Updated on 12/7/2023
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Minnesota. Below you will find the following information:
Lawsuit loan companies serving Minnesota
Below you will find a list of companies that provide funding in Minnesota. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.
Recommended lawsuit loan companies funding Minnesota residents
We recommend the following companies for plaintiffs residing in Minnesota.
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.
Highly rated by consumers

Capital Now Funding is a Kentucky-based settlement advance company founded in 2015. They claim to offer a 45% fixed fee model with no interest. This could be advantageous for claimants expecting a lengthy legal claim.
Lawsuit loan companies located in Minnesota
- 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.
Regional pre-settlement funding companies that serve Minnesota residents
- 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.
Other pre-settlement lawsuit loan companies serving Minnesota 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.
- 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.
- 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 Minnesota
Before 2020, Minnesota prohibited lawsuit loans based on the champerty doctrine. In 2020 however the court decided that lawsuit loans were not champertous. Some pre-settlement funding companies now provide advances to Minnesota residents.
Legal funding case law in Minnesota
Prospect Funding Partners provided pre-settlement funding to Maslowski. At the conclusion of the case, Prospect Funding Partners was not repaid. Though common law prohibited lawsuit loans in the past, the Minnesota Supreme Court reversed precedent. This reopened the door to lawsuit funding for MN residents.
Source: Maslowski v. Prospect Funding Partners LLC
Can a lawyer lend money to a client in Minnesota?
Lawyers cannot subsidize or pay for lawsuits brought on by clients. A lawyer can advance the costs of litigation to the end of the trial, with repayment being based on the success of the case.
Source: Minnesota Rules of Professional Conduct 1.8(e)
Lawsuit loan alternatives in Minnesota
Lawsuit loans are expensive. Plaintiffs in Minnesota should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- Minnesota General Assistance (GA) Program – the Minnesota GA program provides financial support to residents who can’t work. Asset limits may apply in order to be eligible for GA assistance.
- Food and Nutrition Assistance (SNAP, MFAP, and others) – a page that lists programs that low-income Minnesotans can use to access food. This includes SNAP, formerly known as food stamps, and MEAP, to help food-insecure residents of the state.
- Minnesota’s Housing and Income Assistance Programs – a directory of the state’s housing and income assistance programs, including the GA, Minnesota Supplemental Aid (MSA), and the
- Family Homeless Prevention and Assistance Program (FHPAP) – the FHPAP program is intended to divert funds to assist residents of Minnesota who are homeless or at risk of becoming homeless.
- Low Income Energy Assistance Program – the EAP provides grants to Minnesota residents who need assistance with their energy bills. In order to receive a grant, applicants must earn no more than 60 percent of the state median income.