A crane accident is rarely a minor injury. When a boom collapses, a load drops, a crane tips, or a worker contacts an energized power line, the result is usually catastrophic — spinal cord damage, traumatic brain injury, amputation, severe burns, or death. If you or a loved one was hurt in a crane accident and you’re pursuing a third-party lawsuit, a crane accident lawsuit loan from Baker Street Funding gives you cash now — in 24 to 48 hours — with nothing owed if you lose.
Rates start at 2.95% per month, non-compounding, capped at 2 or 3 years. No credit check. No income verification. You repay only if your case wins.
💡 A note on workers’ comp vs. your lawsuit: Workers’ comp may cover some medical bills and partial lost wages, but it can’t pay for pain and suffering, full lost earnings, or future earning capacity — and it doesn’t hold the negligent party accountable. A third-party crane accident lawsuit can. Here, we learn about funding that lawsuit.
Why Crane Accidents Cause Such Severe Injuries
Cranes are the largest, heaviest equipment on most job sites, and when something goes wrong the forces involved are enormous. Federal data has historically been limited because crane deaths get scattered across broader categories, but the Census of Fatal Occupational Injuries recorded 297 crane-related deaths between 2011 and 2017 — an average of about 42 per year. More recent BLS datasets fold many crane fatalities into broader construction categories, so the true number is likely higher. Industry analyses consistently find that the large majority of crane accidents trace back to human error — exactly the kind of negligence that creates a third-party claim.
The most common crane accident types we see on the cases we fund:
- Crane tip-overs and collapses — usually from overloading, an unstable or uneven surface, or improper setup. Historically, collapses caused by unstable ground or overloading are among the leading fatal crane events.
- Dropped loads / struck-by — rigging failure, a snapped cable, or a load shift sends material onto workers below.
- Boom collapse or boom failure — structural or hydraulic failure of the boom.
- Power line electrocution — OSHA requires crane parts to stay at least a set distance from energized power lines; contact causes electrocution and severe burns.
- Falls from the crane — operators or workers falling from elevated cabs or platforms.
- Caught-in / crush injuries — between the crane’s rotating superstructure (“swing radius”) and a fixed object.
- Mechanical and assembly/disassembly failures — the assembly and disassembly of cranes is one of the most dangerous phases.
These injuries are why crane cases tend to settle for substantial amounts — and why they take a long time to resolve.
When You Have a Third-Party Crane Accident Lawsuit
If your employer was the only party involved, you’re generally limited to workers’ comp. But crane accidents almost always involve multiple companies on a single site — which is exactly what opens the door to a third-party lawsuit against someone other than your employer. Potential defendants include:
Crane Rental and Operating Companies
Cranes are frequently rented with an operator. If the crane company’s operator or its equipment caused the accident, that company — separate from your employer — can be liable.
Crane Operators (Certification Failures)
Under OSHA’s crane standard, 29 CFR 1926 Subpart CC, crane operators must be certified. An uncertified or improperly trained operator working for another company is a direct liability target.
Riggers and Signal Persons
A qualified rigger secures the load; a signal person directs the operator when the operator’s view is blocked. A rigging failure or a miscommunicated signal from a third-party crew is a frequent cause of dropped-load injuries.
Crane Manufacturers (Product Liability)
A defective crane component — failed cable, hydraulic failure, faulty load-moment indicator, structural defect — supports a product liability claim against the manufacturer. These defendants carry large policies.
General Contractors and Other Subcontractors
On a multi-employer site, the general contractor and other subs share responsibility for site safety, ground conditions, and coordination. Their failures create liability separate from your employer’s.
Property or Project Owners
Owners who controlled the site or created the hazardous condition (e.g., unmarked underground voids causing a tip-over) may be liable.
The key point: identifying every responsible third party is what maximizes the value of the case — and your attorney handles that analysis. We fund the case while they do.
What a Crane Accident Lawsuit Loan Can Cover
There are no restrictions on how you use the funds. Clients typically use a crane accident lawsuit loan for:
- Mortgage, rent, and utilities
- Medical co-pays, deductibles, and out-of-pocket treatment workers’ comp won’t cover
- Physical therapy and rehabilitation
- Home modifications after a catastrophic injury (ramps, lifts, accessible bathrooms)
- Prosthetics and assistive equipment after amputation
- Transportation to and from medical appointments
- Childcare and family living expenses while you can’t work
- Funeral and burial costs in a fatal crane accident (wrongful death)
How Much Funding Can You Get on a Crane Accident Case?
