Get Cash Now From Your Faulty Device Case
What Is a Faulty Medical Device Lawsuit Loan?
A faulty medical device lawsuit loan is a cash advance you receive while your defective device claim is still open. The advance is repaid only out of your eventual settlement or verdict. It is not a traditional loan, because nothing personal is on the hook. Your home, savings, credit, and paycheck stay untouched whether the case wins or loses.
You may also hear it called pre-settlement funding, a lawsuit cash advance, or legal funding. The name changes, the structure does not. The funder buys a portion of your future settlement and is repaid only if there are proceeds. There are no monthly payments, no APR, and no interest charges of any kind. Repayment happens once, at the end, out of the settlement.
That is what separates it from a bank loan, which has to be repaid no matter what. This is non-recourse legal funding, so the funder carries the entire risk, and if your case does not win, you owe nothing. Here is the practical difference:
| Feature | Pre-Settlement Funding | Traditional Loan |
|---|---|---|
| Credit check required | No | Yes |
| Monthly payments | None | Required |
| Interest / APR | None | Yes |
| Repayment if you lose | $0 | Full balance still owed |
| Based on | Case strength | Credit and income |
It works much like the other personal injury lawsuit loans we provide, with underwriting tuned to the realities of defective device and mass-tort claims.
A Faulty Device Case Is a Mass Tort, Not Malpractice
This is the thing most people get wrong, and it changes everything about your case. If a defective device harmed you, the claim is usually not against your doctor. It is a product liability claim against the company that designed, made, and sold the device. When a device hurts many people, those claims behave very differently from an ordinary injury case, and that is exactly why they take so long and why funding helps.
You Sue the Manufacturer
A faulty device claim is product liability against the company that made and sold the device, such as C.R. Bard or Boston Scientific, not malpractice against your physician. Different defendant, different law, and much deeper pockets.
Thousands of Plaintiffs, One Case
When one device hurts many people, the cases are pooled into multidistrict litigation, or an MDL. It makes the fight powerful but slow, often running several years through test trials before any settlement is reached.
The 510(k) Shortcut
Many devices reach the market through the FDA’s 510(k) clearance, which lets a product skip full safety testing by claiming it is similar to an older one. It is a big reason defective devices slip through and end up in court.
Because these are mass torts that move slowly and often settle in tiers years down the road, plaintiffs wait a long time while their medical bills and lost wages pile up. That wait is when people feel pressure to drop out or accept a low early offer. Pre-settlement funding bridges the gap, so you can stay in the case and let your attorney push for full value. If a doctor or hospital, rather than the device itself, was at fault, that is a medical malpractice claim, which we also fund.
Defective Devices We Fund
We fund cases involving the implants and devices below. Several have dedicated pages with more detail.
IVC Filters
Blood-clot filters that can fracture, migrate, or perforate organs. We have a dedicated IVC filter funding page with the full details.
Hernia Mesh
Surgical mesh that can erode, adhere, or cause infection and chronic pain, often requiring revision surgery. See our hernia mesh funding page.
Essure
The permanent birth-control implant linked to perforation, migration, and chronic pain. Our Essure funding page covers these claims in depth.
Hip & Knee Implants
Metal-on-metal hips and failed knee replacements that loosen, shed metal debris, or fail early and require painful revision surgery.
Surgical & Pelvic Mesh
Transvaginal and pelvic mesh used for prolapse or incontinence that can erode and cause severe, lasting complications.
Other Implants & Devices
Pacemakers and defibrillator leads, CPAP and breathing machines, insulin pumps, and other implants that fail or are recalled.
If your device is not listed, you may still qualify. Apply and we will review it with your attorney.
Who Qualifies for Medical Device Funding?
- You suffered documented injuries or complications from a defective medical device or implant, often requiring revision or removal surgery.
- You are represented by a contingency-fee attorney, including a firm handling the device’s mass-tort or MDL litigation. We coordinate the whole transaction with your law firm.
- There is a solvent defendant to recover from, which in these cases is the device manufacturer.
- You are 18 or older and a resident of the United States.
