Updated on 12/28/2022
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in South Carolina. Below you will find the following information:
Lawsuit loan companies serving South Carolina
Below you will find a list of companies that provide funding in South Carolina. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.
Recommended lawsuit loan companies funding South Carolina residents
We recommend the following companies for plaintiffs residing in South Carolina.
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.
Our pick for fast lawsuit settlement loans
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 South Carolina
Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in South Carolina. Local funding companies interested in being included on this page may contact us at [email protected].
Regional pre-settlement funding companies that serve South Carolina 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.
- 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.
- 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.
- Glofin Funding – Founded in 2002, Glofin Funding is one of the longest-standing providers of personal injury funding in the United States. They serve plaintiffs nationwide with a few exceptions.
- 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.
- The Legal Funding Group – Based in Savannah, Georgia, The Legal Funding Group provides lawsuit cash advances nationwide. On their website, they quote a rate of 36% every six months.
- 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 South Carolina 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.
- 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.
Lawsuit funding laws, regulation, and relevant ethics opinions in South Carolina
Due to stringent regulation in South Carolina, the few lawsuit loan companies that legally service the state have a minimum funding requirement of $90,000 to $110,000. The South Carolina Bar has issued an advisory opinion indicating that lawyers may participate in these transactions.
Laws regarding lawsuit loans in South Carolina
South Carolina regulators treat pre-settlement funding as traditional loans. According to §34-31-20, loans of less than $90,000 are capped at an 8.75% annual rate. No reputable funding companies provide funding in South Carolina of less than $90,000.
Source: South Carolina’s §34-31-20
Can a lawyer lend money to a client in South Carolina?
South Carolina attorneys cannot give financial assistance to plaintiffs, because to do so would give them a greater stake in the litigation. Additionally, doing so might encourage plaintiffs to pursue lawsuits they otherwise wouldn’t.
Source: South Carolina Rules of Professional Conduct Rule 1.8(e)
Can attorneys help clients receive lawsuit loans in South Carolina?
An attorney may ethically assist a client with obtaining legal funding from a lawsuit lending company.
Source: South Carolina Bar Ethics Advisory Opinion 94-04
Lawsuit loan alternatives in South Carolina
Lawsuit loans are expensive. Plaintiffs in South Carolina should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- South Carolina’s Temporary Assistance for Needy Families (TANF) – South Carolina’s Temporary Assistance for Needy Families (TANF) is an extension of the federal program that provides cash stipends to qualifying families. The average monthly payment is $207.
- Low-Income Home Energy Assistance Program (LIHEAP) – LIHEAP is a federal program that offers assistance to pay for home energy use. Eligibility is determined by county-specific Community Action Agencies.
- South Carolina’s Supplemental Nutritional Assistance Program (SNAP) – SNAP offers financial resources for food purchases for individuals and families deemed to have sufficient need in South Carolina.