Pre-Settlement Legal Funding and Lawsuit Loans

Get the funding you need—when you need it.

If you were involved in an accident that wasn’t entirely your fault and you are pursuing a financial settlement or award, Baker Street Funding can help you take control of your finances before your case settles by providing you risk-free funding today. Fix your financial situation —all in 24 hours or less.

Pre-settlement funding
Pre-settlement legal funding

What is pre-settlement funding?

Pre-settlement funding works as a financial option for personal injury victims to cover living costs before their case settles. This type of funding has different names, including lawsuit loans or cash advances and legal funding; however, they all have the same meaning. 

With pre-settlement funding, a person with a viable legal claim borrows risk-free money from a lawsuit loan company when needing financial support. Legal funding is not similar to a traditional loan since it is non-recourse and only available to people seeking compensation for physical injuries, mental pain, and anguish caused by an accident/incident due to someone else’s fault.

When you apply for pre-settlement funding, there will be no employment or credit checks because the approval is strictly based on the strength of your pending lawsuit settlement or jury verdict cash win. 

With a few exceptions, you can use pre-settlement funding for almost any purpose, such as daily expenses or medical bills. One of the ways you cannot use a lawsuit loan includes anything related to financing current litigation.

Ultimately, pre-settlement funding does not require monthly payments since the advance is paid out through your settlement or judgment by your lawyer after you win your case. That means you can receive the lawsuit loan cash upfront from your anticipated settlement funds and never touch a dime from your own pocket until your case is resolved. 

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Pre-settlement funding works as a financial option for personal injury victims to cover living costs before their case settles. This type of funding has different names, including lawsuit loans or cash advances and legal funding; however, they all have the same meaning. 

With pre-settlement funding, a person with a viable legal claim borrows risk-free money from a lawsuit loan company when needing financial support. Legal funding is not similar to a traditional loan since it is non-recourse and only available to people seeking compensation for physical injuries, mental pain, and anguish caused by an accident/incident due to someone else’s fault.

When you apply for pre-settlement funding, there will be no employment or credit checks because the approval is strictly based on the strength of your pending lawsuit settlement or jury verdict cash win. 

With a few exceptions, you can use pre-settlement funding for almost any purpose, such as daily expenses or medical bills. One of the ways you cannot use a lawsuit loan includes anything related to financing current litigation.

Ultimately, pre-settlement funding does not require monthly payments since the advance is paid out through your settlement or judgment by your lawyer after you win your case. That means you can receive the lawsuit loan cash upfront from your anticipated settlement funds and never touch a dime from your own pocket until your case is resolved. 

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Why Baker Street Funding?

Baker Street Funding can provide you with the best financial solution tailored to your needs. We help personal injury victims get access to justice while providing low-interest and caps on lawsuit settlement loans.

Lawsuit loans with low interest rates

Capped low rates.

Apply for the lowest cost pre-settlement funding with no hidden fees or markups. If approved, you'll get a set amount of money with simple interest. Get a 3-year cap, meaning your interest rate ends in the third year!

No win, no pay.

Pay us back only if you win your personal injury case. Baker Street Funding only gets reimbursed once you win your lawsuit. Otherwise you walk with the money.

Lawsuit funding
Lawsuit cash advances

No credit, no job checks.

A legal claim can take longer than anticipated sending your finances into a spin as you juggle bills with limited or no income. The good news is that we won't check your credit scores or job when assessing your funding application. Plan for both the expected and unexpected and get a portion of your anticipated settlement funds today.

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. It can help you pay your bills, move forward with your litigations, and accept a better offer from the insurance company. 

Day-to-day expenses

Use the funds to pay medical bills, transportation to work, household costs, and more while your claim reaches a good and feasible outcome. 

Better settlement

Level the playing field against large insurance companies while the legal process is active. It could help you avoid accepting less money than you deserve out of desperation.

Build a stronger case

Pre-settlement funding is a great option that can provide your attorney with more time to build a stronger case and get you the settlement you deserve.

Secure pre-settlement funding in four easy steps.

