A workers compensation settlement funding is a fast, risk-free, easy-to-qualify-for, non-recourse cash advance on workers comp settlement proceeds that a claimant expects to receive at the conclusion of settlement negotiations or litigation.
They are not credit-based and they are only available to injured workers with accepted workers comp claims in qualifying states who are currently represented by a contingent-fee attorney.
Approval is based on the strength and merits of the claim rather than the creditworthiness of the borrower. Repayment is only required if the underlying case is resolved successfully. If it isn’t, the borrower has no obligation to repay the advance.
Learn more about interest rates with our lawsuit loan calculator. Get larger amounts with the best lowest cost pre-settlement funding. There is no guarantee that plaintiffs will get their award immediately after a judgment is passed in their favor. Insurance can also take forever to pay the settlement amount in full.
In such situations, you can apply for our post-settlement loans. As part of our commitment to providing plaintiffs with the lowest interest rate for lawsuit loans, you can get up to 50% post-settlement loans to tide you over until your award is paid.
In simple words, ECO Pre-settlement Funding offers up to 20% in lawsuit loans while your litigation is ongoing, and up to 30% post-settlement financing.
This should go a long way to help you alleviate financial pressure like rents, utility bills, and medical expenses. Contact our lawsuit funding team and get started with the lowest rate guaranteed today.
If you are ready to file your claims or you are already involved in a personal injury or civil rights case, our financial resources are at your disposal. ECO Pre-settlement Funding offers personal injury lawsuit loans to injured victims in need of help fast.
When you need help getting a settlement advance with the lowest rate, you can reach out to Baker Street Funding for an expert guide so you can level the legal battleground and get the best settlement for your case.
ECO Pre-settlement Funding also offers competitive fixed rates to refinance settlement loans. If you took out your loans and are not happy with the charges, you may be able to save money over the life of your case if you qualify for the lowest rate of pre-settlement funding as an additional advance.
ECO Pre-settlement Funding have flat rates —capped in the second year, no matter how long your case takes to settle.