Best Pre-Settlement Funding Companies

J.G. Wentworth focuses on the fastest, easiest way to get their clients structured settlements, pre-settlement funding and other financial solutions they need. They work with individual claimants as well as lawyers looking to support their clients, bringing them together with companies that can provide the cash they need for breathing room during the prolonged litigation phase.

• Types of claims covered: Pre-settlement funding is offered for personal injury claims. Several other financial services, such as annuity purchasing, structured settlements and home mortgages, are also available.
• Cash advance amount: J.G. Wentworth’s pre-settlement funding is limited to 15%-20% of the total estimated value of your settlement.
• How it works/timeline: If approved, you or your attorney will receive the pre-settlement funding as soon as 24 hours.
• Best for: They’re best if you want a no-nonsense company that has a speedy record.

As one of the largest firms in the litigation funding purchasing industry, Peachtree Financial Solutionscan help clients achieve diverse financial goals through structured settlements, annuities or lottery payouts. Their company follows a strict set of rules: treating people right, listening first, speaking clearly, providing options, working with you and inspiring confidence. These rules and the fact that you have a singular representative handling your case means they pay special focus on customer care.

• Types of claims covered: Peachtree Financial Solutions covers several claims and are not limited to pre-settlement funding — they also cover structured settlements, annuities and lottery winnings.
• Cash advance amount: You can receive as little as $300 and as much as $750,000.
• Timeline: If approved, you can receive your funding as little as 48 hours.
• Best for: Peachtree Financial Solutions is best if you are looking for a hands-on, attentive staff to walk you through the process.

Fair Rate Funding offers pre-settlement services for personal injury cases and provides plaintiffs with an experienced lawsuit funding specialist for individualized services. They understand that the litigation process is long and this may make life hard, as bills will pile up if you are unable to work. However, they offer incredibly competitive rates when you need interim cash so your life will be made whole during that lengthy process.

• Types of claims covered: Fair Rate Funding specializes in a wide range of personal injury cases, including cases on appeal, FELA cases and NFL lawsuit funding.
• Cash advance amount: The minimum is $500, and there is no set maximum advance; however, the maximum amount will depend on your case.
• Timeline: The pre-settlement funding process usually takes 24–48 hours, with funding forwarded via overnight delivery.
• Best for: Fair Rate Funding has a wider-range of knowledge for many types of claims, so they may be the best choice if pre-settlement funding companies have previously denied your claim.

Pravati Capital is a litigation finance company that offers funding for individual clients as well as law firms. Law firms can access the capital needed to grow or maintain clientele. Along with financing for claimants, lawyers and firms, Pravati offers a rare venture for investors with a “non-correlated investment” that is a viable alternative to a fluctuating market with a potentially dynamic return.

• Types of claims covered: Pravati capital provides competition and antitrust litigation financing, class action lawsuit financing, DIP financing, insolvency litigation funding, insolvency litigation funding, insolvency litigation funding, securities and shareholder lawsuit financing and patent litigation funding.
• Cash advance amount: This will depend on several factors. For example, non-recourse financing starts at $100,000 and caps at $20,000,000, but litigation funding can all depend on a firm’s collateral.
• Timeline: Contact Pravati Capital directly for an accurate payout timeline estimate.
• Best for: Pravati is best for large-scale operations such as lawyers or law firms that need to cover their client’s expenses.

One of the fastest pre-settlement funding companies, Mayfield Settlement Funding can provide funds on the same day as approval because they have streamlined the lawsuit loan process while providing both speedy and helpful customer service. They offer pre-settlement funding that is simple, straightforward and doesn’t require a credit check. There is no middle-men involved and no application fee or monthly payments.

• Types of claims covered: Mayfield Settlement Funding includes pre-settlement claims, litigation funding, legal funding and several other lawsuit loans found on their website.
• Cash advance amount: Depending on your case, approved pre-settlement funds are anywhere from $500–$250,000.
• Timeline: You can receive funds as soon as the same day.
• Best for: Mayfield Settlement Funding is best for plaintiffs who need access to cash quickly.

Nova Legal Fundingcompany stands out among other pre-settlement companies in their approach to assigned interest rates — the stronger your case, the lower your interest rate. This system is particularly refreshing in a world where some companies may take advantage of charging higher rates. They do this by being conservative underwriters and following a rigorous policy of funding clients that have quality cases.

• Types of claims covered: Nova Legal Funding works mostly with personal injury cases, such as auto/car accident lawsuits, wrongful death lawsuits, premise liability lawsuits or traumatic brain injury lawsuits.
• Cash advance amount: NLF will provide anywhere between $500–$2,500,000.
• Timeline: NLF works with your lawyer to get you your funds within 24 hours of approval.
• Best for: This company is best for clients that are looking to negotiate their interest rates based on the strength of their case.

LawCashprovides pre-settlement funding, and offers litigation financing as a rolling contract so you can receive your payout in smaller sums over a more extended period of time. This means that your overall rates may be substantially lowered, driving home their focus on giving their clients the lowest rates possible. Since they are the founding members of the American Legal Finance Association (ALFA), LawCash also prides itself on their transparency and ethics.

• Types of claims covered: LawCash handles pre-settlement funding, litigation funding (mostly personal injury), surgery financing and settled case funding.
• Cash advance amount: The starting amount is $500, and there is no maximum amount, but funding amounts depend on your specific case.
• Timeline: You could receive payment as soon as the same day your application is approved.
• Best for: Those interested in rolling contract financing giving you longer-term pre-settlement funding that could mean a smaller repayment. Not only will this present you with a regular income, but may make your repayment less than one lump sum.

High Rise Financial provides simplicity with the pre-settlement funding method by focusing on two things: An easy process and funding within 24 hours of approval. In doing this, they take away the pressure large insurance companies have hoping you to settle during the prolonged litigation process. According to clients, their services are professional, courteous and have positive results.

• Types of claims covered: High Rise Financial covers auto accidents, personal injury and medical device malfunctions.
• Cash advance amount: If approved, you can be eligible to receive $500-$100,000.
• Timeline: You could receive your funding in as fast as 24 hours after applying.
• Best for: A speedy experience with dependable customer service.

Prime Case Funding promotes the lowest rates in the industry, zero risks to their clients, no monthly payments and funding within 24 hours. There is no out of pocket expenses on your part and they have absolutely no say about your case. In addition to pre-settlement funding, Prime Case Funding can also provide you with post-settlement lawsuit cash advances if you have settled your case.

• Types of claims covered: Prime Case Funding covers personal injury cases, surgery funding, medical malpractice and civil cases. Prime Case Funding can also provide post-settlement funding.
• Cash advance amount: The minimum amount is $500, and the maximum is $1,000,000, but you can raise that cap if your case is strong enough.
• Timeline: The process itself may take under a day but is typically finished in 24 hours.
• Best for: Prime Case Funding is best for those who want overall simplicity during their pre-settlement funding process.

Recognized as great legal funding businesses, Oasis Legal Finance is a national structured settlement and pre-settlement funding company has an overall philosophy that guides them in all their interactions. The first is to help claimants deal with financial instability to gain control of their lives once more, then be trustworthy and open so clients can make an educated decision, and finally to remember the client’s dignity so discussions can be respectful and built on understanding.