You do not need good credit, proof of income, a co-signer, or money for an application fee. Bad credit, no credit, or a past bankruptcy do not affect approval, because the case is the only thing we underwrite.
How Medical Device Settlement Loans Work
Getting funded is simple and fast. Our pre-settlement funding process is built to help you quickly, without adding stress.
- Apply online or by phone. Fill out our short application with basic case information, or call 888-335-3537 to apply over the phone. It takes a few minutes.
- We review your case with your attorney. Your attorney provides the case details, device records, and medical records, and we evaluate the strength of your claim and its likely settlement value. This usually takes 24 to 48 hours.
- Get approved quickly. Most applicants are approved within one to two business days. No credit check, no employment verification.
- Receive your funds. Once approved, money is sent directly to you, usually within 24 to 48 hours. Use it immediately for any expense.
- Repay only if you win. If your case settles or wins at trial, repayment comes from the proceeds. If you lose, you owe nothing. The risk is entirely ours.
Why Choose America Lawsuit Loans
We fund injured patients in defective device and mass-tort cases nationwide, and we understand how slowly these MDLs move and how long a settlement can take. What you get from us:
- True non-recourse funding. You repay only if you win. Lose, and you walk away owing nothing.
- No credit score required. Approval is based on case strength, not your financial background.
- Fast approvals and funding. Most applications are reviewed within 24 hours, with funds in one to two business days.
- A clear, written agreement. You see exactly what you would owe back at each stage before you sign anything. No APR, no monthly payments, no surprises.
- More funding if the case runs long. These cases can take years. If you need more later, you can apply for an additional advance as the case progresses.
Most clients put the funds toward revision or removal surgery, ongoing treatment and prescriptions, rent or mortgage, utilities, groceries, transportation, and other day-to-day bills. A device case can take years to resolve, and your life should not be on hold while you wait for a fair recovery.
Faulty Medical Device Lawsuit Loan FAQs
Are faulty medical device lawsuit loans real loans with interest?
No. These are non-recourse advances, not traditional loans. There is no APR, no monthly payment, and no interest-bearing balance. You owe nothing if your case loses, and repayment only happens if you win or settle, out of the proceeds. Learn more in our settlement funding FAQs.
Is a device case the same as medical malpractice?
Usually not. If the device itself was defective, the claim is product liability against the manufacturer, and it often joins a larger mass-tort or MDL proceeding. If your doctor or hospital made a mistake, such as implanting the wrong device or making a surgical error, that is a medical malpractice claim instead. We fund both. Your attorney will tell you which one fits your situation.
My case is part of an MDL or class action. Can I still get funded?
Yes. Mass-tort and MDL cases are some of the most common cases we fund, precisely because they take so long. We review the strength of your individual claim with your attorney, including your injuries and where your case sits in the litigation. Being part of a larger group does not prevent funding.
What does it cost, and what are the fees?
The cost is a fixed fee that is set when you take the advance and disclosed in writing before you sign. It is capped, so you know the most you could ever owe back on the day you sign, and the amount depends mainly on how long your case takes to settle. There are no monthly payments and no prepayment penalty, so settling earlier costs you less. Before you sign, you should see a clear chart of exactly what you would owe at different settlement dates.
Do I need an attorney to apply?
Yes. You must have an attorney handling your device claim on a contingency-fee basis, which includes firms running the device’s mass-tort litigation. We work directly with your legal team to review the case and handle the paperwork.
What if I lose my case?
You repay nothing. The funder absorbs the entire loss. That is what makes this non-recourse: the financial risk is entirely ours, not yours.
How much can I get, and how long do device cases take?
Amounts vary by case value and stage, usually kept at or below 10% to 20% of your expected net settlement. Because device cases can run several years through an MDL, many plaintiffs take a smaller draw now and request more later, which keeps total fees lower. Severe-injury cases with revision surgery can support larger advances.
What can I use the money for?
Anything you need. There are no restrictions. Most clients use it for revision or removal surgery, ongoing treatment and prescriptions, rent or mortgage, utilities, groceries, transportation, and other everyday bills while the case is pending.
