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Lawsuit Advances

A cash advance solution for plaintiffs and attorneys.

A lawsuit advance is a non-recourse loan that uses expected lawsuit settlements as collateral. These advances are available to plaintiffs and attorneys to successfully battle the defendant and pay immediate costs while a case reaches a successful conclusion. Baker Street Legal Funding provides fast advances on litigation proceeds and for lawsuits to claimants and attorneys who need the funds fast. Lawsuit loan amounts range between $1,500 to $20,000,000+.

  • Low rates
  • Fast cash
  • No risk

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Looking for litigation funding? Learn more →

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If you are an attorney looking to pay for high litigation costs or a plaintiff who needs to pay bills, then you understand that without the cash flow to pursue wealthy corporate defendants, you could end up settling for less than your claim’s fair value. These defendants are aware that lengthy, protracted litigation can drain plaintiffs financially until they either accept a low settlement offer or drop the claim altogether. Only recently have attorneys been able to secure funding themselves and for plaintiffs to assist them in seeing a case through. Unfortunately, traditional lending institutions do not see potential legal awards as assets. This leaves a void for some funds that are inadequately capitalized to dabble into legal finance, and ultimately they are not able to provide long-term financing to bring a case to its proper conclusion.

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What are lawsuit advances anyway?

A cash advance on a pending lawsuit is exactly what it says it is, an advance from the expected proceeds of a potential settlement. Lawsuit loans or lawsuit advances are specialty financial products that provide plaintiffs involved in personal injury litigation with cash as their legal case resolves in or out of court. A lawsuit cash advance is also known as pre-settlement funding, and it comes with no risks. The money can be used for just about anything while a lawsuit is pending. Once you borrow a set amount of money, you won’t have to pay it off until your claim reaches a settlement or an award of damages. This type of financing is a magnificent tool for settling a case for max value if the funds are used wisely and only when needed. 

Lawsuit advances

Here is the process of getting a cash advance from Baker Street Legal Funding.

Litigation and pre-settlement funding companies work by investing money in your claim, meaning Baker Street Legal Funding will purchase a portion of your prospective settlement in exchange of the advance. Lawsuit cash advances are non-recourse and exclusively based on anticipated lawsuit settlements. They do not require you to provide a credit score or employment history. Your approval amount and rates will be solely based on the strength of your case and the probability of its success. 

Lawsuit funding step 1

Qualification

First, apply for a lawsuit cash advance online. Once you are finished, you’ll get a quick response to your funding request for final case qualification.

Lawsuit funding step 2

Evaluation

After your case qualifies, our underwriters will then work with your attorney to help give your claim a present settlement value and decide how much we can advance you.

Lawsuit funding step 3

Approval

Once you are approved, you will be offered a non-recourse financing agreement to be signed by both, your attorney and yourself before releasing the money out to you.

Lawsuit funding step 4

Cash

After we receive the signed contract, your funds will be wired to your account or we will send you a check—as soon as the same day.

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Common uses of cash advances on lawsuit settlements.

Plaintiffs can use the advance to pay bills before or after a case settles. The capital advanced to attorneys can be used for all litigation-related expenses. 

LAwsuit cash advances

For plaintiffs

Our cash advance solutions for claimants help them pay urgent day-to-day expenses until a successful settlement is reached. You can pay for family expenditures, rent, mortgage, make car payments, medical bills, buy groceries and more.

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For attorneys

We provide quick settlement financing for law firms by establishing long-term partnerships. Lawsuit funding helps attorneys pay litigation expenses while working a case, pay expert witness costs, cover administrative expenses and more.

Learn more about law firm funding →

Litigation advance

You rates and terms matter—now more than ever.

Baker Street Funding provides litigation financing for attorneys with a fixed 2% interest rate lower than other pre-settlement funding companies. We also offer specialty client lawsuit loans to all attorney referred cases with rates surrounding 2.5% to 3.0% fixed monthly. And that’s not all, Baker Street Funding offers capped rates to all plaintiff loans. This means that your rate will be capped in the second or third-year mark—and you won’t be charged more interest if your claim doesn’t settle two to three years after you took out the advance. Learn more about our low pre-settlement loan interest rates here. 

Lawsuit loan calculator

Calculate your cash advance with our lawsuit loan calculator.

Get an idea of estimated rates for different funding amounts with our lawsuit loan calculator for plaintiffs. Get an estimate of how much cash Baker Street Funding could save you vs. other companies.

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Qualify for a lawsuit cash advance in minutes.

