Are you searching to work with a lawsuit loan company but want to weigh your options first before choosing?

There are many legal funding companies in the U.S. that offer basically the same service, but each have their own value propositions and sales pitches. This can make it hard for plaintiffs to know who to choose to go for a cash advance.

We’ve reviewed the overall top pre-settlement funding lenders in 2024 in the U.S. based off of public information as well as our insider knowledge, and we’ve also worked hard to provide you some invaluable advice on how you should approach the process and insider tips on working with whichever lawsuit funding company you decide to work with.

We have prepared this guide to help you choose a pre-settlement / lawsuit loan company for your case. We hope to help you find the lender who can help you best achieve justice – even if it’s not us.

We will cover the following:

Who the top companies our based on our research
What a normal loan application process looks like.
What to look for in the top funding companies with the lowest rate.
Red flags you should be aware of.
Frequently asked questions

At a Glance: Who Are the Top Companies Nationwide?

If you need a lawsuit loan, it’s critical that you work with a lender or legal finance company of integrity that protects your interests — not just their bottom line.

Here are the 10 top-rated settlement funding companies based on our research:

Tribeca Capital Group – (866) 388-2288
Mayfair Legal Funding – (888) 357-1338
Smart Lawsuit Funding – (855) 581-9255
US Claims – (877) 872-5246
America Lawsuit Loans – (888) 335-3537
Direct Legal Funding – (866) 941-5588
Legal Bay – (877) 571-0405
DRB Capital – (877) 300-1674
Peachtree Financial Solutions – (866) 581-6225
Liberty Settlement Funding – (855) 643-0333

RANKED & REVIEWED: The TOP 10 LAWSUIT LOAN COMPANIES

1. Tribeca Capital Group– (866) 388-2288

Headquartered in New York and Los Angeles, Tribeca Capital Group is a reputable and prominent pre-settlement funding company run by Rory Donadio. They help plaintiffs through financial hardship during expensive trials.

Tribeca’s settlement loans are 100% risk-free, as they are structured as non-recourse loans. This means you only pay back the cash advance when you win your case and have received the settlement.

Tribeca deals with nearly every type of lawsuit and is always happy to find a way to help you. Therefore, each case is assessed individually. This legal finance company offers low (fixed) interest rates and speak directly with your lawyer, and the application process is simple and fast. Within 24 hours, they can have a cash advance paid out to you.

Attorney at Law Magazine agrees: Tribeca Capital Group Rated #1 for Better Lawsuit Loans.

Key information:

Official Website
Official Email: info@tribecalawsuitloans.com
Years of Experience: 20
4.8 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: NA

2. Mayfair Legal Funding – (888) 357-1338

Mayfair Legal Funding stands as a premier provider in pre-settlement funding, having successfully funded millions to injured victims in their pursuit of justice. With an impressive 90%+ approval rate, Mayfair ensures that financial burdens don’t stand in the way of rightful claims.

Their process is straightforward: submit an application, let their expert team liaise with your attorney, and once approved, receive your funds securely within 24 hours.

Official Website
Official Email: info@mayfairfunding.com
Years of Experience: 25
4.7 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: NA

3. Smart Lawsuit Funding – (855) 581-9255

Smart Lawsuit Funding is a leading choice for lawsuit settlement loans, offering financial relief to plaintiffs awaiting their case settlements. With the promise to determine qualification within 12 hours, they provide a swift solution to pay bills, purchase essentials, or cover medical procedures.

They cover a wide range of cases, from personal injury and civil rights to workers’ compensation and sexual harassment. The company stands out with its commitment to speed, efficiency, and affordability, ensuring plaintiffs have the financial support they need while their case is ongoing. If the lawsuit doesn’t result in a settlement, clients owe nothing, making the process risk-free.

Official Website
Official Email: https://smartlawsuitfunding.com/contact/
Years of Experience: 20
4.8 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: NA

4. US Claims – (877) 872-5246

According to USClaims funding reviews, this is one of the best settlement funding companies because, with over 20 years of experience, they were one of the first. Legal lending is still a young industry, and USClaims was there from the beginning. This is a friendly company with excellent client service. They offer settlement loans for a variety of cases, including:

Car accidents
Medical malpractice
Surgery funding
Dog bite injuries
Premises liability
Slip and fall accidents

Their pre-settlement funding can be used to pay your household bills or cover any legal expenses you have. You can receive the lawsuit funding loan within 24 hours, with the exception of the weekend.

Official Website
Official Email: info@usclaims.com
Years of Experience: 25
4.7 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: 0

5. America Lawsuit Loans – (888) 335-3537

America Lawsuit Loans is a Florida-based legal finance company. They offer cash advances on their client’s future lawsuit settlement packages. Like every company on this list, their legal funding need only to be paid back when you win your case.

Approval of their loans happens in 24 hours. They specialize in a large range of different cases, including product liability, personal injury, car accidents, and employment cases. They do not perform credit checks, and the approval depends solely on your individual case.

