Compare lawsuit loans to determine the best lawsuit funding company for your pending lawsuit settlement. As you may have heard, pre-settlement funding helps cover medical costs due to personal injuries, as well as everyday living expenses.
At Thrivest Link Legal Funding, we educate plaintiffs on legal funding eligibility and their rights to compensation. Many plaintiffs have found financial recovery after receiving our car accident loans and other personal injury lawsuit cash advances. It has always been our goal and commitment to exceed expectations.
The best lawsuit funding company gives you the best terms and rates on a cash advance. But lawsuit plaintiffs have financial options when looking for reliable consumer legal funding. Here at Thrivest Link, we have compiled a list of companies to help you quickly compare lawsuit loans.
Thrivest Link provides risk-free pre settlement funding for personal injury lawsuits and commercial litigation claims. Unlike some other companies, they offer simple rates (also known as non-compounding rate) with no additional costs.
Compared to other lawsuit funding firms, Thrivest Link also offers:
✓ Non-recourse Funding (no-win / no-pay)
✓ Rates at 10% of expected pre-settlement amount, 50% for settled cases
✓ Cash advances typically within 24 to 48 hours after application approval (which only takes hours to review)
✓ Various loan disbursement options including the direct deposit of funds to you or your attorney.
Plaintiffs have depended on Thrivest Link for years, and it’s considered one of the best in the legal funding industry. Some of their most popular settlement loans requested include:
✓ SEPTA Bus Accident Funding (for Pennsylvania residents)
✓ …and even financing options to help attorneys with their client legal funding needs.
As a provider of non-recourse lawsuit loans nationwide, Thrivest Link also provides flexible Attorney Funding and Litigation Financing for law firms. Their 4.7 star rating on Google, and their 5.5 rating on Facebook, is a good indication of a legal funding company you can trust.
Yes, we don’t mind tooting our own horn!
Baker Street Funding is one of the fastest growing legal funding companies in the industry. They also have an extensive network of sophisticated partners and expert underwriters to better serve their clients.
Unlike many other third-party litigation funding companies, Baker Street offers attractive cash advances that range from $1,500 to $5 million!
They’re also known for their competitive rates for plaintiffs and non-compounding rates for attorneys.
As an added benefit to law firms, Baker Street Funding also provides first-class working capital to help finance class action lawsuits, case expenses and firm growth.
Keep in mind, as with all funding companies, that the 24 hour window is only open after your application has been approved. Like many other lawsuit funding firms, Tribeca guarantees that you only have to repay the cash advance if you win your lawsuit settlement.
Tribeca funds personal injury lawsuits and offers mass tort litigation funding for multiple litigants. Further research has uncovered that their parent company has 2 Google reviews, with an average of 3.0 stars. Their sister site, Tribeca Lawsuit Loans, has a Google rating of 4.2 from 32 reviews.
Tribeca Capital Group was founded in 2017, but their Tribeca Lawsuit Loans company wasn’t established until 2019. Neither business is BBB-accredited or rated. This is important because the BBB’s mission is to create an “ethical marketplace where buyers and sellers trust each other".
This legal funding company states that they provide “pre-settlement funding as an alternative to lawsuit loans". Many in our industry, including High Rise Financial, use the term Lawsuit Loans on their website to connect with plaintiffs and how they search. So, High Rise isn’t being completely honest when they say they’re an “alternative" to lawsuit loans.
We’ve researched High Rise Financial LLC reviews and other online sources to get a better understanding of their reputation. High Rise claims that they have a combined 697 reviews online, however when fact checked, they only have 31 reviews. On the website CompareLawsuitLoans.com, High Rise Financial has a rating of 1.0 (out of 5).
Sadly, they allegedly have been reported to the Consumer Financial Protection Bureau and the NJ State Attorney General’s Office (as seen on Google Reviews). From web reviews, their BBB profile (Better Business Bureau), and other areas online, it may be in your best interest to look into a more reputable legal funding company.
As a reminder, please make sure that a pre-settlement funding company is trustworthy and honest with you. Doing so can save you time, money, and financial hardships.
They are fairly large, so you’ll want to ask a lot of questions when interacting with Nova Legal Funding. They also do business as Wellworth Lawsuit Funding and they are associated with another funding company called Ally Lawsuit Loans.