Baker Street Funding advances $1,500 to $2,500,000, customized up to roughly 10% of the estimated settlement value. Because crane injuries are often catastrophic, these cases frequently support larger advances. The amount depends on:
- Liability strength — documented OSHA violations, clear third-party fault
- Injury severity — surgeries, permanent impairment, paralysis, amputation, TBI
- Defendant insurance — crane companies and manufacturers carry large commercial policies
- Litigation stage — pre-suit vs. filed vs. post-deposition vs. post-mediation
- Venue and existing liens (workers’ comp, medical)
Estimate your funding amount with our lawsuit loan calculator.
How to Apply for a Crane Accident Lawsuit Loan
- Apply in 2 minutes at our application page or call (888) 711-3599.
- We contact your attorney for the case file (accident report, OSHA findings if any, medical records, defendant insurance info).
- We underwrite the case, not your credit — usually same day.
- You and your attorney sign the funding contract.
- Funds wire within hours of signing.
You must have an attorney representing you on a contingency basis. If you don’t yet, your case can’t be funded — but here’s how to choose the right lawyer.
What Strengthens a Crane Accident Funding Application
- An OSHA investigation finding a violation of the crane standard (Subpart CC)
- Documentation that the at-fault operator was uncertified or the rigging was improper
- Medical records showing severe, permanent injury
- A well-insured commercial defendant (crane company, manufacturer, GC)
- A plaintiff-friendly venue
- An attorney experienced in construction and crane litigation
Related: The most common reasons pre-settlement loans are denied
Why Crane Cases Take So Long — and Why Funding Matters
Crane accident lawsuits are slow for predictable reasons: multiple defendants and insurers, OSHA investigations that must conclude before liability is settled, expert engineering analysis of what failed, and workers’ comp liens that have to be reconciled before any settlement distributes. Meanwhile, insurers know an injured worker is under financial pressure and use delay to push a lowball offer. The delay-and-pressure dynamic in injury litigation is well documented.
Most crane cases take 1 to 3 years. A crane accident lawsuit loan exists to keep you financially stable enough to refuse a bad offer and let your attorney fight for the case’s real value — not to be a loan.
Baker Street Funding vs. Other Crane Accident Funding Companies
| Feature | Baker Street Funding | Typical Industry |
|---|---|---|
| Starting rate | 2.95%/mo, non-compounding | 3.5%–4.99%/mo, often compounding |
| Interest cap | Capped at 3 years | Often uncapped |
| Funding range | $1,500–$2,500,000 | Usually $500–$250,000 |
| Decision time | 24–48 hours | 2–7 days |
| Credit check | None | None to soft pull |
| Funding specialist | Assigned through payoff | Call center |
| Buyout of higher-rate loans | Yes — loan buyouts and monthly pre-settlement funds | Rare |
Read about our rates and how they’re set.
Frequently Asked Questions
What is a crane accident lawsuit loan?
It’s a non-recourse cash advance against the expected settlement of a crane accident lawsuit. You get cash now; if your case wins, your attorney repays it from the settlement. If you lose, you owe nothing. It’s more accurately called pre-settlement funding than a loan.
Can I get funding if I’m also receiving workers’ comp?
Yes. Many injured crane workers receive workers’ comp while pursuing a separate third-party lawsuit. Funding is based on the third-party claim. Keep in mind the workers’ comp carrier may have a lien on your eventual settlement, which your attorney will reconcile.
Who can be sued in a crane accident case?
Anyone other than your employer whose negligence contributed — crane rental companies, crane operators, riggers, signal persons, equipment manufacturers, general contractors, other subcontractors, and sometimes property owners.
Do I need a lawyer to get a crane accident lawsuit loan?
Yes. Funding requires a personal injury attorney representing you on contingency. We coordinate directly with your lawyer to underwrite the case.
How fast can I get funded after a crane accident?
Most approved applicants are funded within 24 to 48 hours of the attorney sending the case file, with funds wired the same day the contract is signed.
What if I lose my crane accident lawsuit?
You owe us nothing. All legal funding from Baker Street Funding is non-recourse — the risk of losing stays with us.
Ready to Apply?
Don’t let financial pressure force you into a settlement worth a fraction of your claim. Get cash now and let your attorney fight for full value.
Apply in 2 minutes online — or call (888) 711-3599.
