Workers' Compensation Loans

You can get funding from your workers’ compensation insurance claim if you have an attorney on contingency; your employer has a workers’ comp insurance, and you live in a fundable state.

The states that qualify for a workers’ compensation loan are Alaska, Florida, Iowa, Louisiana, Montana, Rhode Island, Washington, and Wyoming.

The states we currently offer workers’ compensation loans are subject to change at any time and without notice.

If your employee settles, your workers’ compensation settlement can be paid in a lump sum or a structured settlement agreement.

But if your employee doesn’t want to negotiate or settle at all, you can end up in a workers’ comp lawsuit or hearing in trial.

Once the judge decides on how much you should get for your workers’ compensation settlement, the insurance company pays the claim.

From this point on, your workers’ compensation attorney will pay the settlement lender the monetary assistance they gave you.

Because of the time gap between the start of your workers’ comp case until it finally resolves, injured employees recur to pre-settlement funding for financial help.

The chances are that you have heard or come across the famous saying that “one can never be too careful.” While this statement is intended to make an employee’s safety cautious and more aware of the work environment, the fact is that work accidents still happen.

Getting a workers’ compensation settlement is often protracted because of the increasing cases of employment accidents, injuries, and even deaths. And because bills won’t stop piling up and you will need money to take care of your health and other urgent needs, sitting on your hands is usually not a great option.

If you or someone close to you is involved in an accident and get injured while discharging their duties, you are entitled to get compensation or damages from your employer. Even though these claims allow you to get a settlement for the injury, loss of wages, incapacitation, or death of a loved one, they often take a long time to settle.

If you are receiving workman’s comp (or workers’ compensation benefits) and have substantial workplace injuries, you may be able to qualify for funding.

Some of the injuries we mostly fund are:

• Broken bones and fractures
• Permanent physical disability
• Impairment
• Amputation
• Catastrophic injuries
• Knee injuries
• Traumatic brain injuries
• Vertebrae fractures
• Disfigurement
• Burn injuries
• Neurological disorders

Baker Street Funding will provide funding to most injured employees pending approval. The following are some of the types of workplace accident insurance claims we fund:

• Airline & Airport employees
• Government agency employees
• USPS workers
• Union workers
• CVS, Wallgreens workers
• Target and Wallmart employees
• Construction workers
• Bus Drivers
• Healthcare staff
• Energy employees
• Auto mechanics
• Railroad laborers
• Truck Drivers