At Tribeca Lawsuit Loans, we offer immediate pre-settlement funding in the state of California at competitive interest rates to meet the needs of those currently in personal injury lawsuits.

Settlement funding, also known as a lawsuit loan, is a form of cash advance that gives California lawsuit claimants money in the here-and-now instead of having to wait for their lawsuit to slog through the system. If you are a plaintiff in the middle of a case, struggling to pay your bills, a lawsuit loan may be exactly the help you need.

Don’t bow to financial pressure and settle your lawsuit for mere pennies on the dollar. With a settlement loan, you can meet your current financial responsibilities while continuing to fight for the compensation you deserve!

Office Information

AddressTribeca Capital Group, LLC3415 S. Sepulveda Boulevard, 11th FloorLos Angeles, California 90034Call: 24/7Phone: 866-388-2288

What is a California Lawsuit Loan?

A lawsuit loan in California provides plaintiffs with a financial lifeline during ongoing legal battles. These non-recourse loans, also known as pre-settlement funding, allow plaintiffs to access a portion of their anticipated settlement funds to cover essential expenses while their case progresses.

The loan is repaid solely from the settlement proceeds, ensuring that the borrower’s personal assets and income remain protected.

To qualify for a lawsuit loan, plaintiffs must be represented by an attorney and have a strong case with expected damages. The loan amount is determined by assessing factors such as the case’s strength, anticipated settlement size, and estimated duration.

By working with reputable lenders, plaintiffs in California can obtain the financial support they need to level the playing field against defendants’ stall tactics and pursue the compensation they deserve without compromising their financial security.

Win a Bigger Settlement With a Lawsuit Loan

As the plaintiff in a lawsuit, you’re likely facing a powerful and well-financed opponent. If you have suffered harm from a defective product or medical device, you’ll have a corporation’s entire legal department arrayed against you. Even in a car accident, you’re not facing another individual but their insurance company.

These companies often delay the lawsuit, dragging out the proceedings for months or even years. This deliberate ploy leverages your financial hardships to force you to settle for less money. California lawsuit settlement loans provide you with the cash you need to meet your expenses, so you can fight for the compensation that is rightfully yours.

At Tribeca, we help you to level the playing field.

Because we’re invested in the successful conclusion of your lawsuit, we may also provide case funding for your attorney. This can pay for expert witnesses and other litigation expenses to strengthen your case.

Lawsuit Loan Eligibility in California

Our team provides legal funding and lawsuit loans to clients across the Golden State. Headquartered in Los Angeles, we can serve you no matter where you live. We’ve helped lawsuit claimants in cities like:

Los Angeles
Monterey
Napa
San Diego
San Jose
San Francisco
Fresno
Sacramento

The list goes on! As long as you are the plaintiff in an existing lawsuit, you should qualify for legal funding. Some of our California settlement loans have funded clients with cases that dealt with:

And so much more! We provide the legal funding you need to pursue just compensation. Whatever type of California lawsuit settlement loan you need, Tribeca is here to help!

How Can California Lawsuit Loans Be Used?

When you take out a settlement loan in California, there is no restriction on how you use the funds. It is your money! Frequently, our clients use the money for:

Medical bills
Property repair
Rent or mortgage payments
Daily costs (gas, food, etc.)
Property damage repair
Replacing lost wages

Do you need the money from your lawsuit settlement now? A lawsuit loan may be the answer. Fill out our FREE application form by heading over to our Apply Now page. Call the Tribeca Lawsuit Loans team at 866-388-2288 if you have any questions or issues regarding the application process.

But is taking on more debt a good idea when you’re in financial distress? If it is a non-recourse loan, you bet!

What is a Non-Recourse Loan?

Legal lending like lawsuit loans or personal injury lawsuit loans is structured as non-recourse loans. In a non-recourse loan, the collateral (in this case, your future lawsuit settlement) is the only possible source of funds to repay the debt. Your lender has no resource to attach your income, assets, or personal property to repay the loan. In fact, should you lose your case, you would owe us nothing!

Because your finances can never be used to repay us, our lawsuit loan application for California includes:

NO credit check
NO employment verification
NO asset evaluation
NO proof of income

We will never see a single cent of your money, so we have no interest in your private finances. Your future settlement is the only source for repaying your lawsuit loan. Therefore, our application DOES ask information about your case, including:

Contact information for you and your attorney
Information regarding the type of lawsuit you filed
Your total damages in the case thus far
How much money you would like to receive

Applying for a lawsuit loan near you in California is quick, easy, and FREE!

How Much Pre-Settlement Funding Can I Receive for My California Lawsuit?

The amount of pre-settlement funding available for a lawsuit loan in California varies depending on factors such as the case’s strength, anticipated settlement size, and expected duration. Reputable lenders like Tribeca Lawsuit Loans can provide anywhere from $500 to $2 million in funding, tailored to each plaintiff’s unique needs.

