Updated on 12/28/2022
This article helps plaintiffs and attorneys alike learn more about lawsuit loans and alternatives in Tennessee. Below you will find the following information:
Lawsuit loan companies serving Tennessee
Below you will find a list of companies that provide funding in Tennessee. We highlight lawsuit loan companies we recommend, as well as local and regional funding companies where applicable.
Recommended lawsuit loan companies funding Tennessee residents
We recommend the following companies for plaintiffs residing in Tennessee.
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 Tennessee
Compare Lawsuit Loans does not currently cover any local lawsuit lending companies in Tennessee. Local funding companies interested in being included on this page may contact us at [email protected].
Regional pre-settlement funding companies that serve Tennessee residents
- Ally Lawsuit Loans – Ally Lawsuit Loans is affiliated with or closely related to Nova Legal Funding. They claim to be located in Houston, Texas.
- 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.
- Liberty Settlement Funding – Liberty Settlement Funding is a Florida-based lawsuit settlement funding company serving plaintiffs nationwide.
- Momentum Funding – Headquartered in Florida, Momentum Funding focuses on personal injury and workers’ compensation lawsuit advances.
- 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 Tennessee 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.
- 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.
- Case Cash Funding – Case Cash Funding is a New York lawsuit lending company that claims to provide advances at 2.99%, compounded monthly with a $100 processing fee and a delivery fee ranging from $0 to $99.
- 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.
- 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.
Lawsuit funding laws, regulation, and relevant ethics opinions in Tennessee
Tennessee state law regulates lawsuit loans, requiring registration with the state and a cap on interest rates. Attorneys are not allowed to provide loans to their clients, but are allowed to participate in legal funding agreements. Few lawsuit loan companies provide funding in the state due to the cap on interest rates. If you are a TN resident, take care to look for a company that is registered in the state.
Laws regarding lawsuit loans in Tennessee
The Tennessee Litigation Financing Consumer Protection Act requires lawsuit loan companies to register before providing advances to Tennessee residents. The act enforces a rate and fee cap such that funding companies may not charge more than $360 per $1,000 advanced per year for a period of three years. Basically, including interest and fees, companies may not charge more than 36% per year. The act further requires certain disclosures including the consumer’s right to cancellation and the funding companies inability to interfere with the litigation.
Source: Tennessee Litigation Financing Consumer Protection Act
Can a lawyer lend money to a client in Tennessee?
Lawyers in Tennessee cannot give advances to clients. They can, however, advance all costs of litigation until the end. Additionally they can cover the costs of litigation if the client is impoverished.
Source: Tennessee Rules of Professional Conduct Rule 1.8(e)
Lawsuit loan alternatives in Tennessee
Lawsuit loans are expensive. Plaintiffs in Tennessee should exhaust all other options before seeking legal funding. Check out the local resources below for some ideas:
- Tennessee’s Families First Program (TANF) – Families First, the Tennessee Temporary Assistance for Needy Families (TANF) program, offers cash support for families with minor children in addition to job training and workforce placement resources.
- TN Eviction Resources – eviction resources in Tennessee include contact with legal aid services and both rental and utility assistance programs for families in need.
- Rental Payment Help and Section 8 Housing – in Tennessee, qualifying individuals can seek affordable housing through homeownership vouchers, rental assistance, and section 8 housing opportunities.