How Many Pre-Settlement Funding Loans Can I Get?

Get as many pre-settlement loans as your case supports—save without the hassle.

If you have already received pre-settlement funding and need more money on your case, you may be able to apply again. Yes, you may qualify for a second pre-settlement loan or even a third loan, depending on how much remaining value your case still has. Baker Street Funding helps plaintiffs secure multiple funding advances in most states across the country.

Already have a lawsuit loan with another company? If your case qualifies, you may be able to switch, consolidate your current balance, and lock in a lower rate structure going forward. Apply with Baker Street Funding to see whether you qualify for additional pre-settlement funding or a lawsuit loan buyout.

  • Low rates
  • Quick funds
  • No risk
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How Many Pre-Settlement Loans Can I Get

Take out additional funding, consolidate your current advance,  reduce your costs.

At Baker Street Funding, plaintiffs often come to us for additional pre-settlement funding when litigation takes longer than expected or the first advance is no longer enough. That is common when recovery is still ongoing, returning to work too soon is not realistic, and everyday expenses keep building while the case is still pending.

That is why plaintiffs often ask two questions: How many pre-settlement loans can I get? And can I get a second pre-settlement loan with a different lender and lower the rate on previous funding?

In many cases, a plaintiff may qualify for multiple lawsuit loans as long as the case still has enough remaining value to support more funding. Approval depends on factors such as the progress of the case, ongoing medical treatment, the amount already advanced, and whether there are any issues that affect recoverability.

Additional funding usually has to stay with the same funding company because pre-settlement funding is tied to a lien, and most companies do not want to take a second position behind another lender.

While there is no fixed limit on the number of pre-settlement loans you may receive, not every funding company handles second advances the same way. Some decline additional funding, some approve it only at a much higher rate, and some fund too aggressively at the start, which can leave less room for future funding.

If you already have funding elsewhere, the more realistic option is often to consolidate that balance through a buyout and request added funding at the same time, if your case qualifies.

Worried you may not qualify for more funding because you already have a cash advance from another company? Baker Street Funding may still be able to review your case, pay off the existing balance, and determine whether additional funding makes sense.

Get all the pre-settlement loan benefits and lock in a lower rate.

Our pre-settlement funding is structured with simple interest (for most cases) and a 2- to 3-year cap, or 100% of the funded amount, depending on the terms of your contract. In other words, the payoff stops growing once it reaches that contractual cap.

Depending on the case, you may qualify for up to 10% of your case value, with pre-settlement funding available from $1,500 up to $2,000,000. In some post-settlement matters, funding may go up to 20% of the case value.

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You are expected to have hired an attorney on contingency to represent you and attest that you understand our agreement’s terms.

How it works.

 Applying for additional lawsuit funding with Baker Street Funding is similar to the process for your first advance.

step 1

Apply in minutes

If you have already taken out a previous lawsuit loan from Baker Street Funding, all you have to do is call your funding specialist to request more funding and let our underwriters get to work. 

step 2

Case evaluation in 24 hours

Once our underwriters get your case update information from your attorney (and the payoff letter from the previous funder, if applicable), your additional lawsuit loan eligibility is decided within 24 hours.

step 3

Get funding

If approved, we send a clear offer with non-recourse terms. Once you and your attorney sign the agreement, funds are sent—often within 2–24 hours. You repay us only from your settlement. If your case doesn’t recover, you owe us nothing.

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If you come from a different company, complete the application along with the name of the company that has your lien. When we buy out a previous advance, your contract will include the payoff to the first company as well as the new funding you are set to receive. This total amount will now be consolidated at the new lower rate. Once the lawsuit loan agreement is signed by you and your attorney, funds are immediately disbursed.

See our advantages.

If you need additional lawsuit funding quickly, Baker Street Funding works to make the process clear, fast, and efficient. Here are a few reasons plaintiffs choose us when they need another advance on an active case: 

Approval within 24 hours —or even faster.

Getting approved for an additional pre-settlement loan is easily accessible—all you have to do is call 888-711-3599 or apply online. Our funding team will immediately get in touch with your attorney to to gather the information needed to review the case.

If your attorney responds promptly and the case meets underwriting requirements, your additional lawsuit loan approval can move quickly, and funding may be available within 24 hours in many situations.

Fast lawsuit loans
PRE-SETTLEMENT LOANS WITH LOW RATES

Lower rates for additional settlement advances.

