Pre-Settlement Lawsuit Loans

Lawsuit loans are a great way to get risk-free cash advances by using your pending lawsuit settlement. To apply for lawsuit funding, call 888-711-3599. You can also fill out our application form online. The process is typically quick, but you must ensure that your lawyer assists in helping you.

The law firm representing you will send your case file, and an underwriter will quickly evaluate your case before issuing approval and funds. 

Funding amounts vary from $1,500 to $2,000,000+, depending on the strength of your lawsuit. If approved, you’ll receive cash deposited in your bank account within a day, or you will get a certified check the next day.

Lastly, full payment is due only after you settle your claim in your favor. 

Learn more: How Lawsuit Funding Works.

Baker Street Funding provides fixed interest rates depending on the risks of your case. This means that the interest rate on the lawsuit loan stays the same for the life of the loan, including a 2-3 year capped rate. So if your lawsuit settlement takes longer than two or three years to settle, you won’t have to pay extra interest on the loan. A 2 or 3-year term protects you from unreasonably high costs that can eat up your financial compensation when you receive your settlement check.

Want to calculate your loan? Check out our Lawsuit Loan Calculator.

It takes an analysis period of 24-48 hours from when 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.

You can get as much funding as your case supports. If your claim is solid, you will be able to apply for additional funds whenever you need it. Not every case is large enough to justify multiple advances—80% of the claims we underwrite come back two or more times for additional money.

Want to learn more about how much pre-settlement funding you can get? Read this article: How many pre-settlement loans can I get?

Baker Street Funding offers plaintiffs the ability to consolidate their previous loans and save money on future payments. We can buy out any previous advance, pay it off and cut your rate, no matter the amount. Get a much lower consolidated rate for your 2nd or 3rd loan.

As long as your case is strong 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 funding, either procedurally or through further medical treatment.
2. The case value needs to merit additional funding.
3. There can not be any open appeals.

No. Non-recourse legal funding is an investment made on a portion of your expected settlement that has no risk to you. This is the bridge between the money you need and the available capital a lawsuit funding company has.