Lawsuit loan companies provide pre-settlement legal funding to help ease your financial worries while you wait on a settlement.
Whether your lawsuit is over a personal injury, a car accident, or wrongful employment termination, bearing the initial costs of the damages you are suing for can easily put you in a precarious financial situation.
Lawsuit funding companies can help you out of such a pinch.
With a lawsuit loan from a pre-settlement funding company, you won’t have to decide between taking a lowball settlement offer and paying your bills on the one hand or falling behind on bills and holding out for a better settlement offer on the other.
With a lawsuit loan, you can take care of your immediate expenses now and still fight to get the best settlement possible.
To find the best lawsuit loan for you, you will want to shop around at different legal funding companies.
To help you narrow your search for settlement funding companies, Injury Wallet has compiled a list of the ten best pre-settlement funding companies of 2022.
If you need help finding the right lawsuit funding company that fits your needs, please don’t hesitate to contact us.
1. Oasis Financial
Oasis Financial is one of the best pre-settlement funding companies available in 2021. Starting in 2003, Oasis has been in the pre-settlement funding industry for almost twenty years.
The founders of the company were attorneys who saw a need for financial assistance for many of their clients as they waited for the settlement process to finish.
Oasis Financial has an A+ rating from the Better Business Bureau. Since its inception, Oasis has helped more than 250,000 clients weather the financial storm as they let the legal process run its course.
Oasis Financial offers loans between $500 and $100,0000. Once approved, clients of Oasis can expect their funds in as little as 24 hours.
Finally, Oasis Financial has a no-risk guarantee—if you don’t get a settlement or win your case, you won’t owe Oasis anything.
Learn more about Oasis Financial’s reviews.
2. Law Cash
Next on our list of 2021’s best lawsuit loan companies is Law Cash. Law Cash has helped clients secure pre-settlement funding for close to twenty years.
Law Cash offers three different kinds of lawsuit funding: plaintiff pre-settlement funding, surgery funding, and settled case funding.
With plaintiff pre-settlement funding, you can secure a loan as you let the legal process take its course.
Surgery funding will help you bear the hefty cost of surgery if you don’t have the resources to pay for it. Finally, settled case funding is available if your case is already settled, but payment has not yet been made.
Law Cash has a quick and easy application on its website that you can complete in just a few minutes.
3. Nova Legal Funding
Nova Legal Funding is another one of the best lawsuit settlement funding companies of 2021.
Nova has been featured on media outlets, including The New York Times, Forbes, CNBD, California Lawyer, and MSN Money.
They offer the lowest rate guarantee and don’t require a credit check to get a loan.
Nova’s loan rates are as low as 1-3%. To date, Nova Legal Funding has helped its clients to the tune of more than $25 million.
Whether your lawsuit is over a car accident, a personal injury, pharmaceutical drugs, or employment law, Nova Legal Funding can help you secure a lawsuit loan.
4. Peachtree Financial Solutions
While Peachtree Financial Solutions has helped clients fund more than 19,000 cases since its inception in 1996, it isn’t just a lawsuit loan company.
In addition to pre-settlement funding, Peachtree Financial Solutions helps people sell or restructure annuities, restructure lottery winnings, and restructure settlement payments.
Peachtree Financial Solutions’ goal is to help people from every walk of life reach their financial goals. It has helped people in each of the 50 United States achieve those goals.
To reach out to Peachtree Financial Solutions for pre-settlement funding, just fill out its quick web form, and Peachtree will connect you with the right representative.
For additional information, see Peachtree Financial Solutions reviews.
5. High Rise Financial
High Rise Financial is one of the best pre-settlement funding companies in 2021. High Rise offers a quick and easy process to get pre-settlement funding.
High Rise doesn’t require a credit check, doesn’t review your financial situation, and doesn’t require its clients to have a job.
High Rise Financial’s pre-settlement funding is risk-free, so if you don’t win your case, you won’t have to pay back your loan.
High Rise Financial offers pre-settlement funding for just about any type of lawsuit you can imagine.
High Rise has helped people with everything from construction accidents to wrongful death lawsuits.
6. Prime Case Funding
Prime Case Funding is one of the industry leaders in lawsuit funding. Among other points of pride, it offers funding to its clients in as little as 24 hours.
In addition to pre-settlement funding, Prime Case Funding helps its clients with settled case funding.
If you have already won your case but have yet to receive the payment you are due, a settled case loan could be the right option for you.
Prime Case Funding can help with all your lawsuit funding needs with minimal risk.
7. Fair Rate Funding
Next on our list of the best lawsuit funding companies of 2021 is Fair Rate Funding.
Applying for help with Fair Rate Funding is free, and if you do not win your case or reach a settlement, you will not have to repay the funding you receive.
In some instances, after applying for funding, Fair Rate can get the cash you need to your account in less than 24 hours.
Fair Rate Funding has many satisfied customers.
One of its prior clients, Candie S, had this to say of the service they received, “Paul made me feel not only like a client but like a friend. They bent over backward for me by continuing to fund my case several times as the insurance company continued to drag their feet.”
This level of client service demonstrates Fair Rate Funding’s commitment to its clients.
8. Ally Lawsuit Loans
Ally Lawsuit Loans helps clients throughout the United States meet their financial needs as they let the legal process take its course.
Ally Lawsuit Loans follows a simple three-step process to get you the money you need. First, you apply for your loan online or over the phone.
Second, with the information you provide, Ally Lawsuit Loans contacts your attorney to understand your lawsuit.
Finally, when Ally Lawsuit Loans approves your application, it will deliver you the money you need within 24 hours.
Ally Lawsuit Loans is one of the top-rated pre-settlement funding companies of 2021.
To learn more, check out Ally Lawsuit Loan’s listing here.
9. Mayfield Settlement Funding
Mayfield Settlement Funding offers pre-settlement funding between $500 and $250,000. Applying for help with Mayfield Settlement funding is always free.
Unlike some companies, Mayfield does not require monthly payments.
Its application process is quick and simple, so you can get a quote from Mayfield without worrying about waiting too long.
In addition to pre-settlement funding, Mayfield offers cash advances on settlements as you wait for your settlement payment.
10. Cherokee Funding
Cherokee Funding has been helping clients bridge the financial gap between filing and settling lawsuits since its inception in Atlanta, Georgia, in 2011.
As one of the best lawsuit lending companies in 2021, Cherokee Funding has an “excellent” rating on Trustpilot.
Cherokee prides itself on being one of the most transparent pre-settlement funding companies around. Cherokee Funding is proud to be a member of the American Legal Finance Association (ALFA).
ALFA is a trade association for legal funding companies in the United States that helps ensure and enforce the transparency, fairness, and ethical business practices of all its members.