Pre-Settlement Lawsuit Loans For Plaintiffs Nationwide

Get a risk-free pre-settlement loan for your lawsuit—fast.

A pre-settlement loan is a financial solution for plaintiffs who need help paying bills and making ends meet as they pursue their personal injury lawsuit to a successful conclusion. Apply for a quick lawsuit loan online and get the lowest interest rates starting at 2.95% to 3.4% monthly (simple), with a 3-year cap in as little as 24 hours. Choosing Baker Street Funding helps you save money on your settlement and regain financial stability. 

PRE-SETTLEMENT LAWSUIT LOANS
Loans on pending lawsuits

Why get a lawsuit loan from Baker Street Funding?

When you are dealing with financial difficulties during a lengthy personal injury lawsuit, you may be overwhelmed with meeting your most basic expenses. The settlement process can be time-consuming and stressful, often taking several months or even years to conclude successfully. Baker Street Funding offers non-recourse lawsuit loans against lawsuit settlements in 42 states to assist plaintiffs in their time of need. 

Our highly skilled team of lawyers assesses the most complex personal injury cases in the nation and makes funding decisions within 24 hours. During the evaluation process, our team of legal experts will work closely with your personal injury attorney to maximize your loan benefits and secure a fair deal.

As a trusted and top-rated leader in the lawsuit funding industry, it is our goal to cut your pre-settlement loan costs in the best way possible. We’ll tailor your funding so that you only borrow what you absolutely need to stay afloat. Unlike several lenders, we guarantee transparent and reliable lawsuit loans free of hidden fees and surprises along the way.

Additionally, Baker Street Funding can match or buy out any current or pending lawsuit loan contract or give you a better rate.

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How do lawsuit loans work?

A lawsuit loan, or pre-settlement funding, is a non-recourse cash advance that lets you borrow money against your future settlement or lawsuit award. This financing option helps cover medical bills and other expenses while the case gets resolved. Typically, you can borrow between 10% and 20% of your estimated settlement value if your case has the potential to win.

While some states regulate interest rates for lawsuit loans like traditional bank loans, in most states, there are no restrictions. Regardless of the state, this type of loan will always carry higher interest rates than regular loans. This is due to the inherent risk of non-payment if the case is lost.

Before agreeing to a lawsuit loan, speak to your attorney and carefully consider the terms and rates associated with the advance. If you win your case and get a settlement, you’ll have to repay the loan, plus interest and fees, out of your settlement proceeds.

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The difference between lawsuit loans and traditional loans.

A lawsuit loan offers an alternative funding method for injured plaintiffs who don’t quite fit the criteria of conventional financial institutions such as banks or credit unions.

Access Cash without Repayment Obligations

The repayment of your advance is contingent on the outcome of your case. You only pay back what you borrowed if your lawsuit is successful and you receive a settlement, or an award.

Access Financing without Repayment Obligations

The repayment of your advance is contingent on the outcome of your case. You only pay back what you borrowed if your lawsuit is successful and you receive a settlement or an award. 

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Qualification—Regardless of Credit or Income

One of the major advantages of pre-settlement funding is that your credit score does not play a part in the decision-making process. Unlike traditional loans such as banks, or personal loans, lawsuit loans are based on the future settlement of your case, rather than your current financial situation.

Easy Qualification—No Credit Check or Income Verification Needed

One of the major advantages of pre-settlement funding is that your credit score does not play a part in the decision-making process. Unlike traditional loans such as banks, or personal loans, lawsuit loans are based on the future settlement of your case, rather than your current financial situation.

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Freedom from Monthly Payments—or Recurring Bills

Not only can you secure funds without disclosing your financial profile, but you also won't have to worry about making payments every month, late fees, accumulating debt, or unexpected costs associated with traditional financing methods.

Freedom from Monthly Payments—A Lawsuit Loan To Relieve Financial Stress

Not only can you secure funds without disclosing your financial profile, but you also won’t have to worry about making monthly payments, late fees, accumulating debt, or unexpected costs associated with traditional financing methods. ​

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You Won't Risk Losing Anything You Own If You Lose

Personal liability is not a concern with lawsuit loans, as it guarantees the safety of your assets such as your car or house, even if you lose your case.

You Won’t Risk Losing Anything You Own If You Lose

Personal liability is not a concern with lawsuit loans, as it guarantees the safety of your assets such as your car or house, even if you lose your case.

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Types of cases we fund.

A lawsuit loan, also known as non-recourse funding, comes in the form of pre-settlement funding and post-settlement funding and is available for various types of civil claims. Some companies offer personal injury lawsuit loans, while others focus on car accident cases. Whether you’re dealing with wrongful imprisonmentwrongful deathtruck accidentnursing home negligenceslip and fallmedical malpractice, legal funding provides financial support when you need it. You can cover immediate expenses like medical bills and day-to-day living costs during the course of your case.

The pre-settlement funding application process in 4 easy steps.

At Baker Street Funding, we know that waiting for a pending lawsuit to resolve can be tough, especially when you need money urgently. That’s why our pre-settlement funding process is simple, reliable and fast to get you the money you need as quickly as possible.

