(888) 711-3599

Baker Street Funding
Baker Street Funding
  • Home
    • Surgery Funding
    • Attorney Loans Solutions
    • Case Cost Funding
    • Plaintiff Funding
    • Post Settlement Funding
    • Commecial Litigation Loan
    • Request Attorney Funding
  • Lawsuit Loans
    • For Plaintiffs
    • For Attorneys
    • Applicacion en Español
  • Legal Funding Benefits
  • About us
  • How we work
  • What we do
  • News Room
  • Eligible Cases
  • Editorial
  • Business Litigation Loans
  • Litigation Funding
  • Hablamos Español
  • FAQ
  • Pre-Settlement Funding
    • Home
    • Attorney Exclusive
      • Surgery Funding
      • Attorney Loans Solutions
      • Case Cost Funding
      • Plaintiff Funding
      • Post Settlement Funding
      • Commecial Litigation Loan
      • Request Attorney Funding
    • Lawsuit Loans
    • Apply
      • For Plaintiffs
      • For Attorneys
      • Applicacion en Español
    • Legal Funding Benefits
    • About us
    • How we work
    • What we do
    • News Room
    • Eligible Cases
    • Editorial
    • Business Litigation Loans
    • Litigation Funding
    • Hablamos Español
    • FAQ
    • Pre-Settlement Funding

(888) 711-3599


  • Home
  • Lawsuit Loans
  • Legal Funding Benefits
  • About us
  • How we work
  • What we do
  • News Room
  • Eligible Cases
  • Editorial
  • Business Litigation Loans
  • Litigation Funding
  • Hablamos Español
  • FAQ
  • Pre-Settlement Funding
Plaintiff funding
Non recourse funding.

Plaintiff funding.

Legal funding is an option available to plaintiffs that have hired an attorney on a contingency basis. It allows those plaintiffs to unlock a portion of the expected settlement of their claim before the case has come to a close. 

Get started
non recourse plaintiff funding
Legal funding for plaintiffs
Plaintiff case funding made easy
pre settlement funding for plaintiffs

Attorney resource guide for plaintiff loans.

Plaintiff Funding.

The below information can help you and your client make the most informed decision on whether to get legal funding. After reading this resource guide, you will understand the following:


  • The definition of legal funding for plaintiffs
  • How legal funding compares to other financing options
  • The difference between legal funding and a traditional loan
  • The two main types of funding
  • The pro’s and con’s of receiving legal funding
  • Deciding if it is the right choice for your client

Non-recourse PLAINTIFF LOANS.

The most important part of legal funding is that it is a non-recourse financing agreement. This means that it is solely based on the merits of the case and not the plaintiff’s credit history, job or education background. If the case does not settle in favor of the plaintiff, they are under no obligation to repay the funds to the funding company. Information shared with third party funding companies is protected under attorney client privilege. Because a funding company is considered an interested party, the information they receive can not be shared.

What is legal funding for plaintiffs?

Legal funding for plaintiffs

Legal Funding Definition.

Legal funding, also commonly referred to as lawsuit loans or lawsuit advances, is a process in where plaintiffs involved in current or future litigation, who have already hired an attorney on a contingency basis, receive financing in the form of immediate cash against their future anticipated settlement award.

This advance is solely based on the outcome of the case and paid back upon receipt of the settlement award.

How legal funding compares to other financing options.

Plaintiff investment funding

Other Financing Options.

Legal funding is not the only available option for plaintiffs. Before applying for legal funding, many plaintiffs approach more traditional banking institutions looking for a liquidity solution. The main difference between legal funding and other traditional banking solutions is recourse and payment schedule. With most traditional options, there is no option for non-recourse funding. Meaning that any approval is based on credit history and income profile. Many plaintiffs who find themselves out of work due to an accident do not qualify for a loan because their credit and income have been impacted by accident. With traditional bank loans, there is a repayment period that could start as quickly as 30 days from taking out financing. This means that the plaintiff will have to make monthly payments until the debt it satisfied.

This is why most plaintiffs find legal funding as their preferred financial solution. There are no monthly payments and no risk of paying back the funds if their case does not settle favorably.

The difference between legal funding and a traditional loan.

Traditional loans vs plaintiff loans

Lawsuit Funding is not a Traditional Loan.

As mentioned above, lawsuit funding is a non-recourse transaction. This means that unlike a traditional loan, there is no monthly payments and no obligation to repay if the case does not settle favorably. There may be fees associated with an advance but all fees are paid upon successful settlement of the claim.

The real cost of plaintiff loans.

Plaintiff funding costs

Is Plaintiff Funding Expensive?

