Oasis Financial

What Oasis Financial does

Oasis Financial (operating as Oasis Legal Finance, LLC) is a US pre-settlement legal funding company founded in 2003 and headquartered in Rosemont, Illinois, that provides non-recourse cash advances — typically $500 to $100,000, capped at roughly 10% of estimated case value — to plaintiffs awaiting settlement in personal injury cases (auto accident, workers' compensation, and slip-and-fall) as well as adjacent products including structured settlement advances, inheritance funding, post-settlement funding, and an Express Cash for Care medical expense product. Repayment is owed only if the plaintiff prevails, so the company underwrites legal case merit rather than plaintiff creditworthiness. The company is a subsidiary of Libra Solutions (the parent entity rebranded in 2022).

Since inception Oasis has deployed more than $1.2 billion to over 400,000 plaintiffs, working with 10,000+ attorneys annually and serving approximately 3,000 applicants per month. Distribution is multi-channel: direct-to-plaintiff inside sales via toll-free phone and online application, a dedicated attorney field sales motion supported by the MoveDocs attorney portal (a technology platform serving 40,000+ personal injury attorneys), and a broker partnership program (excluding Missouri), supplemented by a Spanish-language website. Funds are disbursed through Western Union, electronic bank transfers, and overnight or mailed checks; contracts are processed via e-signature.

The business model is transaction-fee based, with fees accumulating on outstanding principal until case resolution — no upfront costs to the plaintiff and no recourse if the case is lost. Oasis is NMLS-registered (#1512432), licensed or registered in 17+ US states (with operating restrictions in AR, KS, KY, MD, MT, NC, WV and workers' compensation funding limited to IL, MO, NM, OH, SC), holds a BBB A+ rating with a four-star Trustpilot score, and is a founding member of the Alliance for Responsible Consumer Lending (ARC) and Americans for Patient Access (APA).

Name

Oasis Financial

Legal name

Oasis Legal Finance, LLC

Website

https://oasisfinancial.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

Oasis Financial is a US pre-settlement legal funding company providing non-recourse cash advances ($500–$100,000) to plaintiffs in personal injury cases awaiting settlement, working with 10,000+ attorneys annually across 17+ licensed states; it operates as a subsidiary of Libra Solutions.

Ownership category

akta.pro rank

Product category

Pre-Settlement Legal Funding

NAICS

Other Financial Vehicles (525990), Other Investment Pools and Funds (5259), Trusts, Estates, and Agency Accounts (52592)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Litigation Finance / Legal Assets Special Situations Funds (FSANAKAK)

akta.pro secondary industries

Private Credit — Litigation / Legal Finance (FSAHAJAL), Structured Settlement Annuities (FSAIACAJ)

Keywords

• Pre-settlement funding
• Legal funding
• Consumer legal finance
• Structured settlements
• Inheritance funding

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Pre-settlement Funding (Non-recourse): Oasis Financial provides plaintiffs with a partial advance against their pending legal settlement. The funding is structured as a purchase agreement (in most states) or as a loan (in certain regulated states such as Colorado, Connecticut, and South Carolina). Repayment is made only from the settlement proceeds upon successful resolution of the case. If the plaintiff loses the case, no repayment is required. Fees and charges accumulate over the period the funding is outstanding.
2. Structured Settlement Funding: Oasis may help plaintiffs who have structured settlements (smaller payments received over time) get money sooner by providing advances against their future structured settlement payments. This is offered in partnership with trusted referral partners.
3. Inheritance Funding: Oasis provides advances against inheritance money tied up in probate. Oasis does not directly fund inheritance cases but refers applicants to trusted partners who evaluate and provide funding if approved.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Oasis Financial provides non-recourse pre-settlement legal funding, advancing cash of $500 to $100,000 to personal injury plaintiffs represented by an attorney, with repayment only from settlement proceeds if the case resolves successfully. The core product is supplemented by case-type-specific funding (auto accident, workers' compensation, slip and fall), structured settlement advances, inheritance funding, and post-settlement funding, distributed through direct-to-plaintiff sales, an attorney portal (MoveDocs), and a broker partnership program.

Product overview

Oasis Financial is a pre-settlement legal funding company offering non-recourse funding products that provide cash advances against pending personal injury settlements. The core product is Pre-Settlement Funding ($500-$100,000), which is repaid only if the case resolves successfully. This core offering is supplemented by case-specific modules including Auto Accident Pre-Settlement Funding, Workers' Compensation Pre-Settlement Funding (available in 5 states), and Slip & Fall Pre-Settlement Funding. The company also offers complementary products such as Oasis Structured Settlements® for accessing existing structured settlement payments sooner, Oasis Inheritance® Funding for probate-tied inheritances, Express Cash for Care to cover medical expenses at providers refusing liens, and Settlement Funding for rapid post-resolution payouts. Funding is delivered through multiple channels including Western Union, bank transfers, and checks.

