Personal Injury Lawsuit Loans
Is a Personal Injury Loan Actually a Loan?
Not in the way a bank means it. A traditional loan is repaid no matter what, with monthly payments and interest that grows over time. A personal injury lawsuit loan is non-recourse, which means repayment comes only from your settlement. There are no monthly payments, no interest-bearing balance hanging over you, and nothing to repay if you do not win. It is also not a structured settlement, which is a payout plan for a case that has already resolved. This is money now, while your case is still open.
You will see it called a personal injury loan, an injury lawsuit cash advance, or pre-settlement funding. The words vary. The structure does not. You are selling a small portion of a settlement you have not received yet, and the funder is paid back only if there is one. Here is the practical difference:
| Feature | Pre-Settlement Funding | Traditional Loan |
|---|---|---|
| Credit check required | No | Yes |
| Monthly payments | None | Required |
| Repayment if you lose | $0 | Full balance still owed |
| Based on | Case strength | Credit and income |
| Risk to personal assets | None | Yes |
For the full mechanics, read what non-recourse legal funding means and how pre-settlement funding works before you apply.
Personal Injury Cases We Fund
Personal injury is a broad category, and we fund nearly all of it. If you have an injury claim with a named defendant and an attorney working on contingency, apply and we will review it. The main types are below.
Car Accidents
Rear-end, intersection, rideshare, drunk-driving, and multi-car crashes. The most common injury claims we fund, and often the fastest to approve.
Truck Accidents
18-wheeler, semi, and commercial vehicle crashes. These carry deeper insurance coverage, so the advances available are usually larger.
Slip, Fall & Premises Liability
Falls, unsafe conditions, and injuries on someone else’s property, where the owner failed to fix a hazard or warn about it.
Medical Malpractice
Surgical errors, misdiagnosis, birth injuries, and negligent care. These cases run long, which is exactly when funding helps most.
Defective Products & Drugs
Dangerous drugs, faulty medical devices, and defective products, including mass-tort and MDL claims. See the specific cases listed below.
Workplace & Construction Injuries
Third-party injury claims from job sites, falls, equipment failures, and unsafe conditions, separate from a workers’ compensation claim.
Do not see your case type? See the full list of cases we fund, or just apply and ask.
How We Decide How Much You Can Get
Your advance is based on the case itself, not your finances. We do not look at credit, income, or past financial records the way a bank would. Instead, we review three things that tell us what your claim is likely to be worth and how safely we can advance against it.
Damages
How serious your injuries are. We look at your medical treatment, lasting effects, future care needs, and lost income. More severe, well-documented injuries support a larger advance.
Liability
How clear it is that the other side is at fault. A police report, citation, or strong evidence makes the case easier to value. Disputed fault lowers the amount we can responsibly advance.
Coverage
Whether there is money to collect from. Insurance limits and a solvent defendant determine the real ceiling on your recovery. State rules vary, and as a national funder we account for those too.
As a rough guide, advances run from $500 to $500,000 or more, and the total funded amount is usually kept at or below 10% to 20% of your expected net settlement after attorney fees. A $250,000 expected case might support $25,000 to $50,000 in advances. You do not have to take the maximum. Many plaintiffs request the smallest amount that covers the next few months and come back for a second draw only if they need it, which keeps total fees lower.
Who Qualifies for a Personal Injury Loan?
- You are the plaintiff in an active personal injury or wrongful death claim.
- You are represented by a contingency-fee attorney who will coordinate the transaction with us. We cannot fund a case before you have hired a lawyer.
- There is insurance coverage or a solvent defendant to recover from.
That is the whole list. You do not need good credit, proof of income, a co-signer, or money for an application fee. The case is the only thing we underwrite. Not sure your situation fits? Apply and we will tell you within 24 to 48 hours.
What Does It Actually Cost?
The cost is a fee that builds over time and is paid only at settlement. Two things drive the total. First, how long your case takes to resolve, because fees stop building when the case ends. A case that settles in six months costs far less than one that drags on for three years. Second, the rate schedule in your contract, which is set at the time of the advance and disclosed in writing before you sign.
Before you sign any pre-settlement contract, you should see a chart showing exactly what you would owe back if the case settled at 6, 12, 18, 24, and 36 months. Reputable funders disclose every fee in dollars, not just percentages. If a funder will not give you that chart, walk away. Several states also cap legal funding costs and require specific disclosures, and your contract reflects the rules of the state where you live and where your case is filed.
One thing we never do is stack compounding fees on top of compounding fees. The schedule is capped, so you know the maximum you could ever owe back the day you sign.
Why Injured Plaintiffs Use Funding
Insurance companies are not in a hurry. Your bills are. That gap is the whole reason pre-settlement funding exists. When rent is overdue and you cannot work, a lowball offer starts to look acceptable even when your case is worth far more. Funding takes that pressure off so your attorney can hold out for full value. The most common reasons plaintiffs apply:
- Rent or mortgage is overdue and an eviction or foreclosure clock is running.
- Medical providers are threatening collections even though they know there is a case.
- You cannot afford the treatment your doctor ordered, and gaps in treatment hurt your claim value.
- An insurer made a lowball offer, your attorney wants to reject it, but you cannot afford to wait.
If you are not under financial pressure, you may not need an advance, and we will tell you so. Plaintiffs who do not need funding should not take funding.
Personal Injury Loan FAQs
Is a personal injury loan really a loan?
No, not in the bank sense. It is non-recourse funding, repaid only from your settlement and only if you win. There are no monthly payments and no interest-bearing balance. It is also not a structured settlement, which is a payout plan for a case that already resolved. This is cash now while your case is still open.
How do I qualify?
You need an active personal injury claim and an attorney handling it on contingency. That is it. No credit check, no proof of income, no co-signer, and no application fee. The case is the only thing we underwrite.
How much can I get?
Advances run from $500 to $500,000 or more, usually kept at or below 10% to 20% of your expected net settlement. A $250,000 case might support $25,000 to $50,000 in advances. You can also take a smaller draw now and request more later, which keeps your total fees lower.
What happens if I lose my case?
You owe nothing. Not the original advance, not the accrued fees, not a single dollar. We absorb the entire loss. That is the core feature of non-recourse funding, and the reason your credit, income, and employment are never part of the decision.
How fast is approval?
Because there is no credit check or financial paperwork, approval is fast. Most applicants get a decision within 24 to 48 hours, and funds are usually delivered within 24 hours of signing. The slowest part is getting documents back from your attorney’s office, so a responsive law firm means faster funding.
What does it cost compared to a bank loan?
It costs more than a bank loan, and there is a reason. A bank loan is repaid no matter what, so the bank takes little risk. We get paid back only if you win, so we take the case risk instead of you. Before signing, ask for a dollar chart showing what you would owe at 6, 12, 24, and 36 months, and compare it against your situation.
What types of personal injury cases do you fund?
Car and truck accidents, slip and fall, premises liability, medical malpractice, wrongful death, workplace and construction injuries, and product liability, including mass-tort claims like Roundup, IVC filters, hernia mesh, and Essure. If you have an injury claim with an attorney, apply and we will review it.
Will my attorney have a problem with it?
Most attorneys are fine with funding from a transparent source, because it stops a client from being forced into an early, low settlement. Funding does not change how your case is handled. Your attorney stays in full control, and our only role is coordinating repayment when the case settles. We send a written fee schedule your attorney can review before you sign.
