High Rise Financial LLC, a prominent provider of pre-settlement funding, has opened a new office in Philadelphia, Pennsylvania, marking a significant expansion of its services to plaintiffs awaiting legal settlements. The new location at 1635 Market Street, Suite 1620, Philadelphia, PA 19103 will provide regional support to both individual plaintiffs and partnering law firms throughout the Mid-Atlantic region.
The expansion comes at a time when increasing numbers of personal injury and civil litigation cases are creating financial strain for plaintiffs during lengthy legal proceedings. Mark Berookim, co-founder of High Rise Financial LLC, stated that Philadelphia's vibrant legal market and growing need for pre-settlement funding made the city an ideal location for expansion. The company's mission focuses on providing ethical, transparent, and timely financial support to clients during difficult legal processes.
Pre-settlement funding serves as a critical financial lifeline for plaintiffs who face mounting bills and lost income while their cases progress through the court system. High Rise Financial specializes in offering fast, non-recourse cash advances that allow clients to cover essential living expenses and maintain financial stability throughout litigation. This service is particularly valuable for individuals involved in personal injury, wrongful death, medical malpractice, and other civil lawsuits who might otherwise face financial hardship during extended legal proceedings.
The Philadelphia office represents High Rise Financial's continued commitment to local service and geographic expansion, joining the company's established presence in Newark. This strategic move enhances the company's ability to serve the Mid-Atlantic region while addressing national demand for reliable legal funding services. The new location will offer in-person resources and regional support, providing plaintiffs with more accessible options for financial assistance during challenging legal circumstances.
The expansion reflects broader industry trends as more plaintiffs seek financial solutions during extended litigation periods. High Rise Financial's approach emphasizes clear terms, fast approvals, and client-first service, positioning the company to meet growing demand in the legal funding sector. The company maintains its focus on ethical practices and transparent operations, ensuring clients understand the terms of their funding arrangements while receiving the financial support needed to navigate complex legal processes.