Differentiator

Problem solved

Functional benefit

Brands

• MoveDocs: Online attorney portal platform for case management, document access, funding requests, and payoffs. Available to attorneys working with Oasis-funded plaintiffs.
• Express Cash for Care
• Settlement Funding
• Oasis Structured Settlements® Funding
• Oasis Inheritance® Funding

Products and services

• Pre-Settlement Funding Non-recourse cash advance of $500 to $100,000 against pending personal injury settlements, repayable only if the case resolves successfully. Available to plaintiffs represented by a licensed attorney in most U.S. states; funds typically delivered within 24 hours of approval with no credit check or upfront costs.
• Oasis Structured Settlements Funding option for individuals with existing structured settlements (smaller payments received over time) who need to access a portion of their settlement proceeds sooner rather than waiting for scheduled payments.
• Oasis Inheritance Funding Advance against inheritance funds tied up in probate (estate loan), for heirs who cannot wait for the probate process to conclude and need earlier access to their inheritance. Referred to trusted partners for evaluation and funding.
• Auto Accident Pre-Settlement Funding Pre-settlement funding specifically for vehicle-related lawsuits, covering auto accidents, motorcycle accidents, rideshare accidents, pedestrian injuries, and commercial vehicle crashes.
• Workers' Compensation Pre-Settlement Funding Pre-settlement funding for workplace injury claims. Available only in Illinois, Missouri, New Mexico, Ohio, and South Carolina.
• Slip & Fall Pre-Settlement Funding Pre-settlement funding for premises negligence and slip-and-fall lawsuits occurring on another party's property due to unsafe conditions.
• Express Cash for Care Funding product that covers surgery and medical expenses for healthcare providers that will not accept liens, enabling plaintiff access to necessary medical treatment.
• Settlement Funding Post-settlement funding that delivers plaintiff proceeds in hours rather than weeks after a case has resolved.

Quantifiable outcome

• Funds available in as little as 24 hours after approval
• +4 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• MoveDocscoreTechnology or Integration · 1 January 2024Oasis Financial's attorney portal is hosted on the MoveDocs platform. MoveDocs is trusted by 40,000+ personal injury attorneys and offers additional solutions including Plaintiff Medical provider mapping (10,000+ providers), expert services with ExpertPays funding, and case management tools. Oasis Financial's portal on MoveDocs allows attorneys to initiate applications, view payoffs, track funding history, and request additional funding 24/7.
• ARC (Alliance for Responsible Consumer Lending)coreStrategic or Co-development Partner · 1 January 2003Oasis Financial is a founding partner of ARC, the Alliance for Responsible Consumer Lending. ARC is an industry association dedicated to preserving consumer legal funding through advocacy at the state and federal levels.
• APA (Americans for Patient Access)coreStrategic or Co-development Partner · 1 January 2003Oasis Financial is a founding partner of APA (Americans for Patient Access), an organization focused on patient advocacy and access to healthcare.
• Libra Solutions (Parent Company)coreOthersLibra Solutions is the parent company of Oasis Financial. In 2022, Oasis Financial changed its parent company name to Libra Solutions to better reflect its growing offering of products and services. Oasis Financial remains the name of the pre-settlement funding business. Libra Solutions also owns MoveDocs, Probate Advance, and other associated brands.
• Western UnionminorOthersOasis Financial uses Western Union as one of several fund disbursement options, enabling same-day fund delivery for approved applicants.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• National Legal Funding: National Legal Funding offers pre-settlement and post-settlement legal funding with a similar direct-to-plaintiff and attorney-referral model. Overlapping customer base in personal injury and comparable non-recourse funding products position it as a head-to-head competitor.
• FairRate Funding: FairRate Funding is a litigation finance firm specializing in pre-settlement funding with similar case-type coverage and an attorney referral-driven distribution model. Directly comparable business model and customer segments to Oasis Financial.
• Express Legal Funding: Express Legal Funding provides pre-settlement cash advances to plaintiffs through both online and attorney channels. Operates with similar non-recourse economics and frequently appears alongside Oasis in industry rankings and customer comparisons.
• Bench Financial: Bench Financial is a pre-settlement funding company offering non-recourse advances to plaintiffs in personal injury cases with an attorney-focused distribution model. Comparable product offering and similar underwriting approach to Oasis.
• Probate Advance: Probate Advance is an inheritance funding company now owned by Oasis's parent Libra Solutions. Directly comparable to Oasis's inheritance funding product line and serves a similar consumer base, making it a relevant internal peer.
• LawCash: LawCash is a direct competitor providing pre-settlement lawsuit funding for personal injury plaintiffs, with similar non-recourse funding structures, attorney referral networks, and case types (auto, slip-and-fall, workers' comp). Both compete for the same plaintiff and attorney relationships nationally.
• Preside Capital: Preside Capital offers non-recourse pre-settlement funding for plaintiffs across similar case types with an attorney-integrated model. Comparable ticket sizes and customer profile make it a relevant direct peer in the consumer legal funding space.
• Cash Now Lawsuit Funding: Cash Now provides pre-settlement lawsuit loans focused on personal injury cases including auto accidents and slip-and-fall. Competes directly with Oasis on plaintiff acquisition channels and on attorney referral economics.

Broad incumbents

• Burford Capital: Burford Capital is the world's largest publicly traded litigation finance firm, providing both plaintiff-side and commercial legal funding. While its core focus is commercial litigation finance rather than consumer PI funding, it operates in the broader legal finance category and sets industry benchmarks.

Emerging players

• OppFi: OppFi is a public fintech providing non-prime consumer credit products. While it operates in consumer credit rather than legal funding, Oasis's CFO joined from OppFi, and both target underbanked consumers with alternative credit products — comparable customer base and risk-pricing discipline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/oasisfinancial
• Instagraminstagram.com/oasisfinancial
• Xx.com/OasisFin
• Facebookfacebook.com/OasisFinancial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oasis Financial