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Pre-settlement lawsuit loans

Low rates. No-risk. Lawsuit loans made easy.


Low rates. No-risk. Lawsuit loans made easy.

A pre-settlement lawsuit loan is an easy way to get the money you need from your pending settlement proceeds during or after your case settles. Get approved for a flexible lawsuit cash advance for your convenience.

A pre-settlement lawsuit loan is an easy way to get the money you need from your pending settlement proceeds during or after your case settles. Get approved for a flexible lawsuit cash advance for your convenience.

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pre-settlement lawsuit loans with no risk
pre-settlement lawsuit loans

What is a lawsuit loan?

A lawsuit loan aka lawsuit funding is a non-recourse financing agreement against pending settlement payments in the form of a cash advance provided by pre-settlement funding companies to victims involved in lawsuits. Also known as non-recourse lawsuit loans, they help plaintiffs attain the financial help they need while the case reaches a fair resolution. There are no lost-case payment penalties and no-risk. Risk-free pre-settlement funding means that you are exempt from paying back the money if you do not successfully settle your claim.

What is a lawsuit loan?

A lawsuit loan aka lawsuit funding is a non-recourse financing agreement against pending settlement payments in the form of a cash advance provided by pre-settlement funding companies to victims involved in lawsuits. 

Also known as non-recourse lawsuit loans, they help plaintiffs attain the financial help they need while the case reaches a fair resolution. There are no lost-case payment penalties and no-risk. Risk-free pre-settlement funding means that you are exempt from paying back the money if you do not successfully settle your claim.

Lawsuit funding
Lawsuit funding

The lawsuit funding process—so easy.

The process for pre-settlement funding is simple, convenient, and fast to get you the money you need as quickly and efficiently as possible—and with lower rates. It takes minutes to apply.

You apply for a lawsuit loan

Apply for a lawsuit loan and only provide basic data in seconds or even better, call us to apply; it's easy and fast.

We evaluate

We work with some of the best former personal injury attorneys in America who will then evaluate your case with your attorney.

You get approved

Upon approval, you and your attorney sign our lawsuit funding contract and send back to us for the final review.

You get your lawsuit funds

Upon the execution of your contract, your legal funds are sent directly to you in less than 2 hours or via Next Day FedEx.​​

Lawsuit loans with low interest rates—easier than ever.

High rates are annoying, and people hate them. That’s why we provide affordable lawsuit loans. That means there are absolutely no pre-payment penalties, and no shady hidden fees. Get a fair risk-based (low-interest rate) pre-settlement loan. Some of our clients have seen savings as high as 20% a year by working with us. Remember, if someone else offers you a contract, we will match or beat their interest rates. Get competitive rate-in lawsuit loans that work for you.

Why Baker Street Funding lawsuit loans?

From offering higher amounts to better services, Baker Street Funding is the right choice. Yearly, we fund thousands of claims and can help you get the best deal possible, or we will refer your case to someone else, period. Get a quick approval, a helpful service, and take care of your financing needs by tomorrow. See how we are different:

Pre settlement cash advance companies

Price Match

We will match any current contract or give you a better rate.

Lawsuit pre settlement loans

Lower rates

We could help you save thousands of dollars with non-compounding low rates.

Borrow money against lawsuit

Flexible contracts

Get flexible lawsuit funding contracts and in the comfort of your own home.

Best lawsuit money lending company

Quick Approvals

Get your lawsuit cash delivered to you in as little as 2 hours from approval.

See the pre-settlement funding benefits.

Pre-settlement loans have advantages that are very appealing to consumers who have trouble getting the financial resource for the purpose of paying the necessary expenses or settling a case for a better settlement award while the claim is still pending in court. Get risk-free cash in advance of your lawsuit’s court resolution, and obtain the money you need by the next-business-day. See some of the benefits below:

100% risk-free settlement loans

Baker Street Funding provides risk-free settlement financing. Settlement funding is non-recourse, which means that you owe nothing if you lose your case.

No credit check

Plaintiffs seeking funding from their case do not need to have good credit in order to qualify for a loan. Baker Street Funding is not concerned about your credit history.

Simplify your finances

Lawsuit loans allow you to simplify your finances with a single, no-risk approach. Obtaining an advance against your potential settlement could be a lifeline to victims like you.

No employment verification

Working while litigating a case can be stressful. Baker Street Funding does not consider employment status as part of our criteria for approving a loan.

Get help from a top-rated lawsuit funding company.

Pre-settlement advances from the best lawsuit loan companies in the United States helps avoid the pitfalls of settling quickly for less money by making available the cash you need now at no risk. The best pre-settlement funding companies can close a transaction for you in as little as 48 hours. Having been recognized as one of the best legal funding companies in the market, the company was established to help you find the right plaintiff settlement financing program today.

