Submit your information below to get approved to receive a lawsuit cash advance from HMR Servicing or call (888)292-8201. Please provide details of your case. HMR Servicing will review your information and reach out shortly.
What if I choose the unreliable lawsuit loan company for pre-settlement advances? This thought scares the hell out of us, doesn’t it? But don’t worry, we’ve got your back! This article outlines the basic factors to consider when evaluating the best pre-settlement loan companies. We also include a list of the best lawsuit loan companies in America.
By the end of this article, you will be in a better position to identify reputable lawsuit loan companies and save money on your lawsuit loan transaction.
Let’s get started with the important factors to consider when choosing a pre-settlement funding company.
HMR Servicing is a Virginia-based company that offers flexible pre-settlement funding solutions for personal injury victims for living expenses, medical bills, and other unexpected costs. There is no time limit for repayment with there being a minimum of 6 months.
HMR Servicing is one of the nation’s leading funding companies for case cost, expert witness, and medical funding. This allows them to offer the best pre-settlement funding rates in the industry.
HMR Servicing is Attorney At Law Magazine’s top pick for the following reasons:
HMR Servicing is transparent about rates and terms (see below!) and they exclusively charge simple rates instead of compounding rates.
All funding repayment is contingent upon the success of your case – if your case is lost, there’s NO cost for you.
Submit your information below to get approved to receive a lawsuit cash advance from HMR Servicing or call (888)292-8201. Please provide details of your case. HMR Servicing will review your information and reach out shortly.
Uplift Legal Funding is a pre-settlement lawsuit loan company based in Los Angeles, California. What sets Uplift Legal Funding apart from other lawsuit loan companies is their interest rates – Uplift charges no upfront fees and some of the lowest rates on pre-settlement funding and settlement funding.
Uplift is transparent about rates and terms and they exclusively charge simple rates instead of compounding rates. They offer instant quotes to applicants and prominently display rate information on their website. They claim to offer funds in 24 hours or less with cooperation from your attorney and focus primarily on personal injury claims including, but not limited to: car accidents, premises liability and work injuries.
Peachtree Financial Solutions is a Pennsylvania-based company that is owned by JG Wentworth. In addition to pre-settlement funding, they also focus on structured settlements, annuities and lottery wins.
They also offer non-recourse funding to the plaintiffs. Besides that, they assign one representative to one client in order to provide satisfactory customer care. Peachtree Financial Solutions connects plaintiffs with other companies that may be able to assist you with your case. According to their website, they do not directly fund legal claims.
Prime Case Funding is a New York-based pre-settlement advance company. It is one of the few companies known for low rates with no monthly payments.
Like many other companies, Prime Case Funding offers post-settlement lawsuit loans in addition to pre-settlement funding Prime Case sets their interest rate on a case-by-case and use both compound interest and simple interest rates. They provide funding to plaintiffs within 24 hours of case approval.
Mayfield Settlement Funding provides pre-settlement funding and post-settlement funding in all states. They can provide funding on the same day your application is approved by underwriting. Their lawsuit loan processes are streamlined and they provide both speedy and helpful customer service.
Mayfield is a direct lender without the involvement of a third party. They do not charge any application fee or monthly payments. There is no substantial information about their interest rates on their website.
Law Cash is the founding member of the American Legal Finance Association (ALFA). They provide pre-settlement funding and litigation financing as a rolling contract. This enables a plaintiff to receive the payout in smaller sums over a more extended period of time.
Law Cash prides itself on its transparency and ethics. They offer advances on a non-recourse basis – if a plaintiff does not win their legal case, they don’t need to repay the company’s advance.
We hope this article gives you more information about different pre-settlement funding companies that can meet your financial needs before your lawsuit settles. Always remember to do thorough research and shop for the best deal possible before signing with any particular lawsuit lending company.
Submit your information below to get approved to receive a lawsuit cash advance or call (888)292-8201. Please provide details of your case. HMR Servicing will review your information and reach out shortly.
Attorney at Law Magazine is a national B2B trade publication for and about private practice attorneys. The magazine focuses on the industry, its events, happenings and the professionals and firms that drive its success. The editorial is a collaboration of interviews with professionals, industry expert penned columns and articles about advancing your legal practice through marketing, practice management and customer service.
Comments 2
It’s interesting how the article stress “interest rate” as the number 1 factor in looking for the “best” lawsuit funding company yet in the list of ten companies NONE of them are cited as having a low or good interest rate. Redwood Funding has one fixed rate 15% of your loan for each 6 months that you have the money. There were no fees and unlike most if not all of the above companies, there is no compound interest, no sur charge for a bank wire or Fed Ex. Redwood Funding worked great for me. Don’t belive all the hype above.
Hi Matt
If you still need help with funding. Please feel free to give Tribeca Lawsuit Loans.