Top Lawsuit Funding Companies in 2023
[Updated!] originally posted December 02, 2020
Are you a plaintiff in need of financial help while waiting for your lawsuit to settle? We completely understand! There are plenty of reputable lawsuit loan companies out there that can provide the financial relief you need. This can be extremely helpful when facing mounting medical bills or keeping up with other living expenses.
When it comes time to choose a legal funding company to obtain a lawsuit loan, it’s important that you do your research. Make sure they have a strong reputation for providing fast cash advances and fair interest rates.
Helpful Tips to Find The Best Lawsuit Funding
Finding reliable lawsuit loan companies, who provide fast cash advances at reasonable interest rates, isn’t always easy. But following these tips will help you find a top notch legal funding provider that works best for you.
1) Read lawsuit funding reviews
Reading reviews from past or present customers is one of the best ways to get an honest opinion about a company’s reputation. It also gives you insight into how efficient they were at getting pre-settlement funding into the hands of plaintiffs and what type of experience you can expect from the funding company.
2) Don’t be afraid to ask questions
Before signing any funding agreement, ask about any fees associated with taking out non-recourse lawsuit loan. Asking the lending company if their interest rates vary depending on the length of a lawsuit, or the amount borrowed, could save you time and money! At Thrivest Link, there are no hidden fees and interest rates are competitive.
3) Compare various lawsuit loan options
Don’t be too hasty when selecting a lawsuit lender. Compare lawsuit loan companies to determine which one offers legitimate lawsuit funding. This is your money from an expected settlement. Make sure the company is trustworthy and can fulfill your financial needs.
4) Read the funding agreement carefully
Read through any funding agreement thoroughly. Understand what is required between a borrower (the plaintiff) and the third party purchaser. For example, Thrivest Link Legal Funding purchases a portion of your pending lawsuit settlement, but you’re not obligated to repay if you lose your lawsuit!
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10 Best Lawsuit Settlement Loan Providers
1. Thrivest Link Legal Funding
Thrivest Link Legal Funding is a national pre-settlement funding company based in Conshohocken, Pennsylvania. We help plaintiffs get a fast cash advance for personal injury cases, including for medical care after an accident, as well as post-settlement funding.
If you need car accident loans, surgical funding, or other legal funding for civil cases then Thrivest Link is the right choice for you! We guarantee no hidden fees, reasonable interest rates, and money delivered to you in 24 to 48 hours (after application approval).
We provide funds for you if you’re in the states of Alabama, Alaska, California, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming. In addition to this, funds do not have to be repaid to us if the case isn’t won. Get settlement money now from Thrivest Link Funding – it’s simple and safe.
2. Nova Legal Funding
Nova Legal is a company based out Los Angeles, California that gives pre-settlement funds. Lawsuit loans are given by them for a lot of cases, but they work on personal injury cases most times. In addition to this, Nova gives funds to persons in over 47 states in the country. After approval, you will get a cash advance within 24 hours from them. Furthermore, funds do not have to be repaid if the case is lost.
3. High Rise Financial LLC
High Rise Financial LLC was established in 2016 by Michael and Mark Berookim. Their main headquarters is located in California and they offer pre settlement funding for plaintiffs involved in personal injury lawsuits. High Rise also claims to provide scheduling and financing for surgery and medical care.
Recent reviews from customers (from 2022) also show that High Rise Legal Funding has declined to fund several plaintiffs. They also offer clients an average of 10% of their settlement, which doesn’t translate into much of a financial gain for you.
Use caution and better judgement when reviewing their legal funding services and high interest rates.
4. Oasis Financial
Oasis Financial is a pre-settlement funding company based in Rosemont, Illinois. They help fund many cases such as auto/vehicle, workplace, and premise neglect lawsuits. For example, once you’ve filed a case because you were hurt by another owner’s property without a warning, then you can get slip and fall settlement funds.
Also, as many other lawsuit loan companies, you do not have to repay their cash advance if your case is lost. Moreover, they give pre-settlement loans for you if you live in the states of Connecticut, Georgia, Illinois, Indiana, Louisiana, Missouri, New Mexico, Ohio, Oklahoma, and South Carolina, Nevada, Alabama, and Oklahoma.
5. Peachtree Financial Solutions
Peachtree Financial Solutions is a pre-settlement funding company based out of Radnor, Pennsylvania. Additionally, interest rates on their pre-settlement advance can vary from case to case. Once approved, you can expect a cash advance within 48 hours from them. Also, for your lost cases you will not need to pay anything back.
6. PS Finance
PS Finance is a pre-settlement funding company based within New York City, New York. Moreover, they help to give funds for cases such as a slip and fall settlement for premise neglect. In addition to this, PS Finance works on personal injury cases, wrongful deaths, and many more types. Also, they aid persons located in over 35 states in the country. Once approved you can expect a cash advance within 24 hours from them.
7. Momentum Funding
Momentum Funding is a Florida-based company that provides pre-settlement loans for lawsuit cases. Along with pre-settlement funding, they give cash advances on medical procedures.
Additionally, Momentum can help you if you’re located in the states Arizona, Arkansas, Colorado, Idaho, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Nebraska, Nevada, New Mexico, North Carolina, South Carolina, Utah, Vermont, West Virginia, and Wyoming. Despite this, interest rates on their pre-settlement loans are only available after approval. You can expect your funds within 24 hours after approval from them.
8. Litigation Capital Investors, Inc.
Litigation Capital Investors Inc. is a pre-settlement funding company founded by Jim Welch. Additionally, they’re located within the Township of Washington, New Jersey. Litigation Capital Investors works on cases such as auto/vehicle, personal injury, slip and fall cases. Also, the interest rates for their cash advances are on their website. More importantly, funds do not have to be repaid if your case is lost. After approval, you can expect your funds within 1-2 days from them.
9. Baker Street Funding LLC
Founded in 2018, Baker Street Funding LLC is a pre-settlement loan company based in New York City, NY. In addition to this, they work on giving car crash loans and many other loan services while your case is pending.
Also, Baker Street gives aid to persons in over 30 states in the country. Once paid, you do not have to repay anything if your case is lost. Moreover, you can expect your funds from them within 24 hours of being approved.
10. Fast Legal Cash
Based in California, Fast Legal Cash is a company that gives pre-settlement funding for cases. Additionally, they help to get settlement funding for many case types while your case is pending. This makes it to where you can basically get settlement money now from them. Even though Fast Cash Legal gives cash advances to states within the U.S., this does not include them all. Subsequently, after being approved you can expect funds within 24 hours from them.