You know that getting a cash advance against a pending lawsuit settlement is not a decision to be taken lightly. That’s why you’re searching for the very best settlement funding company.

Make no mistake: Nova Legal Funding is a pre-settlement funding company, and we want your business. But even more than that, we want you to make sure you have the information you need to choose a funder who is deserving of your business.

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That’s why we’ve conducted research on 25 of the most popular legal funding companies in order to present you with facts that will help you determine the best company for you. The companies listed below were analyzed against three key indicators:

  1. Years in business;
  2. Number of online reviews, and;
  3. The aggregate star rating of those reviews (out of 5).

Based on this assessment, we then categorized each settlement funding company into three tiers:

  • Tier 1 Funders – These companies have scored between 9.0 and 10.0 in our study. These companies have been in business for at least 3 years, have at least 100 online reviews, and have an aggregate star rating of at least 4.5.
  • Tier 2 Funders – These companies have scored between 7.0 and 8.9 in our study. These are companies that have fallen short in one of the categories above (ie. less than 3 years in business, less than 100 online reviews, less than 4.5-star rating).
  • Tier 3 Funders – These companies have scored between 5.0 and 6.9 in our study. These companies generally have a small number of total online reviews and/or a sub-4.0 star rating.

NOTE: This information is not a substitute for seeking advice from your lawyer about whether a lawsuit loan is right for you. Before applying with a pre-settlement loan company, talk to your attorney about all of your options. You should never sign any paperwork from a lawsuit loan company without reviewing it with help from your attorney and making sure that all of your questions about the pre-settlement loan process are answered. This guide was prepared by and is an advertisement for Nova Legal Funding.

So without further ado, here are our rankings for the best lawsuit loan companies in 2022.

To learn more about our methodology for ranking the best legal funding companies click here.

The Top 25 Legal Funding Companies

Tier 1 Funder
rated 9.5 out of 10

Nova Legal Funding

Nova Legal Funding is a pre-settlement loan company based in Los Angeles, California. Although Nova funds all types of cases, the pre-settlement loan experts at Nova Legal specialize in personal injury cases. Nova uses a conservative underwriting process and sets low interest rates on a case-by-case basis. All Nova advances are offered on a “non-recourse” basis, which means that you do not owe anything if you do not settle or win your case. For approved applicants, Nova can advance cash in as little as 24 hours.

7 YEARS IN
BUSINESS
511 ONLINE
REVIEWS
4.6 out of 5
Rating

Tier 1 Funder
rated 9.6 out of 10

High Rise Financial

High Rise Financial is a California-based pre-settlement loan company that works with plaintiffs in personal injury lawsuits. High Rise Financial also facilitates surgery funding, also known as “on-lien” or lien-based medical care. High Rise Financial offers funds to approved plaintiffs within 24 hours of approval. Although the company does not disclose its interest rate percentage on its website, High Rise Financial states that it does not apply compound interest to its pre-settlement loans.

4 YEARS IN
BUSINESS
752 ONLINE
REVIEWS
4.7 out of 5
Rating

Tier 1 Funder
rated 9.5 out of 10

Peachtree Financial Solutions

Peachtree Financial Solutions is a Pennsylvania-based company that offers pre-settlement funding. Founded in 1996 and subsequently acquired by J.G. Wentworth, Peachtree Financial Solutions offers no-recourse legal funding to plaintiffs. Peachtree Financial Solutions bases its interest rates on pre-settlement advances on the strength of each case. It offers successful applicants funds within as little as 48 hours of approval. Peachtree Financial offers other services in addition to pre-settlement loans, such as structured settlements, lottery payments, and annuity payments.

26 YEARS IN
BUSINESS
205 ONLINE
REVIEWS
4.9 out of 5
Rating

Tier 1 Funder
rated 9.4 out of 10

Uplift Legal Funding

According to it’s website: Uplift Legal Funding was founded by Jared Stern in 2017 to change the traditional lawsuit loan experience. We do this by focusing on providing top-notch service, fast turnaround, and low rates. We give lawsuit loans to plaintiffs in need. Unlike traditional loans, lawsuit loans come with no strings and no spending restrictions. We advise our clients to only take what they need for living or medical expenses.

