A settlement advance is cash you borrow from your future injury case payout to cover your expenses and then repay those funds once you get financial recovery. This financing option should not be confused with traditional loans because the repayment is contingent on the successful resolution of your legal action against a defendant. You may be able to get a cash advance on your pending lawsuit settlement or award if you are an accident or a civil rights victim seeking damages over $50,000. Processing time typically takes 24 hours.
Pre-settlement money for what you need—and when you need it.
Explore all the ways an advance on your legal case can simply make your life easier—and yes, it is completely doable. If you are looking to get a loan before your settlement check arrives, Baker Street Funding can turn part of your pending lawsuit or claim into cash now. We’ll work with you to find the best financing solution to fit your current circumstance during your personal injury case. Receive pre-qualification minutes after you apply and have confidence knowing our funding team is transparent and professional at all times. With our settlement cash advances, you can tap into a part of your probable financial compensation and use the money to cover your cost of living at no risk.
How it helps
Pre-settlement cash advances are designed to help you get the money you need for financial relief while you comfortably wait for your legal case to resolve. Plaintiffs awaiting a settlement or jury verdict during a personal injury lawsuit or civil rights claim can make good use of these advancements when financial obligations need to be met.
Why Baker Street Funding?
Same day funding.
We make it as fast and easy as possible for you to start fixing your financial burden from the injury so you can begin to take control of your finances while you wait for a fair settlement offer or out-of-court award.
No hidden fees.
Swap hidden fees or markups and get lower rates than other lenders. There are no more fees different than what you see on the agreement.
Save on interest.
Baker Street Funding can provide better rates so you can save on interest. Our rates range from 2.95% to 3.4% non-compounding monthly, capped in the 3rd year from when you out your last advance. Pay nothing more if you don't settle your injury claim after the cap.
Borrowing from a pending settlement is easy and fast. Plus, once again, there are no credit pulls or income proofs. Only pay after settling your injury case.
Apply for fundingSimply provide the basic data requested and your attorney’s contact information. A contingency attorney must represent you to be considered for funding.
Evaluation of you caseThen, an underwriter will contact your lawyer to provide key information about your case to evaluate its merits.
ApprovalUpon approval, a funding contract will be generated and sent out to you and your lawyer to sign.
CashThe funds typically deposited into your bank account, or a check could be sent to you via overnight FedEx.
Save thousands with our low interest rates.
Accessing an advance from the potential settlement in your case from us could be a great alternative to using other financing options with much higher rates. Our advance funding option gives you extra cash before your settlement concludes to help you get back on your feet and improve your financial situation at ease.
|Baker Street Funding||Other funding providers|
|Funding amounts||$1,500 - $2mm||Up to $250,000|
|Cap||3 year cap||No cap|
|Monthly rate||2.95% - 3.4% simple||2.95% - 5% compounding|
|Underwriting time||24-48 hours||5 - 7 days|
|Contracts||Costs as advertised||Show another number on contract|
Get the cash you need with an advance for your settlement today.
Tap into a portion of the compensation you expect to receive and relieve financial stress now. Applying for a settlement advance with Baker Street Funding is incredibly simple and can be done all in minutes. And if you want one-on-one assistance, one of our team members is ready to help. Call us now at 888-711-3599 to get started.