Lawsuit funding, plainly
Lawsuit funding, rebuilt.
Lawsuit funding, also called pre-settlement funding, gives plaintiffs money before their case settles. You repay from the settlement only if you win. If you lose, you owe nothing. We rebuilt it and named it Case Equity: one set rate and a hard cap.
A sample claimant app: $2,500 funded and sent to the bank, with no monthly payments. If you win, you repay from the settlement; the amount grows at 27.8% a year, simple, and stops at 2×. If you lose, you owe nothing.
- 27.8%
- Simple annual rate
- 2×
- Total repayment cap
- 25+
- Competing funders
The basics
What is lawsuit funding, and how is it not a loan?
Legal funding, also called pre-settlement funding, plaintiff funding, or litigation financing, gives plaintiffs money before their case resolves. Unlike a loan, it is non-recourse: if you lose your case, you owe nothing.
If you lose your case
Legal funding
You owe nothing. Non-recourse.
Traditional loan
Full repayment, from you.
Credit check
Legal funding
None.
Traditional loan
Yes.
Monthly payments
Legal funding
None.
Traditional loan
Required.
Collateral
Legal funding
None. The case is the collateral.
Traditional loan
Often required.
Effect on your credit score
Legal funding
None.
Traditional loan
Reported to credit bureaus.
The process
How lawsuit funding works.
Three steps. Most applicants are funded within 1 to 48 hours after contracts are signed.
Step 1
Apply online
Submit your case details in minutes: case type, attorney information, and the amount you need. No credit check.
Step 2
Case review
Funders evaluate your case merits and expected settlement value. Your attorney confirms your case is active. Decisions are typically made within hours.
Step 3
Get funded
Once contracts are signed, funds arrive 1 to 48 hours later by ACH transfer. Use the money for any purpose.
Want every stage in detail? See the full step-by-step guide.
What it costs
What does lawsuit funding cost?
One set rate: 27.8% simple, no compounding, capped at 2× your draw. It is non-recourse, so if you lose your case you owe nothing. See the number for your own draw.
Compare against typical funder rates →No compounding. No monthly payments while your case is active. And if you don’t win, you owe nothing back.
Why ClaimAngel
One platform, one price, many funders.
ClaimAngel was built to bring transparency and fairness to legal funding. The marketplace model removes predatory pricing.
A marketplace, not one lender
25+ funders compete for your case on one platform, and 800+ law firms use it. $153M+ in capital has been deployed through it. Competition pushes funders on speed, not price.
One set rate
ClaimAngel standardizes pricing at 27.8% simple annual rate across every funder. Traditional legal funding companies typically charge 40-200%+ with compounding.
A hard cap
Your total repayment is capped at 2× the funded amount, no matter how long your case takes. No hidden fees, and full cost disclosure upfront.
Fast funding
Apply in minutes online. Decisions are typically made within hours, and funds arrive 1 to 48 hours after contracts are signed.
Straight answers
Questions people ask before they apply.
Common questions about legal funding, pre-settlement funding, and the ClaimAngel marketplace.
What is legal funding?
Legal funding provides non-recourse funds to plaintiffs with active lawsuits before their case settles. Unlike a traditional loan, you only repay from your settlement proceeds if you win. If you lose your case, you owe nothing. ClaimAngel offers legal funding at a standardized 27.8% simple annual rate through a marketplace of 25+ competing funders.
How do I apply for pre-settlement funding?
Applying for pre-settlement funding through ClaimAngel takes just minutes. Submit your case details online, including your case type, attorney information, and the amount you need. Your attorney confirms your case is active, and funders evaluate your case merits. If approved, you may receive funds 1 to 48 hours after contracts are signed.
What is the difference between lawsuit funding and a lawsuit loan?
Lawsuit funding is non-recourse, meaning you only repay if you win your case. A traditional loan requires repayment regardless of your case outcome. With lawsuit funding, there are no monthly payments, no credit checks, and no personal liability. The term 'lawsuit loan' is commonly used but technically inaccurate: legal funding is based on your future settlement and is not a loan.
How much legal funding can I get?
The amount you may receive depends on the type and expected value of your case. Typical legal funding amounts range from $500 to $500,000. ClaimAngel's marketplace of 25+ funders evaluate your case merits and expected settlement value to determine the funding amount. Your attorney's assessment of the case value is a key factor.
Do I need good credit for legal funding?
No. Legal funding approval is based on the strength and expected value of your case, not your credit score. ClaimAngel does not run credit checks. Employment status, income level, and credit history are not factors in the approval process. Even with poor or no credit, you may qualify for pre-settlement funding.
What happens if I lose my case after getting legal funding?
If you lose your case or receive no settlement, you owe nothing. Legal funding through ClaimAngel is non-recourse, meaning the funding company absorbs the entire loss. You will never be asked to repay from personal funds, wages, or other assets. This risk-free structure is what distinguishes legal funding from traditional loans.
How fast can I get legal funding?
ClaimAngel funding decisions are typically made within hours. Once contracts are signed, funds arrive 1 to 48 hours later via ACH transfer. How long the whole process takes depends on how quickly your attorney can confirm case details.
What types of cases qualify for pre-settlement funding?
ClaimAngel funds 50+ case types including personal injury, car accidents, truck accidents, medical malpractice, slip and fall, workplace injuries, product liability, wrongful death, premises liability, and more. Most civil litigation cases with an active lawsuit and attorney representation may qualify for pre-settlement funding.
Ready for lawsuit funding? Start with your case.
Apply through the marketplace and reach 25+ competing funders at one set 27.8% simple annual rate. No credit check, non-recourse, funded 1 to 48 hours after contracts are signed.