5 YEARS IN
BUSINESS
111 ONLINE
REVIEWS
4.8 out of 5
Rating


Tier 2 Funder
rated 8.5 out of 10

Legal Capital Corp

According to it’s website: Since 2000, Legal Capital Corp has remained passionate about our mission: providing injury victims who are awaiting the resolution of a lawsuit with easy and affordable pre-settlement cash advances. We have the experience and resources to quickly get you the funding you need to ease your financial burdens when you need it most.

22 YEARS IN
BUSINESS
51 ONLINE
REVIEWS
4.9 out of 5
Rating

Tier 2 Funder
rated 8.5 out of 10

Express Legal Funding

According to it’s website: Express Legal Funding is a Plano, Texas based pre-settlement funding company that provides money to injured and damaged plaintiffs throughout the claim and lawsuit process. Clients use legal funding to pay for sudden bills and the cost of living.

7 YEARS IN
BUSINESS
77 ONLINE
REVIEWS
4.9 out of 5
Rating

Tier 2 Funder
rated 8.3 out of 10

Baker Street Funding

According to it’s website: Baker Street Funding’s mission is to provide bespoke financial solutions to plaintiffs and attorneys and help them take control of their finances fast. As one of the top legal funding companies in the market, we bring quick and efficient services to every single one of our clients no matter how small your case is.

3 YEARS IN
BUSINESS
73 ONLINE
REVIEWS
4.7 out of 5
Rating

Tier 2 Funder
rated 7.9 out of 10

Oasis Financial

Oasis Financial is a pre-settlement loan company founded in 1996. Oasis Financial is based in Rosemont, Illinois. Oasis Financial finances a variety of legal cases but specializes in personal injury cases such as auto accident lawsuits, premises liability lawsuits, and other injuries. Oasis Financial does not offer information about its pre-settlement funding interest rates on its website, and instead provides this information to applicants only after approval. In addition to its pre-settlement funding business, affiliates of Oasis Financial offer medical lien solutions and a pharmacy card program

19 YEARS IN
BUSINESS
354 ONLINE
REVIEWS
3.0 out of 5
Rating

Tier 2 Funder
rated 7.6 out of 10

Momentum Funding

Based in Florida, Momentum Funding is a pre-settlement loan company that works with plaintiffs in a wide variety of lawsuits. In addition to pre-settlement loans, Momentum Funding offers a transportation concierge service and advances on medical procedures. Momentum Funding does not provide information about its pre-settlement loan interest rates on its website. Momentum Funding offers cash to approved applicants within 24 hours of approval.

7 YEARS IN
BUSINESS
118 ONLINE
REVIEWS
4.0 out of 5
Rating

Tier 2 Funder
rated 7.6 out of 10

Pinnacle Legal Funding

According to it’s website: Pinnacle Legal Funding was built on the premise that life doesn’t wait while your lawsuit is being settled. Plaintiffs still have all the usual daily expenses plus other additional burdens like medical bills, repairs, special therapies, assistance – all as a result of a situation that you never anticipated and certainly didn’t cause.

6 YEARS IN
BUSINESS
9 ONLINE
REVIEWS
5.0 out of 5
Rating

Tier 2 Funder
rated 7.6 out of 10

Cherokee Funding

According to it’s website: Cherokee Funding is a full-service direct funding company, headquartered in Atlanta, GA. Cherokee was founded in 2011 at the urging of several doctors and plaintiffs attorneys who wanted a better, completely reputable, option for their clients. With over 100 years of combined industry experience, our team prides itself on providing the best customer service and having the best reputation in the industry.

11 YEARS IN
BUSINESS
77 ONLINE
REVIEWS
3.7 out of 5
Rating

Tier 2 Funder
rated 7.5 out of 10

Fast Funds

According to it’s website: Our funding program is the simplest and fairest in the non-recourse funding industry. Unlike other companies, we have no upfront fees. We do not charge interest on the amount advanced, no matter how long it takes for the case to resolve. We simply purchase a very small portion of the anticipated proceeds of recovery.

10 YEARS IN
BUSINESS
18 ONLINE
REVIEWS
4.9 out of 5
Rating

Tier 2 Funder
rated 7.5 out of 10

US Direct Advance

According to it’s website: US Direct is a leader in pre-settlement funding of personal injury and other types of pending cases. Since 2002, the principals of US Direct have invested tens of millions of dollars in pending litigation. We have a knowledgeable staff of highly trained attorneys who can approve you quickly.

