What is pre-settlement funding anyway?
Pre-settlement legal funding is a temporary financial tool that gets you the cash you need to use for a variety of reasons while you wait for your claim to settle successfully. Pre-settlement funding has different names, including lawsuit loans, settlement loans, legal funding, and settlement financing. However, they all have the same meaning. All else equal, pre-settlement funding has no risks as your funding approval amount will be based on the expected settlement from your case only. That means you are legally bound to repay the litigation cash advance only if you win your case.
A lawsuit loan lets you borrow the cash you need before your case settles.
Pre-settlement funding is a great option when you need financial assistance while your attorney fights for maximum compensation. Apply for a cash advance against your anticipated settlement and get the money you desperately need fast. Contact us today for a no-obligation consultation and get your pre-settlement funds as soon as the same business day.
Why you should choose Baker Street Funding?
Plaintiffs have overwhelmingly chosen Baker Street Legal Funding due to our high level of financial services. Baker Street Funding is well-capitalized; this is why we pride ourselves on providing borrowers with lawsuit litigation funding tailored to their needs and ensuring that it is the best financial solution for them. We help personal injury victims get access to justice with low interest pre-settlement loans with rates capped in the second or third year.
Apply for a simple and convenient advance against your pending settlement proceeds with no hidden fees or markups. If approved, you’ll borrow a set amount of money with non-compounding low rates.
The best part of it all is, only pay if you win your personal injury case. Baker Street Funding only gets reimbursed once you win your lawsuit.
Get funds from $1,500-$1,000,000. We offer a 3 year cap, meaning your interest rate ends in the third year!
How it all works.
Apply with Baker Legal Street FundingSimply start by applying for a lawsuit settlement loan online or over the phone. You'll get a quick response to your request from one of our funding experts, who will get to know a bit more about you and your case before they pre-qualify you for cash.
Underwriting contacts your attorneyAfter you get pre-qualified, our underwriter will contact your attorney to evaluate your case. The money we are potentially advancing requires documentation of your claim and possible medical records that your attorney will provide. It is important that your attorney provides the required documentation about your lawsuit.
Qualification and approvalAfter we qualify your case for a lawsuit loan, we will contact you to give you the good news. Then, we will formulate a contract for you and for your attorney to sign that will state the exact amount we will purchase from your settlement.
Sign the funding contract and receive your cashAfter you review and accept the contract terms, you and your attorney will sign the funding documents and send them back to us. You will get your cash within 2 - 24 hours from the moment we receive the signed contract, depending on the method of payment you choose.
See the advantages.
Pre-settlement funding offers victims involved in legal battles a smart and effective way to cover unplanned and completely unpredictable costs and emergency expenses resulting from a personal injury. Pre-settlement funding can help you pay your bills, move forward with your litigations, and accept a better offer from the insurance company.
Get funds from your settlement, structured to your needs.
Baker Street Funding’s structured method of pre-settlement funding has helped thousands of plaintiffs get paid in advance of their settlement check for less rates and faster than other companies. Apply for legal funding with the best rates today.