You can qualify for an advance on your lawsuit within minutes by calling 888-711-3588 or by applying online now. You may be able to get approved for thousands of dollars by financing a portion of your future settlement today and only pay back the funds if you win your case. Apply today and upon approval, get access to money from your lawsuit almost immediately. There is literally no risk to see what we can offer you.

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Resources and tips for plaintiffs.

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New York: 77 Water Street, 7th fl., New York, NY, 10006 
Florida: 780 5th Avenue, #200, Naples, FL 34102

*** Baker Street Funding, LLC has NO affiliation with other firms or individuals who have business addresses in the same premises or building of our business addresses.

LEGAL NOTICE

Baker Street Funding, LLC is not affiliated with any other company unless expressly stated. If someone notifies you that they are affiliated with Baker Street Funding, LLC they are committing a federal crime under the false advertising section of the Lanham Act (commonly known as Section 43(a)). Under federal law, false suggestions of endorsement or sponsorship or misuse of the Baker Street Funding trademark are actionable under the Lanham Act, 15 U.S.C. §1125(a). If you have any questions regarding our partner firms, please email or call us immediately. You can also report companies falsely affiliating with us to government agencies such as the FBI as well as the Consumer Financial Protection Borough.

Baker Street Funding is a Premier Legal Funding Firm designed to strategically connect select financing opportunities with our extensive network of sophisticated partners and staff. Terms and Conditions Apply. WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AT ANY TIME WITHOUT NOTICE. To qualify for legal financing, a consumer must be (1) an attorney, or (2) you must be a corporate plaintiff looking for a minimum of $750,000 in litigation funding or a minimum of $50,000 in post-settlement funding, or (3) you must be a personal injury, civil rights or employment/labor law plaintiff with a retained lawyer on contingency; you must be at least 18 years of age, you must have a strong liability claim against a properly insured defendant, you must reside in an eligible state, and meet our underwriting requirements. Contact us to discuss your options. Not all borrowers receive the lowest rate. To qualify for the lowest rate, your attorney must contact Baker Street Funding and meet other conditions. If approved, your actual rate will be listed in your contract. Historical returns do not guarantee future results. 

This website is designed and owned by Baker Street Funding, LLC; any unauthorized use or copies of this material will be punishable by law.

Financing to plaintiffs involved in personal injury, employment/labor, and civil rights cases are provided in the following states:

Arizona, Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Minnesota, Montana, Nebraska, New Hampshire, Nevada,  New York, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.

  • We currently fund Colorado at a minimum of $75,000.  Case value must be at least $750,000+. 
  • We currently fund North Carolina at a minimum of $25,000. Case value must be at least $250,000+. 
  • We currently fund South Carolina at a minimum of $100,000. Case value must be at least $1,000,000+. 
  • We currently fund in Nevada at a minimum of $20,000. Case value must be at least $200,000+.
  • We currently fund in Illinois at a maximum of $40,000. Case value must be at least $400,000+.
  • We currently fund in Tennessee at a minimum of $10,000. Case value must be at least $100,000+.
  • We currently fund in Arizona at a minimum of $20,000. Case value must be at least $200,000+.

Lawsuit finance for business claims is provided in every state (and eligible countries). Attorney funding is provided in most states. Please contact us to find out if your state is eligible for law firm financing.

**Worker’s compensation loans are funded only in the following states: Alaska, Connecticut, Florida, Iowa, Louisiana, Montana, Rhode Island, Washington, and Wyoming.

***This website and advertising are provided by Baker Street Funding, LLC to the extent that there is advertising related to Baker Street Funding, LLC. Transactions facilitated by us are not to be considered loans. These transactions are non-recourse financing agreements, which means that we are making an equity investment into your litigation. If you lose your case, you are under no legal obligation to repay your legal advance. Any word related to a loan(s), lending, lender(s), borrow(er), and cash advance(s) may be used to refer to legal finance. The words and any of their forms: loan(s), lender(s), lending, borrow, and cash advance(s) are strictly used for marketing purposes and easier comprehension for prospective clients. Our client relationships are paramount to us, and we take the client’s education process very seriously.

All information provided on this site is for educational purposes only and should not be taken as investment, legal, tax, or financial advice. We do not provide investment, legal, tax, or financial advice and prior to making any financial decision, please consult a financial advisor, an attorney, or tax professional.

All funding is subject to approval. Additional restrictions may apply. Call for details at 888-711-3599.

Lawsuit Funding, Settlement Financing, and Litigation Loans.
© 2021 Baker Street Funding, LLC. All Rights Reserved.

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