5 YEARS IN
BUSINESS
27 ONLINE
REVIEWS
4.9 out of 5
Rating

Tier 2 Funder
rated 7.5 out of 10

Tribeca Lawsuit Loans

According to it’s website: Headquartered in Los Angeles, California, our team is spread across the United States and offers settlement loans to plaintiffs nationwide. Whether you are located in Eastern, Western, Central, or Southern states, we can help you get your money as quickly as possible.

2 YEARS IN
BUSINESS
80 ONLINE
REVIEWS
4.2 out of 5
Rating

Tier 2 Funder
rated 7.5 out of 10

Glofin Funding

According to it’s website: Glofin was founded in 2002 for a simple, yet necessary reason. We wanted to find a helpful solution for personal injury victims that were struggling under the burden of growing financial demands, but were stuck in a legal limbo. We saw first hand the financial toll it took on our clients who were awaiting settlement, but still had to provide for themselves and their loved ones.

20 YEARS IN
BUSINESS
88 ONLINE
REVIEWS
3.9 out of 5
Rating

Tier 2 Funder
rated 7.4 out of 10

Preferred Capital Funding

According to it’s website: Our company was the first lawsuit funding provider in the nation. After over 20 years in business, we receive most of our business from attorneys directly. They have come to trust and rely on us. We are owned and managed by lawyers who understand what plaintiffs and advocates need. Lawsuits take time, and good attorneys move carefully.

21 YEARS IN
BUSINESS
83 ONLINE
REVIEWS
3.8 out of 5
Rating

Tier 2 Funder
rated 7.2 out of 10

Delta Lawsuit Loans

According to it’s website: Unlike traditional loans, lawsuit loans come with no strings. Delta Lawsuit Loans provides pre settlement loans for personal injuries and auto accidents lawsuit cases.

2 YEARS IN
BUSINESS
34 ONLINE
REVIEWS
5.0 out of 5
Rating

Tier 2 Funder
rated 7.1 out of 10

Bridgeway Legal Funding

According to it’s website: Bridgeway provides cash advances to plaintiffs involved in personal injury lawsuits. All funding is non-recourse, meaning that if your case is unsuccessful you owe Bridgeway nothing! Advances can be completed in as little as 24 hours from contacting us.

13 YEARS IN
BUSINESS
47 ONLINE
REVIEWS
4.5 out of 5
Rating

Tier 2 Funder
rated 7.0 out of 10

Direct Legal Funding

According to it’s website: Direct Legal Funding is your one-stop for lawsuit loans, settlement loans, and cash advances. We offer a fast turnaround time with an emphasis on customer satisfaction and transparency in communication about the process of getting money.

12 YEARS IN
BUSINESS
43 ONLINE
REVIEWS
4.0 out of 5
Rating

Tier 3 Funder
rated 6.7 out of 10

Case Advance

According to it’s website: Even a well-founded injury claim can take many months or even years to settle and, in the meantime, people often struggle financially. Observing how this gap affected our own personal injury clients in the past provided the impetus for us to start CaseAdvance©, the fast, efficient, and cost-effective way to get cash to personal injury clients when they need it most.

17 YEARS IN
BUSINESS
9 ONLINE
REVIEWS
4.1 out of 5
Rating

Tier 3 Funder
rated 6.4 out of 10

Legal Bay Lawsuit Funding

According to it’s website: With over 25 years of combined industry experience and a large internal and external support team, Legal-Bay specializes in the funding of every type of civil lawsuit. The Lawsuit Settlement Funding Co. was founded as a “full service” Legal Funding Company, that prides itself on the best customer service industry wide.

11 YEARS IN
BUSINESS
33 ONLINE
REVIEWS
3.8 out of 5
Rating

Tier 3 Funder
rated 5.6 out of 10

Law Cash

According to it’s website: Our lawsuit funding programs make a difference in people’s lives LawCash® provides lawsuit funding, surgical financing, and settled case funding for plaintiffs.

22 YEARS IN
BUSINESS
32 ONLINE
REVIEWS
3.0 out of 5
Rating

Tier 3 Funder
rated 5.6 out of 10

National Lawsuit Funding

According to it’s website: Since 2001, National Lawsuit Funding has been the premier location for EASY and QUICK lawsuit advances. We fund motor vehicle and slip & fall cases from a variety of states by speaking to the client and attorney and assessing the value of the case.

