PSC

PSC, or Post-Settlement Credit, refers to a financial arrangement where a borrower receives funds after a legal or contractual settlement, such as insurance claims, litigation, or arbitration. It allows you to access the settlement amount before the official payout is received. This can provide immediate liquidity to cover expenses or invest in opportunities, while the lender or financier takes on the risk that the settlement will be honored. Essentially, PSC acts as a bridge, converting future settlement payments into current cash flow, making it easier to manage financial needs related to ongoing legal or insurance processes.