The underwriting team assesses the case details and works closely with the plaintiff’s attorney to determine the appropriate loan amount. If additional funds are required as the case progresses, plaintiffs can apply for subsequent rounds of funding without limitation, subject to qualification.

What Are the Costs Associated with Lawsuit Loans in California?

In California, the cost of a lawsuit loan is a predetermined portion of your anticipated settlement or compensation. This portion will be clearly outlined in the loan agreement before you sign any documents.

The loan is secured solely by the potential proceeds from your lawsuit, which serve as the collateral, meaning that your personal income and assets are never at risk.

Reputable legal financing companies should not charge any application fees and will typically offer simple interest rates rather than compounding interest. This straightforward approach ensures that you have a clear understanding of the costs involved in obtaining a lawsuit loan in California.

Interest Rates on Lawsuit Loans in California

When considering a lawsuit loan in California, it’s essential to understand the interest rates involved. Plaintiffs can obtain low rates starting at 3% simple interest per month from reputable lenders. The interest rate is determined by factors such as the strength of the case, expected settlement amount, and anticipated duration of the litigation.

It’s crucial to compare rates from different providers, as they can vary significantly. Some lenders may offer capped deals or simple interest rates, while others may charge compound interest. By carefully evaluating the terms, conditions, and repayment options, plaintiffs in California can make an informed decision when seeking financial support during their legal battle.

Do California Lawsuit Loans Charge Interest?

Our company charges a flat, simple interest rate rather than the compound interest other lenders charge. This helps ensure that we provide the lowest possible rates. While we can’t give you a specific percentage here, since that depends on the details of your claim, we can say that we always work to benefit our clients. Our goal is to help you pay your bills so you can pursue your claim to its completion. And we work to ensure that you will be able to keep as much of your settlement as possible. You repay your California lawsuit loan out of your eventual compensation package.

Applying for Your California Lawsuit Loan Is Free!

Head to our Apply Now page to get started, completely FREE. Provide facts about your case and the contact information of your attorney. If you have any questions or concerns regarding lawsuit loans near you, feel free to call our office at (866) 388-2288 to speak with a helpful team member.

We offer lawsuit loans near you in the following locations and more:

We look forward to assisting you with a California lawsuit near you so that you can get the compensation your case merits.

California Lawsuit Loans – Frequently Asked Questions

What are lawsuit loans in California?

In this state, lawsuit loans provide plaintiffs in civil cases with early access to their future settlements so that they can pay their current bills. When a lawsuit continues for months or even years, the plaintiff may struggle to make ends meet. Legal funding can alleviate the economic pressure while allowing their attorney the time needed to negotiate the best possible settlement.

Why is my lawyer taking so long to settle my case?

Lawsuits can drag on for months or even years, but this is not the fault of the plaintiff’s attorney. There are three primary causes of the slow pace of lawsuits. First, the civil courts’ system is slow and in need of essential personnel to run more efficiently. Second, civil cases often have complicated fact patterns that take time to investigate thoroughly. Third, defense attorneys and insurance companies deliberately stall negotiations, dragging them out as long as possible. This delay tactic is designed to leverage the plaintiff’s financial distress against them, hoping it will force them to settle for a small fraction of their case’s worth.
Sadly, this cynical ploy is highly effective. Many plaintiffs are forced to settle for just 20-30% of their lawsuit’s value just to get enough money to pay their bills. A lawsuit loan can provide the cash needed to relieve the financial pressure, pay the bills, and allow the attorney the time necessary to negotiate a just compensation.

Are California pre-settlement loans safe?

Yes, California settlement loans are entirely safe for the borrower. This is because settlement loans are structured as non-recourse loans, which can be repaid solely from the loan’s collateral. In legal funding, the collateral is the lawsuit’s future compensation. Therefore, the borrower’s income and assets can never be touched to repay the loan. In fact, they are not even checked during the application for funding.

The Internal Revenue Service (IRS) describes non-recourse loans by saying that borrowers are not personally liable for repaying them. Therefore, not only are California pre-settlement loans safe for the borrower, but if the lawsuit is lost, there is no need to repay the loan.

Do I need an attorney to get a lawsuit loan in CA?

Yes, you must have representation by a contingency-based attorney to qualify for a CA lawsuit loan. This is for two reasons. First, attorneys consistently win their cases with far larger settlements than those who represent themselves. Since your legal lender will be repaid only if you win your case, this is a key consideration. Then, when your compensation is paid, it goes directly to your attorney. First, they send the lender the agreed-upon portion of the settlement. Then, they deduct their fees and send the balance to the client.

Get a Pre-Settlement Lawsuit Loan in California Quickly