Outstanding service

Get the best financial lawsuit funding service in the nation from Baker Street Funding, who treats all applications the same way no matter the size of your case.

Here to help you

From the moment you apply, you will get live updates—all the way to the moment you receive your funds.

Convenient funding

As one of the best lawsuit funding companies nationwide, we offer victims the most convenient lawsuit loan programs in their time of need.

Get funded fast

Baker Street Funding is the type of pre-settlement loan company that can help you become one of the thousands of Americans that got flexible financial solutions in time.

Get started in minutes. 

It takes seconds to apply.

How Baker Street Funding settlement loans compare.

Rate range

Amount

Funding time

Work ethics

Amount

Baker Street Funding

Other lawsuit lenders

Pre-settlement funding customized—just for you.

Many plaintiffs looking for funding from their pre-settled and settled cases use Baker Street’s pre-settlement lawsuit loans due to the larger amounts we approve. Get much higher amounts and get funded as you please.  See how much you could get:

Funded

$101,000

Personal injury loan

This case is a medical negligence lawsuit. The victim passed away as a result of medical malpractice during a surgical procedure on his spine.

Funded

$80,000

Car accident loan

In this case, the plaintiff had multiple surgeries and lost the ability to move his legs after a car accident against a commercial truck.

Funded

$200,000

Settled case lawsuit loan

This is a settled lawsuit in which the victim was involved in for three years. After going to trial, he got the settlement he deserved.

See some of our legal funding products.

Pre-settlement lawsuit funding —FAQs.

The repayment of funds is wholly contingent upon the successful settlement of your litigation. The payment is dispersed to the pre-settlement funding company only when:

  • Your payment arrives;
  • The balance is paid to you;
  • And, after your case has already closed.

Pre-settlement financing companies make a profit only if a case settles, and the payment is predetermined on contract. You are not required to pay the company if your claim is lost.

No. For pre-settlement loans to be approved, you must be represented by an attorney. Lawsuit loan companies are paid by your attorney, and only if your case is won. The reason why this is because your loan will be based solely on the merits of your case. We are not basing the advance on your assets, your credit, nor job status.

The approval time for a pending settlement loan typically takes an analysis period of 24-48 hours (business day) from the moment your attorney provides your case file to the moment you get paid. If you are looking for other products such as litigation funding or attorney funding, the process can take a little longer.

No. The approval amount is determined by the third-party litigation funding company evaluating your legal proceeding, and not your attorney. An underwriter will analyze the merits of your case and determine how much of the future estimated settlement amount they can make available to you today.

No. Lawsuit funding is not a loan. A pre-settlement funding advance is an investment made on a portion of your expected settlement. This is the bridge between the money you need and the available funds a lawsuit loan company has, so you can keep your case moving forward. 

We provide non-compounding rates depending on the risk of your case. A non-compounding interest rate stays the same on your 6-month or yearly contract. We do not take high-risk claims, so most of our clients see a fixed rated overtime with no added-hidden fees, and as low as 1.5% monthly, ending in the 3rd year. Meaning if your case takes longer than 3 years to settle, you won't have to pay extra interest.

No. Settlement loans are not risky because they are non-recourse, which means you will no longer be responsible for the payment if you lose your legal dispute. Nevertheless, these transactions are risky for lawsuit loan companies because we don’t rely on recourse like a home, a car, or a business if you can't pay us; we are only interested in the value of your case, how risky the claim is, and the possibility of your case settling successfully. 

We can buyout any pre-settlement funding contract no matter the amount. We offer plaintiffs the ability to consolidate their previous advances and save money on future payments. Get a much lower consolidated rate for your 2nd pre-settlement loan. 

As long as your legal action is significant enough to warrant compensation, you may be able to get an additional advance. 

 Requirements:

1) Your claim has to have progressed since the last time you received a lawsuit loan, either procedurally or through the plaintiff having further medical treatment.

2) The case value needs to merit additional funding.

3) There can not be any open appeals.

You can get as many lawsuit loans as your case supports. If your case is strong, you will be able to apply for funding whenever you need it. Not every case is large enough to justify multiple advances, but 80% of the cases we underwrite come back three or more times for additional funds.

There are no credit checks or job verification. Your approval will be solely based on the pre-settlement loan company’s analysis of your case and the probability of you winning it. 

We provide multiple funding structure to help create a bespoke financing arrangement specific to your case and situation.

Check our settlement funding guide.

We hope you never find yourself injured or as the victim of negligence or abuse, involved in an unresolved lawsuit, and strapped out of cash. Learn the detailed facts on how settlement funding works, learn about what options to consider before applying, contracts, eligibility, and more.