Lawsuit loan benefits.

A lawsuit loan is a bridge that connects personal injury victims to the justice they deserve. Here’s how it can benefit you:

Faster Cash Availability 

One of the benefits of lawsuit loans is that they provide a faster and less restrictive alternative to traditional financing. This can be very beneficial if you are struggling financially and need some extra cash flow promptly to help you fight your case.

Additional Funding 

As your case progresses, you can secure additional funding for the same lawsuit as long as the requested amount is less than 20% of your estimated settlement. This flexibility ensures you have access to funds whenever you need them.

Flexible use of Funds

There are minimal limitations on how you can use your funds. Whether it’s paying medical bills, covering essential expenses, child support, utilities, transportation, or addressing other emergencies, you have the freedom to use your funds for all your financial needs.

A Fair Settlement. 

Lawsuit loans can reduce financial pressure during a legal case, preventing the need to settle for less due to financial strain. Having enough funds to support your case, increases the chances of seeking a favorable settlement from the insurance.

Choose the right lawsuit loan company to avoid predatory lending.

There are many reasons why you might need extra money when you are waiting on a lawsuit. You may be facing medical costs, unexpected expenses, or even the loss of income due to your injury. However, you do not want to make any important financial decisions and pay more than you should once your case is won.

When selecting a lawsuit loan company, consider the company’s reputation, level of experience in personal injury litigation, speed of approval, and rates or fees. Since the federal government does not regulate lawsuit loans, there are limited state consumer protections, so exercising caution is essential. Manage the lawsuit loan responsibly and read the loan contract carefully. Additionally, only borrow what you need, know the fees and terms, seek guidance from your legal counsel, and ensure that interest rates are capped and non-compounding.

Remember, pre-settlement advances from the best lawsuit loan companies in the United States help avoid the pitfalls of funding your case through predatory lenders. The best pre-settlement loan companies can close a transaction for you in as little as 24 hours. Being recognized as the best lawsuit funding company nationwide, Baker Street Funding prioritizes transparency and helps you find the right cash advance fast.

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Baker Street Funding Other Lawsuit Lenders
Funding Amounts $1,500 - $2MM Up to $250,000
Cap 3-year cap No cap
Monthly Rate 2.95% - 3.4% (simple) 2.95% - 5% (compounding)
Underwriting Time 24-48 hours 5 - 7 days
Contracts Costs as advertised Show another number on contract

Low-interest lawsuit loans—a financial solution for plaintiffs.

The cost of the typical lawsuit loan company is high, and this can be frustrating for cash-strapped plaintiffs who shouldn’t have to bear this burden. Luckily, we can provide you with a risk-free lawsuit loan with a low-interest rate so you can cover living expenses without worrying about how much the loan will cost when your case resolves. At Baker Street Funding, we believe that all cash advances for civil lawsuits should be protected, which is why we offer a 2 to 3-year loan rate cap with simple interest. This means if the length of time it takes to get a settlement or judgment is over two or three years, your interest will completely stop after that cap is reached. Fund your case with Baker Street Funding and get the lowest rates available. Want an even lower rate? Have your attorney refer your case to us. Some of our clients have seen savings as high as 22% a year by working with us. We could help you save hundreds—or even thousands— of dollars on interest.

The cost of the typical lawsuit loan company is high, and this can be frustrating for cash-strapped plaintiffs who shouldn’t have to bear this burden. Luckily, we can provide you with a risk-free lawsuit loan with a low-interest rate so you can cover living expenses without worrying about how much the loan will cost when your case resolves. At Baker Street Funding, we believe that all cash advances for civil lawsuits should be protected, which is why we offer a 2 to 3-year loan rate cap with simple interest. This means if the length of time it takes to get a settlement or judgment is over two or three years, your interest will completely stop after that cap is reached. Fund your case with Baker Street Funding and get the lowest rates available. Want an even lower rate? Have your attorney refer your case to us. Some of our clients have seen savings as high as 22% a year by working with us. We could help you save hundreds—or even thousands— of dollars on interest.

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Ready to get started? It’s easy.

Applying for a lawsuit loan with low rates and transparent terms is a breeze with Baker Street lawsuit money lender. Simply call (888) 711-3599 to speak with one of our U.S.-based funding specialists, and your application can be completed in minutes. Unlike other companies, we charge only simple interest and there are no hidden fees. Your application carries no commitment until a contract is signed. Take the first step towards financial assistance by applying for funding today and experience fast approval.

Lawsuit loan FAQ.

On average, Baker Street Funding provides fixed interest rates, and they vary from 2.95% up to 3.4% per month. However, your rate will ultimately depend on the risks and complexity of your claim—stronger cases tend to unlock lower rates. 

A fixed interest rate on a lawsuit loan stays the same for the life of the loan. Plus, you will get a 2-3 year capped rate. Say, for instance, if your case takes longer than two or three years to settle or resolve, you won’t have to pay extra interest on the loan. A cap protects you from unreasonably high costs that can eat up your financial compensation when it is time for repayment.

