5 Best Lawsuit Loan Companies In The USA

Whether you’re looking for a personal injury loan or wrongful imprisonment funding, you deserve to know that you have access to the best lawsuit loan companies. In general, pre-settlement loan companies provide money as an advance from a pending settlement to help ease financial restraints while plaintiffs wait on the settlement to conclude. Funding lawsuits in the US are very common, and thousands of them are filed every single day against individuals, insurance companies, and other entities. However, lawsuits in the US can be costly, especially if the opposing party firmly fights the case. 

In general, personal injury cases are the perfect example for victims who sue a large corporation such as an insurance company. Unfortunately, an injured person with a legal battle will tend to settle their case for less than what is worth due to long insurance settlement delay methods. There is nothing fair about this tactic, and delayed justice is what is victims are ultimately served. 

Lawsuit loan companies exist for these reasons to provide loans to plaintiffs lacking the equity on hand to fund their needs. Lawsuit loans are non-recourse loans that act as cash advances to pay for living expenses while involved in pending litigation. Many people who seek reimbursement from the defendant but will be indebted soon from all costs that come with legal battles find lawsuit funding to be a lifeline.

These days, however, it’s not uncommon that certain settlement loan companies predate on vulnerable victims. A predatory lender can end up leaving you without your settlement. Finding the right pre-settlement funding company can be intimidating. Fortunately, if you’re considering a new loan today, you’re in the right place. We’ve scoured many options to bring you the top 5 reputable settlement loan companies today. 

It’s in these best lawsuit funding companies that you may find a reputable firm that offers low-interest rates, low fees, and excellent customer service.

Read on to discover what to look for in a potential lender and how to choose the best pre-settlement loan company for your case.

Top 4 lawsuit loan companies in the US

Here are the top 5 settlement loan companies that you can search for while deciding on which lawsuit loan company is best for you:

1.Baker Street Funding 

2.US Claims 


4.Legal Capital Corp 

Baker Street Funding: (888) 711-3599

“Pre-settlement lawsuit loans in 24hrs or less.”

Baker Street Funding  is among the best lawsuit funding companies on the market today. They pride themselves on their flexible terms, plus it offers one of the lowest interest rates on the market. Their lawsuit funding rates are non-compounding, and they offer a lot of flexibility, including refinancing and price match. Baker Street Funding may be the perfect choice for borrowers saddled with high-interest from other lawsuit lenders who want to consolidate or refinance their previous advances. They also provide lawsuit loans without requiring repayment if the case doesn’t settle. This is a big deal for the individual, as well as bringing more financial freedom. Just fill out an application, Baker Street Funding evaluates your case, and you are approved the same day to receive the loan.

Baker Street Funding was founded to make legal funding as simple and user-friendly as possible. The company is an innovator in the industry and provides multiple financing structures to tailor a funding agreement to a specific case and situation. Over $50 million in funding has been provided by Baker Street Funding in just one year to thousands of Americans. They offer amounts starting at $1,500 up to $10,000,000 and may be perfect for borrowers with powerful cases.

US Claims: (877) US Claims  

“Fast and low fees pre-settlement cash advances during legal proceedings. No gimmicks and no games.”

USClaims is one of the best pre-settlement funding companies due to its straightforward with no gimmicks and no games type of service. It was started by some former personal injury attorneys in 2000, and it immediately became the go-to pre-settlement funding company of its time. The US Claims application process is entirely free and without risk. The plaintiff pays nothing until they win their case—no hassles, approval in 24 to 48 hours, followed by fast cash. Having helped people for 20 years, they have funded 52,000 cases and raised $500 million this year alone. 

US Claims offers compounding and non-compounding rates, factually still on the low side. Their unique underwriting process takes things like the attorney’s reputation and case strength into account, plus other factors unrelated to the case. It’s good to know that they target clients with strong claims. However, they are pretty much open to taking all types of personal injuries offering amounts starting at $500 up to $5,000,000. 

LawCash: (800) LAW-CASH

 “Gives clients five-business-day right to cancel their legal funding contract without obligation or penalty.”