Nova Legal Funding has a B- rating on the Better Business Bureau website, with 2 customer complaints. One of which is as recent as February 2022. In contrast, Nova Legal Funding does have a 4.5 rating (of 22 reviews) on Google.
Make sure that you’re speaking directly with Nova to ensure you get the right information and details of your lawsuit loan agreement.
Their cash advance amount range anywhere between $550 to $500,000 (depending on the strength of your case). If Express Legal Funding does not find value in your case or expected settlement, you may not get the pre settlement funding you need, when you need it.
One area that sets Express Legal Funding apart from others is that they provide ACH direct deposit transfers (or electronic funds transfers) through some mobile payment apps including CashApp, MetaBank, Chime, and more. Make sure to look into which one is best for you.
Express Legal Funding has an impressive Google rating of 4.9, based on 87 reviews, and an A+ BBB rating. According to their information, Express has been in business for 27 years.
Aside from offering the same lawsuit funding services as others in their industry, Uplift Legal Funding does have a 4.9 rating on Attorney at Law Magazine online. Just like Thrivest Link Legal Funding, Uplift provides free consultations and case specific funding quotes.
When reviewing their website, you may feel overwhelmed by the amount of words and descriptions. This may make it difficult for you to find the right lawsuit loan or to determine if Uplift Legal Funding is right for your needs.
This company is good if you are just looking for legal funding definitions and vague resources to get you started.
After comparing all of the lawsuit loan companies above, please remember an important fact: Thrivest Link takes each and every plaintiff case seriously.
You’ll never be a number or just another cog wheel in a revenue machine. We are committed to providing you with impeccable legal funding services and experience that’s built on trust.
✓ We respond to ALL inquiries and application forms quickly and efficiently.
✓ Our team of legal funding underwriters speak directly with your attorney to ensure you get the best loan amounts possible.
✓ Thrivest Link is transparent with clients in terms of financing, rates, and making sure you understand what to expect.
✓ It takes only minutes to fill out our lawsuit funding application, and only hours (not days) to receive funding once approved.
✓ We treat plaintiffs and attorneys with respect and stay in constant contact for the duration of the funding agreement.
When searching for the best legal funding company for your financial needs, there are some key factors to keep in mind. Yes, you want to be able to trust the company, but you also have to make sure they can give you what you need quickly!
The main goal is to research and compare legal financing companies so that you can find the one that woks best for and with you. It’s important to look for and lock in the lowest rate on a cash advance.
Speak with your attorney to see if this is the right move for you to make, but always review legal funding companies yourself.
Always look for these ‘first impressions’ of a lawsuit funding company:
Let’s address the elephant in the room. Lawsuit loans are not for everyone, and some alternative funding companies have higher rates than others. Mostly because there is a large financial risk to alternative lenders that offer non-recourse lawsuit loans. This means that if you don’t win your case, you can keep the cash advance.
Each personal injury case is unique. This is why we can not provide you with an exact loan amount until we can better comprehend your case. Our expert legal funding underwriters work closely with your attorney to get you the fastest cash advance.
This also allows us to negotiate a fair loan for you and your financial needs. If you have a case with a high settlement value, you may also be able to secure a larger lawsuit funding amount.
Yes. Lawsuit Loans can be more expensive than other typical loans and lines of credit. So why should you consider securing pre-settlement funding? Because finding the right legal funding company can help relieve your financial burdens during litigation.
Don’t get distracted!
There are some legal funding companies that are dishonest or not reputable. They will tell you that they don’t have “hidden fees" until after you sign the contract. Some may give you a low rate promise, but then you quickly realize that your rate has skyrocketed.
For the most part, lawsuit funding is not regulated. This leaves the door open for unethical funding firms to try to cut corners, charge more, and provide poor customer service. Some questions you’ll want to ask the lender about include:
✓ Hidden Fees
✓ Additional Costs
✓ Speed of Funding
✓ Case Studies (or real world examples of client satisfaction)
If you don’t win your lawsuit settlement, there is no requirement to repay the non-recourse funding to the lender. If you win your case, a reputable lawsuit loans company will only take a portion of your settlement, along with any additional costs.
Always remember to: Ask Questions!
You should know every aspect of what’s involved in securing a non-recourse loan. Our Frequently Asked Questions about consumer legal funding can be beneficial, and guide you in the right direction.
Some questions to ask lawsuit loan company representatives include:
When you’re ready, fill out our legal funding application to see if you qualify for legal funding or call us at: (888) 697-7352