Georgia (GA) Lawsuit Loans

Updated on 12/7/2023

This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Georgia. Below you will find the following information:

Lawsuit loan companies serving Georgia

Below you will find a list of companies that provide funding in Georgia. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.

Recommended lawsuit loan companies funding Georgia residents

We recommend the following companies for plaintiffs residing in Georgia.

Our pick for low rate lawsuit loans

USClaims offers some of the lowest, non-compounding rates in the industry. Many companies claim to offer “the lowest rates in the industry” – we recommend comparing them against an offer from USClaims to see for yourself.

View USClaims’ profile

Our pick for fast lawsuit settlement loans

Thrivest Link Legal Funding offers reasonable funding terms often with simple, non-compounding rates. Their expert underwriting allows them to fund larger sums than many of their competitors. They frequently approve claims for funding within 24 hours.

View Thrivest Link Legal Funding’s profile

Highly rated on Google

High Rise Financial is a California-based lawsuit loan company. They have the most five-star reviews of any funding company in the industry. In addition to pre-settlement funding, High Rise provides medical care scheduling and financing services.

View High Rise Financial’s profile

Lawsuit loan companies located in Georgia

  • Cherokee Funding – Georgia-based Cherokee Funding provides pre-settlement and post-settlement plaintiff and attorney funding. They claim to fund almost all types of legal cases, so long as there is solid liability, damages, and a defendant with the ability to pay.

Regional pre-settlement funding companies that serve Georgia residents

  • Capital Now Funding – Capital Now Funding is a Kentucky-based settlement advance company founded in 2015. In most states, they offer pre-settlement funding with a 45% fixed-fee model. This could be advantageous for claimants expecting a lengthy legal claim.
  • Client Legal Funding – Florida-based Client Legal Funding was founded in 2011. They offer pre-settlement funding, post-settlement funding, medical funding, and attorney funding services.
  • Signal Funding – Florida-based Signal Funding claims to provide $500 to $500,000 in pre-settlement funding with same-day service. They provide funding to injured plaintiffs nationwide. Signal Funding has solid reviews on Google but a less impressive reputation on Yelp.
  • USClaims – USClaims offers some of the lowest, non-compounding rates in the industry. Many companies claim to offer the lowest rates in the industry – we recommend comparing them against an offer from USClaims to see for yourself.

Other pre-settlement lawsuit loan companies serving Georgia residents

  • 5 Star Legal Funding – 5 Star Legal Funding is based in New York and was founded in 2006. They advertise simple, non-compounding rates and capped repayment terms.
  • Baker Street Funding – Baker Street Funding is a relatively new personal injury case funding company based in New York. Despite the company’s age, they are growing very quickly. They claim to provide rates between 1.5% and 3.4%, compounding monthly.
  • Bridgeway Legal Funding – Bridgeway Legal Funding offers reasonable rates and fast processing of workers’ compensation lawsuit loans. Workers’ compensation funding is typically only available in states in which an attorney controls the settlement proceeds.
  • Golden Pear Funding – Golden Pear Funding is one of the largest lawsuit funding companies in the US. They are primarily focused on funding plaintiffs residing in New York. Since 2008, they have extended more than $600 million in funding.
  • Mustang Litigation Funding – Mustang Litigation Funding is a relatively new but quickly growing lawsuit funding company based in Minnesota. They have provided more than $50 million in funds to plaintiffs and attorneys since 2018.
  • Nova Legal Funding – Nova Legal Funding is a direct funder and broker of lawsuit loans based in Los Angeles. They claim to have provided more than $70 million of pre-settlement funding to plaintiffs.
  • Oasis Financial – Oasis Financial is one of the largest pre-settlement lawsuit loan companies in the United States. Oasis Financial has provided funding to more than 250,000 plaintiffs since 2003.
  • Preferred Capital Funding – Preferred Capital Funding claims to be the first pre-settlement funding provider in the US. They receive most of their business directly from referring attorneys.
  • Triumph Legal Funding – New Jersey’s Triumph Legal Funding offers competitive rates and fast, friendly service. Triumph favors rolling contracts with pre-approved monthly funding amounts to help clients budget and offer peace of mind throughout the course of their lawsuit.

Lawsuit funding laws, regulation, and relevant ethics opinions in Georgia

Common law in GA holds that lawsuit lending agreements are not technically loans because they are non-recourse (repayment is contingent upon the success of the case). The Georgia Rules of Professional Conduct do not address the topic of lawsuit lending agreements. Nearly all lawsuit cash advance companies provide funding to residents of GA.

Legal funding case law in Georgia

In Cherokee Funding v. Ruth Georgia courts found that legal funding is not subject to the Georgia Industrial Loan Act, or the Payday Lending Act due to the fact that the advances are non-recourse. A subsequent case Davis v. Oasis Legal Fin. Operating Co. upheld this precedent.
Source: Cherokee Funding v. Ruth

Can a lawyer lend money to a client in Georgia?

In Georgia, a lawyer can advance the costs of litigation, or in some cases pay for the costs of litigation. However, a lawyer cannot help clients with living expenses.
Source: Georgia Rules of Professional Conduct 1.8(e)

Can attorneys help clients receive lawsuit loans in Georgia?

Attorneys are not allowed to guarantee loans to their clients. Typical funding agreements do not require a guarantee.
Source: Georgia Rules of Professional Conduct 1.8(e)

Lawsuit loan alternatives in Georgia

Lawsuit loans are expensive. Plaintiffs in Georgia should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:

  • Georgia Utility Assistance Programs – find more information on energy assistance programs that can help pay your utility bills. You may also qualify for weatherization services that complete needed home repairs to make your residence more energy-efficient.
  • Georgia Rent Payment Assistance – available for certain applicants receiving unemployment benefits or experiencing financial hardship. You must be under direct threat of homelessness due to the inability to pay your rent or utilities to qualify.
  • Georgia Food Bank Association – find your local food bank to get access to food at no cost. There are no eligibility requirements for this program.
  • Section 8 / Low Income Housing Program – get more information on how the Housing Choice Voucher Program can help you secure safe and affordable housing or offer a voucher for rental assistance in a participating residence of your choice.