Want to calculate how much funding will cost you? Check out our Lawsuit Loan Calculator.

Yes, you can apply for a lawsuit cash advance even if you have already received funding from another company. However, this will depend on the specific circumstances and agreements involved. You should disclose any existing funding arrangements during the application process so that the lender can assess your eligibility.

Yes. Securing a loan from your eventual settlement is only possible if you have retained an attorney who is willing to participate with the lender and sign off on the financing agreement.

Yes, you can still get a lawsuit loan if you have bad credit or even if you are currently employed because they are not determining factors for eligibility. 

With non-recourse lawsuit loans from Baker Street Funding, you can have peace of mind even if your lawsuit settlement fails to materialize. Unlike conventional loans, if your lawyer is unable to win your case, you are not obligated to repay the lawsuit loan. 

Baker Street Funding does not view the loan as a recourse debt. This ensures that your credit report and score remain unaffected no matter what the outcome of your case may be.

Rest assured that with our non-recourse funding, you are protected from financial burdens in the event of an unsuccessful lawsuit settlement.

The repayment process is managed by your attorney, who will disburse the funds, along with interest and charges deducted from the total amount, 3 to 14 days after receiving your settlement money or award.

If you have a lawsuit loan with another company, Baker Street Funding can offer you the ability to consolidate your previous loan and save money on your future payment. We can buy out any previous advance, pay it off, and cut your rate, no matter the amount. Get a much lower consolidated rate for your 2nd or 3rd loan.

Baker Street Funding can qualify you for legal funding if you’re 18+, have an attorney, and have an employment dispute, a civil rights case, or a personal injury lawsuit worth $50,000+.

Pre-settlement lawsuit loans can provide the financial support plaintiffs need to cover their bills and living expenses while their litigation is ongoing. This can help them resist the pressure to accept an undervalued settlement and give their attorney the time needed to negotiate a fair settlement.

You can get as many lawsuit loans as your case allows. Strong claims can qualify for additional funds when needed. While not all cases support multiple advances, 80% of claims at Baker Street Funding come back for more money.

Learn more: How Many Loans Can I Get For My Lawsuit Settlement?

In most cases, your funding application will be accepted if you have already settled your case for over $50,000.

Filing for bankruptcy, owing money to the IRS, and owing child support may impact your eligibility for a lawsuit advance.

The reason for this is that these outstanding liens will automatically be collected from the monetary recovery of your case, and your attorney must pay them before they pay the lender.

When evaluating a lawsuit funding decision, underwriters take into account several factors, including:

  • Liability: The plaintiff’s attorney’s ability to prove fault and establish damages is crucial in assessing the strength of your case and securing a lawsuit loan.
  • Percentage of Fault: In fault-based systems, the percentage of fault assigned to each party involved in the incident affects the potential compensation, and, therefore, your funding amount.
  • Damages: The extent of your injuries, including medical expenses, loss of income, and long-term impacts, is considered when evaluating funding options.
  • Insurance Coverage: Sufficient insurance coverage held by the defendant is important to ensure the availability of funds to support your case.
  • Contributory Negligence: The concept of contributory negligence, which assigns responsibility for injuries, varies across states. Understanding the rules in your jurisdiction can impact your compensation and funding options.
  • Statute of Limitations: The time limit within which a lawsuit must be filed, known as the statute of limitations, is extremely important. Once this deadline has passed, legal funding for personal injury is generally no longer available.
It takes an analysis period of 24-48 hours from when your attorney provides your case file to the moment you get paid. If you are looking for other products, such as litigation funding or attorney funding, the process can take a little longer.

While you may be entitled to compensation that can provide you with funds to cover your needs, it could take some time to receive your settlement money. In the meantime, it’s important that you have access to cash in order to pay for daily expenses like food and rent.

While lawsuit loans offer a tremendous amount of relief, there are other ways to get money while waiting for a settlement. These alternatives include insurance proceeds, disability payments, or assistance from friends and relatives. Furthermore, you may want to contact your credit union or local bank for an installment loan.

Explore all available options and make a wise decision based on your financial situation. Here are some organizations that may be able to help if you are not yet ready to get a loan on your case:

While lawsuit loans are often referred to as “loans,” they are technically cash advances against a future lawsuit settlement or award of an active case. 

Also known as non-recourse legal funding, this form of financing is basically an investment made on a portion of your expected settlement. Traditional loans are expected to be paid back no matter what. Lawsuit loans are not expected to be repaid if the case does not succeed.

InterestNon-compounding starting at 2.95% p/month
Loan protection2-3 year cap
Funding time24 hours
Average loan amounts$10,800
Funding amounts$1,500 up to $10mm
Type of loanNon-recourse
Workers’ comp eligibilityDepends on the state
Personal injury claim eligibilityYes
Civil rights case eligibilityYes

Select a legal funding service to get started. 

Attorney Requests

Lawsuit Loans

Litigation Funding

Personal Injury Loans

Settled Case Loans

Surgery Funding

Or just call us at 888.711.3599 to apply.