. An advance requires no monthly payments and does not have a term. Traditional loans require monthly payments and terminate at some predetermined point in time. An advance does not have monthly interest. Advance approval is based on the merits of the case and does not require favorable credit status.
Traditional loans require good credit history.
How It Works Advance funding works similar to how a personal injury attorney is paid. Similar, a personal injury attorney will render legal services with payment contingent on the results of the case.