LawCash  is designed for borrowers who may have trouble securing pre-settlement funding through other lenders. Not only is the minimum case strength requirement relatively low, but Law Cash offers a fast funding approval time.

Overall, Law Cash provides lawsuit funding solutions for personal injury plaintiffs with new and settled claims. They provide access to money that can help alleviate the financial burden that comes with lawsuits. 

As such, US Claims is ideal for borrowers with new cases as well as those with soft and catastrophic injuries. 

In addition to funding their expenses, they offer a risk-free advance of up to $300,000, and they are only paid after your case is settled. 

Law Cash is one of the top pre-settlement funding companies in the US, and if you’re facing financial hardship during legal proceedings, you should look into them. 

Legal Capital Corp: (866) 254-1766

“Low flat-fee pre-settlement cash advances that are approved quickly.”

Legal Capital Corp prides itself on its quick funding and lack of hidden fees. With loans starting at $500 up to $5,000 and competitive interest rates that never go up and never change. Legal Capital Corp is the type of lawsuit loan company that does not require monthly payments, credit checks, or risk assessments. You owe them nothing if your case does not settle. It works by helping you get the money you need while your case is pending. A legal process is typically lengthy, and they can guide you through it. 

Legal Capital Corp assists their clients with meeting their basic living expenses while under financial stress because of a lawsuit. In order to accomplish this, they assist people in creating realistic spending budgets to help the money last until their case is won. The goal is to reduce the cash advance amount required by the client, considering the funding amounts don’t go over $5,000.

Legal Capital Corp is a reliable and suitable option for customers looking for lower amounts of pre-settlement funding. They offer a personalized service to help you figure out how much you need to borrow. You can contact them today if you need less than $5,000 to get you through the here and now.

Pre-settlement cash advance requirements

It’s only when you decide to proceed with a pre-settlement loan that the settlement lender will require you to have an attorney. Pre-settlement funding companies perform a detailed case evaluation with the information your attorney provides. Having an attorney is a way for the pre-settlement funding provider to make sure a borrower meets their minimum requirement, that your case has merits and the money is paid when the settlement check arrives. Not having an attorney will disqualify you from getting funding.


There’s a wide range of legal funding options available. That’s why it’s so important to know how to identify the best lawsuit funding companies. The most reputable funding companies have three things in common:

Low interest rate

The “interest rate” is a fee you pay to borrow money from your case. It’s calculated as a percent of the total you take out and is based on a case-by-case assessment. Depending on how much they think you will get in your settlement, you will get a set rate. The best funding companies will charge a fixed rate, meaning non-compounding: a rate that doesn’t change and a low fee. Be extremely careful with companies that rates change every month. 

Those companies that tell you they don’t charge a base rate, are the most predatory.

Remember, the lower the interest, the more money you save when you get paid.

Terms and cancelation of the cash advance

A pre-settlement term or capped rate is the life of your loan in which you are charged interest. The longer the loan term, the more you will pay. For example, if you sign a loan with a lawsuit loan company that doesn’t offer caps, you are looking to pay interest as long as your case is alive. If you don’t like your contract after you signed it, you should be able to cancel it. Look for a company that offers a cancelation agreement.

And most important, look for lenders that provide 2 to 3 year caps, which is the time of the term where your loan officially ends, no matter when your case officially resolves. After all, the best lawsuit lenders fit your settlement budget and “timeline”.

Pre-settlement cash advance low fees

The best lawsuit loan lenders won’t charge over 15% in fees and they won’t charge early re-payment fees or other type of hidden fees.

For example, reliable settlement funding companies charge origination fees to cover the cost of processing and distributing your cash advance. These fees range from 5% to 15% of the amount you borrow from your case. Using the scenario above, if you borrow $10,000 to pay for medical bills, that means you could pay between $500 and $1,500 in fees alone. Never pay more than 15% in fees. If a lender tries to charge you more than 15% on contract, do not sign, move on and seek for a better company.

Jennifer Alex

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