The pre-settlement funding process from Baker Street Funding is a very simple, clear-cut process that mainly requires communication with your attorney. Here is how it all works:

pre settlement step 1

Apply for funding

Simply start by applying for a lawsuit settlement loan online or over the phone. You'll get a quick response to your request from our funding team, who will get to know a bit more about you and your case before they pre-qualify you for cash.

pre settlement step 2

Underwriting contacts your attorney

After you get pre-qualified for a lawsuit loan, underwriting will stay in communication with your attorney to help them give your case a monetary value. This part of the process requires documentation of your claim and possible medical records that your attorney will provide. It will then take us one to two business days to generate a decision.

pre settlement step 3

Wait for a decicion

After we qualify your case for funding, 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. You can receive $1,500 to $2,000,000 in lawsuit loans hours after the approval depending on how much you got approved for.

pre settlement step 4

Receive your cash

Once the contract is signed, you will receive the advance, and there are two ways you can receive it. The first one is we can send you an overnight check which will land at your doorstep or your attorney's office the next business day. The second option is to wire the bank transfer into your account that same day as long as it is done before 4 pm.

Pre-settlement cash advance

Let the numbers speak for themselves with our lawsuit loan calculator.

Get a more precise estimate of how pre-settlement funding from Baker Street Funding could save you money compared to other legal funding providers. You could get approved for a cash advance on your pending personal injury settlement with rates starting at 2.95% to 3.4% simple monthly.

Lawsuit loan calculator

Get a loan on your settlement structured to your financial needs.

Baker Street Funding’s structured method of financing has helped thousands of plaintiffs get paid in advance of their settlement check for lower rates and faster than other providers. Apply for a lawsuit loan with no-obligation and upon approval, get a portion of your anticipated settlement funds as soon as the same business day. Get the money you desperately need in just a few clicks. 

FAQs.

The legal funding process length varies from 24-48 hours from when your lawyer sends your case file. The longer your lawyer responds, the longer the process drags, causing delays. This is why we encourage potential clients to ensure their attorneys are communicative during the process.

Baker Street Funding has excellent attorney relationships all over the United States and understands that legal representation is busy working on getting the best possible outcome for you. 

However, you cannot get pre-settlement funding without an attorney.

If your lawyer needs to find out who we are, we can contact their law firm after your application. With our initial conversation, we can get the funding process moving fast.

Legal claims are not easy to handle. Realize how much money you need first, and only take enough cash to cover your main needs.

Non-recourse funding is meant to help you cope with financial challenges during litigation. Although you may get approved for a large amount, only take out what you need to keep you afloat.

The funding amount you can take out depends on the value of your case. Approval amounts range from $1,500 up to $2,000,000 or more.

If your case is worth $250,000, you can potentially get approved for 10% of that amount, that is a maximum of $25,000.

If your case is worth $50,000, you can potentially get approved for a $5,000 lawsuit loan max.

Some of the pre-settlement funding requirements are:

  • You have retained an attorney on contingency;
  • The applicant must be at least 18 years of age;
  • All applications must have legitimate claims;
  • The defendant has to be insured.

If you have a settled claim of over $50,000 but need funds now, you may be automatically qualified for post-settlement plaintiff funding

Non-recourse legal funding means that a third-party financier will buy part of your expected settlement payout or personal injury award based on your litigation strength in exchange for the advance. 

The advancement will not be based on an asset (like a car or a house), and your credit and employment won’t be checked.

Your attorney will only pay back the money after they receive your settlement check promptly after the completion of your lawsuit.

Funding providers are prohibited from seizing your assets if your court case does not settle in your favor.

You can have more than one lawsuit loan with some lenders.

With Baker Street Funding, you can get as many loans as your case allows. Everyone is welcome to apply for additional funds.

Baker Street Funding provides rates starting at 2% non-compounding to 3.4%.

Nevertheless, your legal case’s strength will predict the interest rate because it either poses more or less risk.

For example, if you have a personal injury claim with prior injuries, you may default on paying back the money because the case may end up as a loss.

Pre-settlement funding companies lose investments in suits every day, and this is why lower rates are only offered to those with strong claims.

Our contracts and fees are transparent and easy to read; you won’t have to worry about those hidden fees.

A lender receives the payment only if you are granted compensation. If you don’t receive a payment from the defendant, you will not be tied to paying anything back.

The law firm representing you will pay back the debt (plus extra charges written on page 2 of the agreement) when they collect the lawsuit proceeds after they:

  • Pay medical liens;
  • Pay other liens such as tax liens;
  • Set apart attorney fees.

*We provide funding for personal injury, employment/labor, and civil rights lawsuits in the following states:

Arizona, Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, NevadaNew 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+.

*Litigants with corporate disputes are eligible to receive funding in every state in the United States (and eligible countries).

*Funding for attorneys is provided in most states. Please get in touch with us to find out if your state is eligible.

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

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.