Updated on 6/8/2023
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About Preferred Capital Funding
Preferred Capital Funding indicates that they were the first lawsuit loan provider in the nation. Most of Preferred Capital Funding’s business comes from attorney referrals. Preferred states on their website that the only requirement to be approved for funding is that you are a plaintiff in a personal injury lawsuit. Preferred Capital Funding is a licensed lender in Illinois, Iowa, Louisiana, Oregon and Wyoming. They are registered or licensed to provide legal funding in Nebraska and Nevada.
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Apply With Preferred Capital Funding
Use this form to apply with Preferred Capital Funding. The information you enter here will be automatically submitted to Preferred Capital Funding, and you will receive a confirmation email.
Preferred Capital Funding Pre-Settlement Funding Facts
- Advance Range: $500 – $500,000
- Approval Time: 24 hours to a few business days
- Broker or Funder: Funds directly
- Case Type Focus: Car accidents, FELA, personal injury, premises liability, wrongful death, medical malpractice, dog bites, employment law, workers’ compensation, construction accidents, employment
- Workers’ Comp Funding? Yes
- Funding Type: Non-recourse (no-win / no-pay)
Preferred Capital Funding Reviews
See reviews of and leave a review for Preferred Capital Funding below.
Preferred Capital Funding Consumer Review Summary
5 out of 5 stars (based on 2 reviews)
Leave a Review for Preferred Capital Funding
Read Customer Reviews of Preferred Capital Funding
June 6, 2023
It’s a boy scouts of America lawsuit my attorney is important I’ve been speaking to Ryan Macintosh from Andrews and Thornton he said check what you guys
April 20, 2022
they do a very good job !!!!
Preferred Capital Funding Reviews From Around the Web
- Google Rating: 3.40 / 5.0 from 59 reviews
- Yelp Rating: 1.00 / 5.0 from 1 reviews
- BBB Average Customer Review: 3.67 / 5.0 from 3 reviews
- BBB Rating: A+, Accredited business
- BBB Complaints: 1 BBB complaints in the last three years
“Most Relevant” Google Reviews
on 4/3/2023
Suffered a work accident, filled out for a loan, after a whole week and half they say I’m denied because no offer was made on my case, duh if I had an offer doesn’t that mean I wouldn’t need a loan. The dumbest reasoning behind denying people in need. Still going thru medical and other things along with bills piling up, yeah I used them once years ago thru an accident but will never use them again, they’re useless now, to tell me call back when I have an offer what in thee world would I need you then for, dummies!
on 1/25/2023
Hopefully, I’ll be able to update ratings to a 5 soon. I wanted to say that I haven’t gotten a decision yet, I’m still being reviewed by the underwriters. However, my attorney uses & referred me to PCF, bc they felt another company’s (who’s name I’ll omit) rates were above state regulations & too high. I have been treated well when I’ve called each day to inquire on the status of my application. I do realize that I’m not the only person waiting for an answer, but the reason for my request is a time sensitive matter. So, I just hope to hear from PCF soon, and hope that they’re able to help me, as well. I began my process on Mon and it’s Wed, but I have limited myself to only calling for an update once each day & that’s only bc I’ve had bad experiences where I sat in limbo with other companies thinking it was being worked on and it wasn’t. So, it’s reassuring to hear that it’s still being processed bc although I need the help soon, I do know that a really fast response isn’t always good. So, I’m trying to remain patient & not allow some of the reviews to freak me out and each case is different. I would like to say, though to the young lady who said she was promised an amt & received less than a 3rd & lost he vehicle. Definitely, sorry for your loss, but the paperwork that is signed prior to funds being released lists the amt, interest rates and all so that we reserve the right to change our minds if we need to. Maybe , keep that in mind, if ever you have to use a pre-settlement funding company again in the future. Again, PCF , hope to hear from you soon.
on 5/30/2023
When you need money fast don’t count on them. Going on almost 3 weeks and every time I call I’m told that funds are on there way with still nothing I called and canceled the funds I requested this place is a joke
on 4/13/2023
I’ve had nothing but a good experience with them. They have always been very speedy with the process and getting loans out, and communication has been great. Fees are a tad high, but it is what it is. Thanks for the help!
on 5/16/2023
Had to call them back to back just to get an application processed currently on hold for 20 minutes as im typing this review talking to these people made me feel like i speak a different language that no one understands customer service is horrible amongst other things i havent got the chance to even get a loan yet if you have other options please look for them
Funding States
Click below to see state laws and which other companies provide funding in your state. Don’t see your state? Click here to see which companies provide lawsuit funding in your state.
- Alabama
- Arizona
- Colorado
- Florida
- Georgia
- Illinois
- Iowa
- Louisiana
- Maine
- Michigan
- Mississippi
- Missouri
- Nebraska
- Nevada
- New Mexico
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Tennessee
- Texas
- Utah
- Washington
- Wisconsin
- Wyoming
More About Preferred Capital Funding
- Phone Number: (312) 212-5000
- Email: [email protected]
- Ownership / Leadership: William Pintas, CEO
- Related Companies: The Funding Exchange LLC; Buckeye Legal Funding
- Address: 358 W Ontario St Ste 1w, Chicago, IL 60654
Hours
| Monday | 07:30AM-07:30PM |
| Tuesday | 07:30AM-07:30PM |
| Wednesday | 07:30AM-07:30PM |
| Thursday | 07:30AM-07:30PM |
| Friday | 07:30AM-07:30PM |
| Saturday | Closed |
| Sunday | Closed |
Preferred Capital Funding Social Profiles
FAQs
How long does the funding process take with Preferred Capital Funding?
Getting funding from Preferred Capital Funding takes anywhere from 24 hours to a few business days.
How much does Preferred Capital Funding charge?
We were unable to locate Preferred Capital Funding’s pricing on their website. Typically, legal funding companies charge anywhere between two and four percent, compounding monthly.
How is Preferred Capital Funding rated?
The Google rating for Preferred Capital Funding is a 3.4 based on 59 reviews.
Sources
https://www.preferredcapitalfunding.com/, https://g.page/PCFcashIL, https://www.yelp.com/biz/preferred-capital-funding-chicago, https://www.bbb.org/us/il/chicago/profile/financial-services/preferred-capital-funding-of-illinois-llc-0654-88264684