The short answer is yes, plaintiff funding is expensive. Because of the risk associated with losing their investment, legal funding companies charge a high rate of return on their advances. While some people are under the impression that you will have to pay back double or triple the amount you take out, the truth is that most funding companies charge an annual interest rate of 30-40%. One thing to consider is that these funds are not payable if the case does not settle.

Is settlement funding right for your client.

Settlement funding loans for plaintiffs

Who Should Use Settlement Funding?

Plaintiffs that can not access traditional financing and are in dire need of cash while their case settles should strongly consider settlement funding. While it is expensive, the risk of having your case settle unfavorably and you still owing money is eliminated. Legal funding should be a lifeline to help plaintiffs pay daily living expenses and case cost expenses. It should be a plaintiffs last resort not the first place they look.

The 2 main types of legal funding for plaintiffs.

Legal funding types

Pre and Post Settlement Funding

The two main types of legal funding are Pre and Post Settlement funding. In pre-settlement funding your case is still being litigated and there have been no accepted offers of settlement. In pre-settlement cases, funding companies normally release up to 10% of the gross estimated settlement value of the case. That means they will advance $10,000 for every $100,000 they think the case is worth. In post-settlement funding there has been an offer for settlement and the plaintiff has accepted it. Funding companies normally release up to 70% of the net value to the plaintiff or $70,000 on a case in which the plaintiff will receive $100,000 after all attorneys fees and liens.

Pre-settlement funding positives and negatives.

Plaintiff funding cost

Costs and benefits.

There are both costs and benefits when taking out a settlement advance on your case. The interest in a settlement advance can be high which leaves less money for you to receive when your case settles, but if that money is needed now to pay bills or for living expenses, the costs greatly justify the means.

Deciding if a plaintiff loan is the right choice.

Plaintiff funding decision

Deciding if plaintiff Settlement Funding is Right for You.

If your client has looked at traditional financing options and they are unable or unwilling to use them and are in need of cash now to fund basic living expenses, then settlement funding is something you should greatly consider. At the end of the day, it is their decision whether to pursue a settlement advance or wait for the settlement check to arrive. Hopefully, now you know enough to make an informed decision on whether settlement funding is a good fit for your own unique situation.

Plaintiff funding request.

24 HOUR PLAINTIFF FUNDING

Baker Street Funding offers the fastest turnarounds in the country where you no longer have to worry about not getting call backs. When you apply at Baker Street Funding, you will see that  your plaintiff funding application is treated the same way no matter the size of your case.

Baker Street Funding

77 Water Street, 7th Floor, New York, New York 10005, United States

Application hotline: (888) 711-3599

Helping thousands through plaintiff loans.

Baker Street Funding is a Premier Legal Funding Firm designed to strategically connect select funding opportunities with our extensive network of sophisticated partners and staff. Terms and Conditions Apply. BAKER STREET FUNDING RESERVES 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 mustbe 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 Baker Street Funding’s 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. 

*Baker Street Funding does not currently provide financing to plaintiffs looking for lawsuit funding residing in Arizona, Arkansas, Kansas, Maryland, Nevada, Oklahoma, West Virginia, or Washington D.C. Baker Street Funding reserves the right to change the states where it provides legal funding to without notice.

Attorney funding is provided throughout all states of the United States. The states Baker Street Funding currently provides legal funding to are:

 Alabama, Alaska,  California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine,  Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New York, North Carolina (Minimum $25K), North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, 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+. 

**Baker Street Funding does not provide lawsuit funding for workers’ compensation.

***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 Baker Street Funding 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. The term lawsuit loans, settlement loans, lawsuit lenders, lawsuit cash advance(s), settlement advance loans, lawsuit settlement loans, or any word related to a loan(s), lending, lender(s), borrow(er), and cash advance(s) may be used to refer to legal funding. The words and any of its 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 by Baker Street Funding is for educational purposes only and should not be taken as investment, legal, tax, or financial advice. Baker Street Funding does 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 legal funding is subject to approval. Additional restrictions may apply. Call for details at 888-711-3599.


Baker Street Funding:

New York Office: 77 Water Street, 7TH floor, New York, NY 10005

Florida office: 780 5th Ave. South, Suite # 200, Naples, Florida 34102


Find our review on Google, TrustPilot, Facebook.


Lawsuit Funding, Settlement Funding, and Litigation Funding: Baker Street Funding, LLC.

Copyright © 2018.  All Rights Reserved.

  • Home
  • Lawsuit Loans
  • Legal Funding Benefits
  • About us
  • How we work
  • News Room
  • Attorney Funding Guide
  • Plaintiff Funding
  • Business Litigation Loans
  • Litigation Funding Firms
  • Hablamos Español
  • Contact us
  • FAQ
  • Privacy Policy

All Rights Reserved