A settlement advance is the financial backing provided to plaintiffs with pending claims and in need of immediate cash. Settlement loans or advances are commonly used terms to describe settlement funding. A pre-settlement cash advance is non-recourse and is not a loan because the lender does not base the advancement on credit scores, employment status, or assets. This type of financing is called non-recourse because you don’t have to pay back the funds if you don’t win your case. All funding provided is free of any risk, and the advance funds will be based only on the value the pre-settlement advance company gives your case. 

Non-recourse lawsuit loans or plaintiff loans are essentially loans from a lawsuit settlement funding company that are not backed by asset, such as your home, bank account balances, or car title. To have a loan “backed” by an asset means that a financial institution has the right to take that asset in the event that you cannot pay the loan; therefore they are viewed as less risky by lenders, and have much lower rates.

On the other hand, non-recourse lawsuit loans are not backed by any of these recourses, and tend to have higher interest rates (depending on the company) than traditional loans. 

Some lawsuit lenders, like Baker Street Funding, offer low, fair-rate, non-recourse funding which may be used for a variety of purposes—like paying off household debt or medical bills.

Non-recourse lawsuit loans or plaintiff loans are essentia

Plaintiffs who need to borrow money against their settlement should learn what the types of lawsuit funding solutions are, and decide whether it is something to consider. Legal funders generally offer two types of settlement funding programs to plaintiffs involved in civil lawsuits. These services are pre and post-settlement funding.

Pre-settlement funding: Simply put, a pre-settlement advance is a cash advance in the form of a check or a wire, provided to victims with unsettled lawsuits, and the award amount of the claim is unknown. They carry higher interest rates than post-settlement funding (settled cases) because of the extra risk involved in pre-settled cases, meaning, no-win, no-pay.

Post-settlement funding: Post-settlement funding companies also provide financing for settled cases, but the victim has not received payment yet. While there is a lower risk for the plaintiff, this type of loan carries a high risk to the loan institution because there is still a chance that the defendant can default on the judgment and not pay.

lly loans from a lawsuit settlement funding company that are not backed by recourse. These types of loans are not backed by an asset such as your home, bank account balances, or car title. To have a loan “backed” by an asset means that a financial institution has the right to take that asset in the event that you cannot pay the loan against your settlement award.

When loans are viewed as less risky by lenders, they will have much lower rates.  Non-recourse lawsuit loans on the other hand are not backed by recourses. Therefore, they have higher interest rates (depending on the company) than traditional loans.

Some lawsuit lenders, like Baker Street Funding, offer low, fair-rate, non-recourse funding which may be used for a variety of purposes—like paying off debt or medical bills.

Pre-settlement funding companies offer plaintiffs the freedom to secure cash against their expected compensation. See what you need to do, before you apply for settlement financing:

  1. Traditional bank lending: Bank loans are alternatives to lawsuit financing; the problem is you can’t access it with bad credit, no job history, or a large amount of outstanding debt. You also cannot access if you had a bankruptcy recently, and other hindrances.
  2. Leveraging assets: It would be good to know that you can also leverage an asset such as a home, an automobile.
  3. Borrow money: Before getting a loan from your lawsuit, try to borrow money from family members and/or friends.

If you have exhausted your financial options, then your only other option might be to apply for a loan against your lawsuit. Lawsuit loans companies view your expected settlement proceeds as collateral. Your approval chances for a lawsuit loan are strictly based on your case’s merits and your ability to win the case. A pre-settlement loan company could help you get the money you need while you litigate your claim for a well-valued award.

Non-recourse cash advances serve the needs of plaintiffs that are having money problems while waiting for their cases to conclude. Here are some reasons to consider an advance against your litigation:

  1. Facing eviction or foreclosure.
  2. Purchase or lease a vehicle to get to work.
  3. Keep your small business afloat.
  4. Need the money to finish a college degree or professional training.
  5. Need money for your children’s education.
  6. Supplement disability payments.
  7. Improve credit score by paying down bills.
  8. Resolve claims against you by collection agencies.

It’s important to thoroughly assess your entire financial picture before taking out a loan against your pending lawsuit. Once you’ve made the decision that you would like to apply for a lawsuit loan, be sure to select a trustworthy pre-settlement funding company to work with.

Many times, when victims are in the middle of a lawsuit, they run out of financial options to support themselves so they can keep their cases moving forward. Settlement loans are resources that help claimants support themselves while the lawsuit goes to trial or a better payment is awarded. Pre-settlement financing can be a great tool to help you fight for a better award so you don’t settle for a lowball amount. Acquiring the pre-settlement funds you need enables you to effectively deal with the defendant’s delays, allowing you to wait for fair compensation so your attorney can negotiate a better offer.

