Taking a Look at NJ Lawsuit Funding Companies
New Jersey is a densely populated state. It should come as no surprise then, that accidents happen frequently. These accidents often result in injuries which can lead to lawsuits seeking compensation. New Jersey lawsuit funding companies help plaintiffs.
Not only injury lawsuits arise from increased human interaction however. New Jersey courts hear a wide variety of civil disputes such as legal malpractice, wrongful termination, discrimination and other causes of action.
Large amount of citizens lead to numerous legal disputes. As court systems only have limited resources available to resolve these disputes, many litigants find themselves in need of financial support while they wait for their cases’ resolutions.
New Jersey lawsuit funding companies cater to plaintiffs who need cash now, prior to settling their lawsuits. In this post, we examine the top 5 lawsuit funding companies in New Jersey.
#1 – Fair Rate Funding
Obviously, we are biased but ranking Fair Rate Funding number one is not without support. First, we are headquartered “down the shore” in Manasquan, New Jersey and have been in business since 2007. We are legal professionals who have decades of civil litigation experience. Simply put, we understand what plaintiffs and lawyers face and design our solutions to meet these needs.
Second, our lawsuit loan rates are among the lowest in the industry for preferred cases offering significant savings over our competitors. With a non-compounding price structure, Fair Rate Funding lawsuit loans offer plaintiffs easy access to financial support they need, while keeping the total lawsuit loan cost down to manageable levels.
To find out more about what Fair Rate Funding can provide, give us a call or contact us online. We are at your service and here to help. Call us now, you’ll get a live person on the phone who can answer all of your questions.
Legal Bay is a lawsuit funding company based in Caldwell, New Jersey. Caldwell is located in Essex County, one of the most populated areas in the state. According to their website, Legal-Bay provides the “fastest pre-settlement lawsuit funding approvals in the industry. Less than 24 hours in some cases.” While this claim may be accurate, it is also accurate to state that most lawsuit funding companies will gladly do the same, provided all the pieces of the lawsuit loan process fall into place.
Legal-Bay specializes in all types of lawsuit funding, especially attorney loans and surgical funding and offers a free screening to plaintiffs to see if they qualify. Legal Bay reviews on Google are mostly positive thus placing Legal Bay funding second on this list.
#3 Triumph Legal Funding
Also located in Essex County, in Fairfield Township, New Jersey is Triumph Legal Funding. Triumph began in 2017 making it a relatively new lawsuit funding company. However, many lawsuit funding professionals possess many years of experience before venturing out on their own.
Triumph boasts an A+ rating at the Better Business Bureau and has been accredited since early in 2022. Triumph specializes in all types of civil litigation funding, especially focused upon Jones Act lawsuit loans.
If You Have Any Questions, Call 888-964-2224
#4 Tribeca Lawsuit Loans
Tribeca Lawsuit Loans is an industry leader in the lawsuit funding space and has several offices throughout the country. Tribeca has offices in Verona, New Jersey, a suburban area, approximately 13 miles west of Manhattan. Yet, most companies are able to provide legal funding services in multiple states. Tribeca also has an enormous online presence, making them a popular choice not only in New Jersey, but also nationwide.
Tribeca reviews are many and over 80% of their reviews are 5-star according to their Tribeca’s Trustpilot page. Because of these reviews and their online presence, this company makes #4 on the list.
#5 US Claims
US Claims, began in the Philadelphia suburbs of southwestern New Jersey and began in the late 1990’s. This makes US Claims one of the pioneers of the lawsuit funding industry. Like all the companies on this list, US Claims has excellent online reviews and professional service.
Some reasons why plaintiffs choose US Claims is the speed in which their applications are reviewed, the non-compounding nature of their lawsuit loan rates and their capping of total charges at 200% of the contract amount. Truth be told, almost all experienced lawsuit funding companies offer similar terms yet US Claims remains a leader in the business.
Who is the Best Lawsuit Funder in New Jersey?
Obviously, we feel Fair Rate Funding is the best lawsuit funding company in the land. Although we are the top lawsuit loan company located in New Jersey, we do more than just specialize in New Jersey lawsuit loans. We provide fast, low-cost, lawsuit loans in a variety of eligible states throughout the United States.
Fair Rate Funding is an old school specialty finance company. Our money spends like the rest, but our service is second to none and offered with a personal touch. Call us and speak to a live representative, not an automated phone system. We are here to answer your questions and are at your service.
Thank you for your interest in the top 5 lawsuit funding companies in New Jersey.