Receive a non-compounding monthly rate that generally falls between 2.95% and 3.4%, with a 3-year cap. That structure can help plaintiffs avoid the escalating costs often associated with higher-rate funding.

When reviewing additional funding, we consider factors such as the value of your case, the amount already owed on prior lawsuit loans, and whether ongoing medical treatment has strengthened the claim. Those details help determine both the amount of added funding that may be available and the rate that may apply.

If you already have a pre-settlement loan with another company, your new rate structure may be more favorable, depending on the case and current payoff amount.

Non-recourse funding means risk-free.

loBaker Street Funding provides non-recourse lawsuit funding, which means repayment is only required if you recover money in your case. That is why pre-settlement funding is not the same as a traditional loan from a bank.

If your case does not result in a recovery, you do not repay the advance. Funding decisions are based on the expected strength and recoverable value of the claim, not on your credit score or employment history.

Pre-settlement funding companies

Qualifying for a second pre-settlement loan with Baker Street Funding can help you save.

You can receive multiple pre-settlement loans when your case has enough remaining value to support additional funding. That can be especially helpful when litigation takes longer than expected, treatment continues, or new expenses come up before the case resolves.

If approved, added funding can help you manage necessary expenses while your lawsuit is still active instead of forcing you to wait until settlement.

Fixed 

2% – 3.4% monthly

Capped 

2 – 3 years

Check whether you qualify for more funding or a lower-rate buyout.

If your case still has enough remaining value, you may qualify for a second or third pre-settlement advance. Baker Street Funding reviews factors like the progress of your case, ongoing treatment, the amount already advanced, and whether more funding makes sense based on expected recovery. Even if you already have a lawsuit loan with another company, you may still qualify for additional funding through a buyout and consolidation, subject to approval.

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Learn more.

Yes, you may be able to get a second pre-settlement loan if your case still has enough remaining value to support more funding. Approval usually depends on factors like the progress of your case, ongoing medical treatment, the amount already advanced, and whether there are any issues that affect compensation.

There is no fixed universal limit on how many pre-settlement loans you can receive. What matters most is whether your case still supports additional funding based on its value, status, and the amount already owed on prior advances.

Qualification usually depends on the estimated value of your case, how much funding is already outstanding, whether your treatment or case has progressed, and whether enough remaining value is left to support another advance.

Usually not as a separate second-position advance. If you already have funding with another company, the more common option is a buyout or consolidation, where the new company pays off the existing balance and then reviews whether your case qualifies for added funding.

Yes. If your case qualifies, Baker Street Funding may be able to review the existing balance, assess the case with your attorney, determine whether additional funding is available, and upon approval, pay off the prior funding through a buyout.

Usually, yes. Additional funding typically has to stay with the same funding company because pre-settlement funding is tied to a lien, and most companies do not want to take a second position behind another lender.

Even though we do not control how you use the pre-settlement funds, we generally encourage plaintiffs to take only the amount they truly need. That can help limit the total payoff later.

If your financial situation changes after your first advance, you may be able to apply for additional pre-settlement funding, depending on your case.

The only delay you may experience occurs when your attorney or the other companies refuse to respond to our calls or provide necessary documents in good time. It is always best to work closely with your attorney at all times to avoid any hindrances.

Anyone who has filed a legal claim and has attorney representation (on contingency) can apply to answer the question. 

Depending on the stage of the case, plaintiffs can apply for either pre-settlement loans (while litigation is ongoing) or post-settlement loans (when the case has settled in your favor but you are yet to receive the award).

Most of the cases we fund at Baker Street Funding are civil or cases of injuries that need financing. We work with personal injury contingency attorneys from all over the country to help plaintiffs get the funds they need today. These are some of the most typical cases we finance:

This may interest you.

See some of our settlement funding products.

MEdical bills, rent, groceries and personal injury bridge

Personal Injury Loans

LAWSUIT LOANS

Lawsuit Loans

Car accident loans

Car Accident Loans

Post settlement funding

Post Settlement Funding For Attorneys And Plaintiffs

Attorney funding

Attorney Funding

Litigation funding

Litigation Funding

Full case list

Learn more about pre-settlement funding→

Select a legal funding service to get started. 

Attorney Requests

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Lawsuit Loans

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Litigation Funding

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Personal Injury Loans

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Settled Case Loans

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Surgery Funding

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Or just call us at 888.711.3599 to apply.