Lawsuit financing could be useful as long as you understand the rate is fair for the risk that lawsuit loan companies take. This type of financing is extremely popular with personal injury victims who find themselves injured while their case is being litigated and can be beneficial in personal injury cases where severely hurt victims cannot work during the court process.  For example, a medical malpractice victim who finds himself hurt and out of work will seek financial relief due to the sustained injuries that have caused him or her an economic fall.

Lawsuit loan companies use certain prerequisites before approving a loan. Please be advised that, depending on your case, more or less may be needed to qualify. Most lawsuit funding companies require:

  • An attorney’s representation.
  • The case must be solid and have a high probability of winning it.
  • For settled lawsuits, a minimum award of $50,000 is required for funding.
  • Your attorney’s co-operation is a must. Without it, we cannot fund your case.

To see if you are eligible, please fill out an application online or over the phone at (888) 711-3599. 

Baker Street Funding understands the financial pressures victims go through during litigation and do our best to provide cost-friendly solutions. We are committed to offering quick financing for plaintiffs involved in most personal injury, employment, and civil rights claims. If you don’t see your case type below, please call us at (888) 711-3599 to see how we can help you. See some of the cases we mostly fund:

Personal injury

Auto and motor vehicle accidents

Civil rights

Employment and labor

Corporate litigation

Settled Cases

Baker Street Funding funds in most states of North America depending on state law.

More resources about pre-settlement funding companies.

The following resources from our blog will help you understand more about how settlement funding companies work.

How to get approved for pre-settlement funding

Pre-settlement funding is a risk-free advance against your expected lawsuit settlement award. Plaintiffs can now get the financial assistance they need while their case is still litigating. Traditional financial institutions deny loans when an applicant has a low score or is in high debt. They do not see your post-settlement recovery as collateral. But claimants have a choice, and they can recur to pre-settlement funding when they’ve run out of financial resources.

Read more here →

How pre-settlement funding companies analyze a case

Whether you have an unexpected emergency expense or need to pay for a medical bill, it helps to know what a pre-settlement advance company looks for when they evaluate your loan application. The settlement funding process consists of the analysis of your case for the purpose to underwrite a legal advance through three critical factors. Here are a few items virtually all settlement funding companies consider before approving a plaintiff for a loan: fault, injuries, and insurance. Let’s take a look at how lawsuit funding companies look at these factors.

Read more here →

How to find the best pre-settlement funding companies

Choosing a top pre-settlement funding company will help you avoid less scrupulous firms that take advantage of their clients through high rates and outrageously high fees. A higher-rated, pre-settlement loan company can provide you with quick access to capital reasonably. The best companies won’t pressure you into signing a contract with them, but instead, if they can’t fund your case, they’ll guide you towards the right moneylender that can invest in your case. The best lawsuit loan companies are transparent every step of the way. ​

Read more here →

What to do before signing a lawsuit funding contract

There are now a huge number of legal funding companies competing to loan money to litigants with pending cases in court. Unfortunately, some of these companies prey on unsophisticated personal injury victims, fast-talking them into signing on the dotted line without giving them the information they need to make an informed decision. That’s why plaintiffs seeking funding from their cases need to understand what to do before signing a lawsuit funding contract. ​

Read more here →

Financial institutions vs lawsuit loan companies

Conventional banks do not recognize the proceeds of a lawsuit as collateral; fortunately, lawsuit loan companies do. Pre-settlement funding companies were designed to provide plaintiffs with upfront money secured against their coming compensation. Although settlement financing is also known as a lawsuit loan, they are not to be considered loans. Unlike a traditional bank loan, there are no monthly payments and no obligation to repay the money if the case does not settle favorably. There may be fees associated with an advance, but all fees are paid once the claim has been awarded.​

Read more here →

Predatory lawsuit money lenders

As with any financial transaction, knowledge is vital. Predatory lawsuit money lending is the practice that convinces a plaintiff borrower to take ridiculously high payback amounts through exploitative methods. There are many pros and cons in choosing amongst the best pre-settlement loan companies in the industry; or the worse. Since legal funding is a relatively new industry, some places that loan money against court cases may try to take advantage of your situation by promising what they can’t and won’t ever deliver.​

Read more here →

Get started in minutes.

Apply for low-interest lawsuit loans with no hidden fees or markups through Baker Street lawsuit money lender. 

Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:

Attorney
Requests

Lawsuit
Loans

LAWSUIT LOANS APPLY

Litigation Funding

Post-Settlement Funding

Surgery Funding

Or just call us at 888.711.3599 to apply.

Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:

Attorney
Requests

LAWYERLOANS APPLY

Lawsuit
Loans

LAWSUIT LOANS APPLY

Litigation
Funding

LITIGATION LOANS APPLY

Post-Settlement
Funding

POST SETTLEMENT LOANS

Surgery Funding

MEDICAL LIEN LOANS

Or just call us at 888.711.3599 to apply.