Official Website
Official Email: info@americalawsuitloans.com
Years of Experience: 10+
3.7 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: NA

6. Direct Legal Funding – (866) 941-5588

Direct Legal Funding is a New York-based litigation funding company that helps with cash advances when you are facing a lawsuit. Direct Legal Funding will speak to your lawyer to assess if you are eligible.

They deal with cases of personal injuries, car accidents, and workers’ compensation. They operate on a no-win-no-fee basis.

Official Website
Official Email: info@directlegalfunding.com
Years of Experience: 5+
4.1 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: 0

7. Legal Bay – (877) 571-0405

Legal Bay is a New Jersey-based pre-settlement funding company. Helping injured parties with legal funding when facing a lawsuit so you can pay your bills or cover expensive legal fees. They will speak to your attorney to determine whether you are eligible for financing.

Legal Bay deals with various different cases, including wrongful imprisonment, sexual harassment, and wrongful death, to name a few. They have a simple online application form, and they approve legal funding in 24 hours.

Official Website
Official Email: info@legal-bay.com
Years of Experience: 25
4.8 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: NA

8. DRB Capital – (877) 300-1674

Based out of Delray Beach, Florida, DRB Capital helps with structured settlements and is specialized in annuities. They deal with lawsuits related to personal Injury, medical malpractice and others.

DRB Capital has an excellent reputation on multiple independent review platforms and has been in business for over a decade strong.

Official Website
Official Email: hello@annuityfreedom.com
Years of Experience: 5+
5.0 Customer Rating
Verified Company? No
Number of closed BBB complaints in past 3 years: 14

9. Peachtree Financial Solutions – (866) 581-6225

Based in Pennsylvania, Peachtree Financial Solutions is a legal finance company that provides loans to people facing lawsuits using their future settlements as the loan’s collateral. The lending amount depends on the value of your potential settlement. They will deal with your lawyer directly, who will then need to fill out the claim form, after which a contract will be sent to them.

Peachtree Financial Solutions deals mainly with product liability, personal injury, medical malpractice, wrongful death, and premises liability claims. They approve loans within 24 hours, and they can have the money in your bank account in up to 3 days, depending on the amount.

Official Website
Official Email: info@peachtreefinancial.com
Years of Experience: 28
3.8 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: 5

10. Liberty Settlement Funding – (855) 643-0333

Liberty Settlement Funding is a Florida-based personal injury funding company. They help people in financial need with pre-settlement funding to pay their regular expenses on top of potential medical bills and an expensive lawsuit. They will look at your individual case and cater to your specific needs.

This litigation funding company has a quick approval procedure and can have funds paid out within 24 hours. They have experience with premises liability, work injuries, product liability, Jones Act cases, medical malpractice, road accident cases, and many more.

Official Website
Official Email
Years of Experience: 5+
4.2 Customer Rating
Verified Company? Yes
Number of closed BBB complaints in past 3 years: 13

Why Choose Tribeca as your Legal Lender?

At Tribeca Lawsuit Loans, we help plaintiffs like you resist the delays and lowball offers from defense attorneys so they can win the compensation they deserve. We welcome your legal lending questions before, during, and after the loan application process. You can contact us online or give us a call at (866) 388-2288. A friendly team member will be happy to assist you!

You can apply for legal funding by phone or visit our Apply Now page to get started! Soon, the financial pressure will ease so you can get the compensation your case deserves.

Frequently Asked Questions about Legal Funding companies

If you’re considering taking out a settlement loan, you’ll have some specific questions about these legal funding companies. Here are some of the most common questions we find our clients asking:

What attributes do the top lawsuit funding companies have in common?

Below are the 30 most important attributes to consider when deciding what constitutes a strong and ethical legal funding company that you’d be happy with:

Reputation: Look for a company with positive reviews and a good standing in the industry.
Transparency: The company should be upfront about all fees, interest rates, and the process for acquiring funds.
Interest Rates: Some companies may charge excessively high interest rates. Understand these rates before committing.
Experience: Companies with more experience are likely to have a smoother process and can provide better advice.
Professionalism: The company’s staff should be respectful, courteous, and professional in their dealings.
Quick Approval: Check how quickly the company can process your application and provide funds.
No Hidden Fees: Some companies might charge hidden fees. Make sure the company discloses all fees upfront.
Ethics: The company should operate ethically and legally at all times.
Customer Service: A company with good customer service can be beneficial in guiding you through the process.
No Prepayment Penalty: Some companies charge a fee if you pay back the loan early. Look for one that doesn’t.
Confidentiality: Your personal information should be kept confidential and secure.
Clear Contracts: All terms and conditions should be spelled out clearly in the contract.
Payment Terms: The company should clearly state their payment terms and conditions.
Financial Stability: The company should have a strong financial foundation to ensure they can fund your loan.
References: They should be able to provide you with references or testimonials from previous clients.
Availability: The company should be reachable when you need them, providing timely and accurate information.
No Out-Of-Pocket Costs: Look for a company that does not require you to pay any fees out of pocket.
No Employment Verification: Some companies don’t require employment verification, which can speed up the process.
Size of Advances: The company should be able to provide the amount of money you need.
Case Type Specialization: Some companies specialize in specific case types. Make sure the company has experience with your type of case.
Accessible Application Process: The application process should be straightforward and easy to navigate.
Communication: They should communicate effectively and keep you updated throughout the loan process.
Honesty: The company should be honest and not promise things they can’t deliver.
Competitive Pricing: Compare the pricing of different companies to ensure you get a fair deal.
Location: The company should operate in your state or region.
Legal Expertise: The company should have a strong understanding of the legal process to provide accurate advice.
Time in Business: Companies that have been in business longer are generally more reliable.
Regulation Compliance: The company should comply with all relevant regulations and laws in your area.
Flexibility: Look for a company that can work with unique situations or cases.
Collaborative Attitude: The company should be willing to work closely with your attorney to streamline the process.

