Pre-settlement funding

Get access to the cash you need before your lawsuit settles.

Personal injury lawsuits often send your finances into a spin as you juggle your bills with limited or no income. Pre-settlement funding offers a smart and effective way to cover unplanned and completely unpredictable costs and emergency expenses resulting from your injuries.

Pre Settlement Funding 1
pre-settlement funding

What is pre-settlement funding?

Pre-settlement funding is a risk-free cash advance against your expected lawsuit settlement or award of damages. If you are a plaintiff, you probably have years before your lawsuit comes to a successful conclusion; in the meantime, you must take care of your essential bills and your family, especially if you are a personal injury victim. Pre-settlement funding can give you the peace of mind that you need when a financial shock from your litigation would otherwise leave you struggling and stressed out.

At Baker Street Funding, we pride ourselves on providing our clients with plaintiff loans tailored to their needs and make sure that it is the best financial solution for them.

Is pre-settlement lawsuit funding a loan?

Despite the word “loan,” pre-settlement funding is non-recourse financing and does not work like traditional loans. Non-recourse third-party plaintiff financing means that the legal funding company will buy a portion of your expected settlement proceeds, and the advance is not based on collateral, recourse, or assets. This is why it is called non-recourse funding, because the funds are paid back only if you win your litigation, and we can’t come after you if you don’t.

On the other hand, when you take out a loan from a bank, you are obligated to pay back the money, or else they can take your house, freeze your bank accounts, repossess your car, sue you, trash your credit score, and even drive you to bankruptcy if you don’t pay off the full debt. This is why financial institutions charge lower rates than settlement financiers; the loan risk is not high.

Baker Street Funding offers quick approval times, low-interest rates, and no risk; only pay if you win your case. 

Who qualifies for pre-settlement funding?

To qualify for pre-settlement funding, you are required to have retained an attorney and must be at least 18 years of age. A pre-settlement cash advance expert will evaluate your case in 24 hours or less and will quickly provide you with the best option. You must have an active lawsuit, and the defendant has to be insured. If your case is already settled, but need funds now until it pays out, then you are automatically qualified for post-settlement plaintiff funding.  

Qualify your case and get a cash advance against your pending lawsuit today.

The process.

The first step is to apply; once you apply for a pre-settlement advance, our team will review your application. We will then communicate with you to confirm your attorney’s contact info and your case’s details. If your funding application is accepted, we will then evaluate your claim with your attorney by giving it a value based on how much money you will receive from the settlement proceeds. The money we are potentially advancing requires documentation of your claim and possible medical records that your attorney will provide because we are buying a portion of your settlement based on your litigation strength in exchange for the cash advance. Once we approve your claim, which takes only 24 hours to evaluate, we will communicate with you to let you know the approval amount. If you accept, we will formulate a contract stating the portion of the proceeds you are selling. This means you will only receive part of your resolution amount and take advantage of receiving the up-front pre-settlement cash for your needs.



Case evaluation process.

Up to 

48 hours max.

How does it help?

Lawsuit financing helps you level the playing field against large insurance companies to provide you with legal funding resources to pay your expenses and help you avoid taking less money than you deserve out of desperation. Plaintiff pre-settlement funding could enable you to move forward with your claims and accept a better settlement offer.

Baker Street Funding helps personal injury victims and corporate litigation plaintiffs get the money they need fast so they can pay their necessities while waiting for the successful resolution of their legal cases.

How is a settlement loan paid back?

First, a settlement loan company is only paid if you end up receiving your settlement or award. If you don’t receive compensation, you will no longer be tied to paying back the funds. Once your lawsuit is resolved, your attorney will first pay medical liens, set apart his fees, and then pay back the company the borrowed funds, plus extra charges written on page 2 of the agreement. 

Victims of lawsuits have overwhelmingly chosen Baker Street Funding because of the high level of services offered. Call us today  for a no-obligation consultation and Get Your Legal Funds Today.

Pre-settlement funding FAQ's.

Pre-settlement funding helps personal injury victims involved with time-consuming and expensive lawsuits get the money they need when they need it the most. You will know if a cash advance based on your settlement is right for you once you understand the following concepts.

The process length varies from 24-48 hours from the moment your lawyer sends your case file.

Your attorney needs to be aware of your concerns and questions about pre-settlement funding, so they guide you correctly. Baker Street Funding has excellent attorney relationships all over the United States and understands that attorneys are busy working on getting the best possible outcome for you. If your attorney needs to find out who we are, we can contact the law firm after your application and our initial conversation so we can get the process moving forward fast and easy.

Never apply for a pre-settlement loan unless you have no other choice but to borrow funds against your lawsuit settlement. Ask your attorney what to do next, so they are also aware of your financial situation.

The amount you are eligible for depends on the value of your case. You can get as little as $1,500 and as much as $750,000. Since litigations are not easy to deal with, realize how much money you need to borrow, and only apply for what you really need. You may have a highly valuable case, but that doesn't mean you should take the whole approval amount, only take out what you need to keep you afloat. 

Yes, you can apply for additional funds.

There are many lawsuit lenders in the industry who take advantage of people like you. Learn to read the contract fully before signing it and understand it. Baker Street Funding contracts are transparent and easy to read; you won't have to worry about those hidden fees. We provide lower rates no matter how complicated your case is starting at 1.5% non-compounding to 3.4%.

Baker Street Funding only provides non-recourse pre-settlement funds in the following states:

Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Minnesota, Montana, Nebraska, New Hampshire, New York, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.

In the following states, we require a minimum amount of funding:

  • 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+. 

While pre-settlement funding companies offer to fund for a small portion of claims, Baker Street Funding provides no-risk lawsuit advances to most types of claims.

Personal injury loans

Motor vehicle and car accident loans

Civil rights pre-settlement funding

Employment and labor lawsuit funding

Corporate litigation funding

Settled Case Funding


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

What is pre-settlement funding for plaintiffs.

 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 the full article here →

How pre-settlement funding companies analyze a case

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 the full article here →

How to find the best pre-settlement funding companies

7 Way 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

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 contract. ​

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Financial institutions vs lawsuit loan companies

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 won or been awarded.​

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Predatory lawsuit money lenders

Predatory lawsuit money lending, what to watch for.

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 →


Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:




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:









Surgery Funding


Or just call us at 888.711.3599 to apply.