21 YEARS IN
BUSINESS
5 ONLINE
REVIEWS
2.6 out of 5
Rating

Tier 3 Funder
rated 5.3 out of 10

Money First Funding

According to it’s website: Money First was created to promote responsible consumer litigation funding in our community. We are owned by a personal injury attorney and a former chiropractic physician.

2 YEARS IN
BUSINESS
6 ONLINE
REVIEWS
3.0 out of 5
Rating

Our Ranking Methodology Explained

To formulate our initial list of 25 lawsuit funding companies to examine we conducted web searches for a variety of terms related to settlement funding and selected companies that frequently ranked within the first two pages of search engine results.

We then conducted research on each of the 25 companies to collect the following data:

  • Number of years the company has been in operation
  • Total online reviews between Google, Facebook, Yelp, and BBB
  • Aggregate rating of online reviews out of 5 star

We then used this data to assign each company a rating out of 10. The following methodology was used to create this rating:

Years in Business

  • 3.3 points were given if the company has been in business for 3 or more years.
  • 3.0 points were given if the company has been in business for less than 3 years.

Number of Online Reviews

  • 3.3 points were given if the company has over 500 online reviews
  • 3.0 points were given if the company has over 100 reviews but less than 500
  • 2 points were given if the company has over 50 reviews but less than 100
  • 1 point was given if the company has fewer than 50 reviews.

Aggregate Rating of Online Reviews

  • 3.3 points were given if the company has a 5.0 aggregate star rating.
  • 0.1 points were deducted for each 0.1 aggregate star rating under 5.0. For example, if the aggregate star rating is 4.0, the company is given 2.3 points

The points for these three categories were totaled to calculate the overall rating out of 10. Then the companies were placed into tiers based on their overall rating:

  • Tier 1 Companies: 9.0 – 10.0 Total Rating
  • Tier 2 Companies: 7.0 – 8.9 Total Rating
  • Tier 3 Companies: 5.0 – 6.9 Total Rating

If you have any questions about our ranking methodology please don’t hesitate to reach out to us for clarification.

Apply for a Pre-Settlement Funding ⚡ Fast ( Apply in 2 min, find out if you qualify before today ends. )
  • No Credit Card
  • No Pushy Sales Person
  • Get Approved Fast
  • Repay $0 If you lose
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10 Reasons to Choose Nova Legal Funding

Obviously, we are biased. But we also genuinely believe that we are your best option for a lawsuit loan provider. Why? Because being the best is the goal we’ve worked toward every day for the past decade.

Here are 10 reasons why we think you should consider us first when looking for the best lawsuit funding company.

  1. We have over 500 positive reviews
  2. We have been around for over 7 years
  3. We offer the lowest rates in the industry
  4. We work hard to make the process easy for you
  5. We speak lawyer
  6. We are transparent and honest
  7. We balance speed with thoroughness
  8. We are industry thought leaders
  9. We are human
  10. We believe that what we do matters

1. We have over 500 positive reviews

That doesn’t happen by accident, and it doesn’t happen overnight. We work hard to deliver a positive, efficient experience to each and every client. We encourage you to check out what our clients say about us on Google and Trustpilot.

2. We have been around for over 7 years

Settlement funding is still a relatively young industry, and new lawsuit funding companies are popping up every day. When you choose Nova you can be confident knowing that we’ve been around the block, and we are here to stay.

3. We offer the lowest rates in the industry

At the end of the day, we want you to keep as much of your settlement as possible. That’s why we offer the lowest rates in the industry. To see what we can save you compared to other funding companies, check out our lawsuit loan calculator.

4. We work hard to make the process easy for you

People come to us because they have too much on their plate already, which is why we take seriously our duty to make this process simple for you. That means clear communication, fast follow-up, and complete transparency.

5. We speak lawyer

To get a pre-settlement loan, you need to have an attorney representing you. We know how to communicate with your attorney in order to move the process along and ensure that everyone is comfortable with moving forward.

6. We are transparent and honest

Businesses that aren’t don’t tend to last as long as we have, or to have the track record we do. We value long-term thinking which means never compromising our values of being honest, and transparent with our clients.

7. We balance speed with thoroughness

We know that you need cash fast. But we also recognize that no one benefits from sacrificing diligence for speed. We balance these two interests to ensure the best outcome for us and for you.

8. We are industry thought leaders

Our founder Ron Sinai has been interviewed by The New York Times, Forbes, BBC, and more. When you choose Nova for your lawsuit loan, you are choosing to work with industry thought leaders.