How much interest do legal funding companies charge?

The top legal funding companies will typically charge a low interest rate between 1-6% per month, non-compounding. Some companies advertise their rates, others don’t.

How much fees do legal lenders charge?

The top legal lenders / settlement funding companies won’t charge any fee! However for smaller cases there may be a $100 fee, or possibly up to a $300. Always be sure to read the fine print and ask for any fees upfront so that you can make an informed decision. Get this information in writing!

What types of cases can you get a lawsuit loan for?

You can get a lawsuit loan for many different types of cases, depending on the company you choose and what they offer.

As an individual plaintiff, some common cases that you can get a personal legal funding for are personal injury, premises liability, police brutality, wrongful death and more. assault & battery, medical malpractice, dog bites, auto accidents, workplace discrimination, workplace harassment, wrongful termination, unpaid wages, Qui Tam / whistleblower, FELA claims, Jones Act claims, construction accidents, non-medical product liability, defective medical devices, dangerous pharmaceutical drugs, settled claims, dram shop claims, and workers’ compensation.

How do I find the lowest-cost pre-settlement funding company?

You can find the lowest-cost pre-settlement funding for your case by keeping the following factors in mind:

Interest rates: Some companies will charge different interest rates depending on your credit score and how strong they feel your case to be. Be wary of compound interest rates that can result in larger repayments.

Maximum principal loan amount: The higher the cash advance you get, the more you have to repay. Talk to funding companies to find out how much money they think you’ll need in pre-settlement funding. Avoid borrowing more money than you need for your expenses.

Additional fees, if any: Always read the fine print. Some companies may have hidden fees for costs like underwriting, document preparation, and delivery. These surcharges can add up to a hefty sum that will reduce your compensation.

Percentage versus flat-rate fees: Some companies may charge the same amount for similar transactions. Others may charge a percentage based on the number of documents or transactions conducted.

Always ask your licensed funding company to provide a comprehensive breakdown of all their fees, including how often these fees are applied. This will help you save thousands of dollars in unforeseen charges on your lawsuit loan.

Where Can I Find a Reputable Pre-Settlement Loan Company ?

You can find pre-settlement loans near you by looking up the terms “lawsuit loan company” or “pre-settlement funding company” online. Search engines will typically display nearby pre-settlement funding companies on the first results page.

If you’ve already looked up “pre-settlement loans near me”, but want to know more about a company’s reputation, check established review sites like TrustPilot. These provide testimonials and helpful feedback from actual customers that won’t hold back on criticism.

These review sites also indicate how long a company has been lending, the average amount that clients get in loans, and whether they’ve had trouble repaying their cash advances. Tribeca confidently points to our TrustPilot with no reservations because of our multiple benefits and consistently high ratings.

Tribeca has been offering pre-settlement funding for 30 years, providing excellent customer service and flexible lending policies on a case-to-case basis. We do not require a credit score check, have no hidden fees, and offer free case consultations before you apply for a loan.

We offer loans of up to $2 million for different personal injury lawsuits across multiple states. Check out our TrustPilot page and see for yourself why we’re one of America’s top lawsuit funding companies.

Tribeca proudly provides pre-settlement legal funding nationwide, including:

What Qualities Make for a Pre-Settlement Funding Company to be Reviewed by Customers as a Top Choice?

Legal lending is an honorable profession that helps people achieve the compensation they deserve. However, not all legal finance companies are reputable. There are plenty of sharks out there just looking to make a fast buck. When seeking out lenders, look for institutions that do (or don’t do) the following:

Charge simple, non-compounding interest rates.
Do not charge a “fixed fee.”
Do not charge application or processing fees.
Do not charge e-signature fees.
Do not charge excessive delivery and handling fees.
Do not charge brokerage fees.
Communicate well with your attorney.
Answer your questions clearly and in full.
Fund quickly, but never rush you to commit to a loan.
Have excellent reviews from previous clients.

Need a Lawsuit Loan? Next Step: Apply Today With Tribeca

At Tribeca Lawsuit Loans, we strive to provide you with the best legal funding options in the country. We are a legal finance company that offers lawsuit loans for a broad array of cases.

We are deeply invested in making democracy and justice more accessible to all. Your finances should not be a barrier to getting the fair hearing and compensation your case deserves. Just provide some information on our Apply Now page 24/7 or call us at 866-388-2288.

Top Pre-Settlement Funding Companies in the US (2024 edition)