9. We are human

We are not a nameless, faceless corporation. When you contact Nova Legal Funding you will speak with a human. You will know their name, and they will know yours.

10. We believe that what we do matters

Life is short and it’s about more than making money. We are in the business of helping people who need help. It’s what drives every decision we make, and we wouldn’t have it any other way.

Apply for a Pre-Settlement Funding ⚡ Fast ( Apply in 2 min, find out if you qualify before today ends. )
  • No Credit Card
  • No Pushy Sales Person
  • Get Approved Fast
  • Repay $0 If you lose
APPLY NOW

5 Tips to Find the Best Lawsuit Loan Company

The pre-settlement funding company you choose will have an impact on the total amount of money you receive at the conclusion of your lawsuit. Because of this, it’s very important to do your research into potential lenders and think carefully about whether a company is a right fit for you and your case. Here are the most important criteria to consider when searching for a pre-settlement loan company.

  1. How the pre-settlement loan company sets interest on advances.
  2. The interest rate percentage charged on the pre-settlement advance.
  3. Whether the terms and conditions of the lawsuit loan is easy to understand.
  4. How the pre-settlement loan company works with your lawyer.
  5. How quickly the pre-settlement advance will be available to you.
  6. Whether your state allows settlement funding companies to operate.

1. How the pre-settlement loan company sets interest on advances.

The best pre-settlement loan companies evaluate clients on a case-by-case basis and set their interest rates on the strength of each case. A reputable lawsuit funding company will want to talk to both you and your lawyer to gather information about your legal claims and the likelihood that your case will result in a favorable settlement or verdict. If possible, do not work with a lawsuit funding company that charges the same interest rates to all of its customers. Only work with a pre-settlement funding company that varies its rates based on a principled approach to case evaluation.

2. The interest rate percentage charged on the pre-settlement advance.

You should have a clear understanding of the interest rate on a pre-settlement loan before you sign any paperwork. Once a pre-settlement loan company is done evaluating and underwriting your case, you need to ask what your monthly (or fixed) interest rate will be. If a company sets a rate above 3.5%, you are probably being charged too much on your pre-settlement advance. Look for a company with low-interest rates that are simple to understand.

3. Whether the terms and conditions of the lawsuit loan is easy to understand.

The process of filing a lawsuit can be very overwhelming, and most reputable pre-settlement advance companies understand this. You should look for a company that offers clear and concise terms and conditions for its loans and is willing to answer any questions you may have about the pre-settlement funding process. As with any consumer financial product, you will need to sign paperwork before receiving any funds. Make sure that you can understand the documents before you sign them, and never  work with a pre-settlement loan company that won’t answer your questions about their terms and conditions.

4. How the pre-settlement loan company works with your lawyer.

Before you can obtain a pre-settlement loan, you must be represented by a lawyer who has filed a lawsuit on your behalf in state or federal court. Any reputable pre-settlement loan company will ask to speak with your lawyer about your case. Your lawyer will need to cooperate with the pre-settlement funding company in order to complete the case evaluation and underwriting process. You should select a pre-settlement loan company that cooperates with your lawyer and with which your lawyer is comfortable working.

5. How quickly the pre-settlement advance will be available to you.

The process of filing a lawsuit is stressful and many plaintiffs need financial relief while their case is pending. A trustworthy pre-settlement loan company will transfer the funds to you in as little as 24 hours once your case is approved and you sign the necessary paperwork.  Before you select a pre-settlement loan company, make sure that you understand how long it will take to get the money so that you can plan accordingly.

6. Whether your state allows settlement funding companies to operate.

We are able to provide lawsuit funding to plaintiffs in all states except for Arizona, Arkansas, Colorado, Illinois, Indiana, Maryland, Minnesota, Nevada, South Carolina, Tennessee, and West Virginia. Here are some of the most popular states for lawsuit funding companies:

Apply for Pre-Settlement Cash from Nova Legal Funding

No credit checks, zero up-front fees, and completely risk-free. When it comes to applying for fair and risk-free lawsuit funding, Nova Legal Funding is your best option.

Apply online 24/7 or call to speak to a live funding specialist at our national toll-free number at (866) 494-0370.

Apply for a Pre-Settlement Cash Advance ⚡ Fast ( Apply in 2 min, find out if you qualify before today ends. )
  • No Credit Card
  • No Pushy Sales Person
  • Get Approved Fast
  • Repay $0 If you lose
APPLY NOW

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