Settlement Lenders

What Settlement Lenders does

Settlement Lenders Inc. is a Canadian litigation financing firm headquartered in Edmonton, Alberta, operating as a wholly-owned sub-brand of Easy Legal Finance Inc. under the Easy Legal Group of Companies umbrella since its January 2021 acquisition. Founded in the early 1990s, the firm was one of Canada's first to offer pre-settlement lending to personal injury plaintiffs, and today provides non-recourse cash advances to individuals with pending motor vehicle accident, slip-and-fall, and other injury claims, as well as a suite of financing products to personal injury law firms. Its plaintiff-facing products include Lump-Sum Loans (single-advance funding) and Facility Loans (line-of-credit flexibility), priced at 19.95% annual interest compounded monthly in year one and 29.95% from year two onward, with an administration fee of up to 20% of the loan amount and no monthly payments required during litigation. The firm assumes 100% of case risk: no repayment is due if the plaintiff loses in court, and there are no credit checks or collateral requirements.

The company extends beyond consumer lending into a B2B channel serving personal injury law firms, offering File Financing (up to 50% of contingency fees), Disbursement Financing (including Assessment Financing with 24 months of interest-free terms and Disbursement Refinancing), and Settled Case Fast Track loans (up to 80% of contingency fees on settled files, funded within 48 hours). Its technology stack consists of a web-based loan application and management platform integrated with DocuSign for electronic signature workflows. Distribution combines direct-to-consumer intake (toll-free phone and online application) with lawyer referral partnerships, supported by content marketing through a President-authored blog, social media presence on Facebook/LinkedIn/Twitter, and BBB accreditation. Operationally, the firm serves four Canadian provinces (Ontario, British Columbia, Alberta, and Atlantic Canada) and maintains a network of medical assessment partners including IMA Solutions to support its Assessment Financing product line.

Name

Settlement Lenders

Legal name

Settlement Lenders Inc.

Website

https://settlementlenders.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1–10 employees

Short description

Settlement Lenders is a Canadian litigation financing firm offering non-recourse pre-settlement loans to personal injury plaintiffs and financing products to personal injury law firms, operating as a sub-brand of Easy Legal Group of Companies across four provinces.

Ownership category

akta.pro rank

Product category

Litigation Financing

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163)

akta.pro primary industry

Debt Settlement & Negotiation Services (FSAEAFAC)

Keywords

• Settlement lending
• Litigation financing
• Pre-settlement funding
• Personal injury loans
• Legal case financing

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Settlement Loan Interest: Interest charged on settlement loans to personal injury plaintiffs. Interest rates are 19.95% per year compounded monthly for the first year, increasing to 29.95% compounded monthly for year two and onwards. Interest payments are deferred until settlement.
2. Administration Fees: One-time administration fee of up to 20% of the loan amount, payable out of settlement funds upon resolution.
3. Lawyer Financing Products: Revenue generated from File Financing, Disbursement Financing, and Settled Case Financing products offered to personal injury law firms. Interest accrues from date of draw with payment due upon settlement.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Settlement Lenders provides non-recourse pre-settlement loans to personal injury plaintiffs awaiting resolution of motor vehicle accident, slip-and-fall, and other injury claims, available as Lump-Sum advances or Facility (line-of-credit) draws. For law firms, it offers File Financing, Disbursement Financing (including Assessment Financing and Disbursement Refinancing), and Settled Case Fast Track Loans to bridge cash flow between case settlement and receipt of contingency fees. Interest and fees are deferred until the case settles, with no repayment required if the case is lost.

Product overview

Settlement Lenders operates as a litigation financing firm providing a suite of financial products for the personal injury sector. For plaintiffs with pending injury claims, it offers Settlement Loans as its core product, available as Lump-Sum Loans or Facility Loans. For law firms, it provides three financing solutions: File Financing (for case-specific disbursements up to 50% of contingency fees), Disbursement Financing (including Assessment Financing for expert reports and Disbursement Refinancing for recouping incurred costs), and Settled Case Fast Track Loans (bridging contingency fees on settled cases). The company was acquired by Easy Legal Finance Inc. in January 2021 and now operates as a sub-brand within the Easy Legal Group of Companies portfolio alongside Easy Legal Finance Inc., Rhino Legal Finance, and Seahold Legal Finance.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Funding available within 48 hours for settled case loans to lawyers
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered minor.

• IMA SolutionsminorStrategic or Co-development PartnerOne of the country's leading providers of independent medical assessments. IMA Solutions has been conducting virtual IMEs throughout the pandemic and works with the company to provide medical assessment services to law firm clients. The partnership enables access to timely medical assessments for personal injury cases.
• Medical Assessment Partners NetworkminorStrategic or Co-development PartnerThe company has established an extensive network of medical assessment companies across Canada to help provide timely access to medical assessment services. Partners include specialists in Accidental Benefits, Employer, Forensics, and Functional assessments.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Peakhill Capital: Toronto-based litigation finance firm providing pre-settlement funding, disbursement financing, and law-firm financing to Canadian plaintiffs and personal-injury lawyers. Highly comparable product set and customer segments.
• Seahold Legal Finance: Third sibling brand in the Easy Legal Group, based in Moncton and founded in 2000. Provides pre-settlement lending and law-firm financing in the same Canadian personal-injury niche, and was acquired into the group in April 2020.
• Easy Legal Finance Inc. Parent company and sister brand within the Easy Legal Group of Companies. Offers an almost identical suite of pre-settlement funding and law-firm financing products in the Canadian personal-injury market, making it the closest direct comparable.
• Rhino Legal Finance: Sibling brand under the Easy Legal Group, providing pre-settlement funding to personal-injury plaintiffs across Canada. Operates the same model and shares infrastructure with Settlement Lenders, making it a near-clone direct peer.
• Calitus Capital: Canadian litigation funder focused on personal-injury pre-settlement advances and lawyer financing. Same customer segments, same non-recourse model, and same regulatory environment as Settlement Lenders.
• BridgePoint Financial Services: Canadian pre-settlement funding company serving plaintiffs with personal-injury and other litigation claims. Competes head-to-head with Settlement Lenders in the same product category, customer base, and Canadian geography.

Broad incumbents

• Therium Capital Management: International litigation finance firm with a broad portfolio across personal-injury, commercial, and class-action matters. Operates an adjacent funding model and provides benchmark data on returns in the broader litigation-finance market.
• Burford Capital: Largest publicly listed litigation finance firm globally. While primarily focused on commercial/corporate matters rather than consumer PI lending, it is a broad incumbent in the same litigation-finance space and shapes the sector's capital availability.
• IMF Bentham (now Omni Bridgeway): Global litigation funder with a broad portfolio of commercial and plaintiff-side matters. A broad incumbent whose underwriting standards and capital costs influence the entire litigation-finance sector, including consumer pre-settlement lending.

Regional players

• Harbour Litigation Funding: UK- and European-focused litigation funder with selective Canadian exposure. Comparable business model (non-recourse litigation funding) but a different primary geography, putting it in a regional-player bucket relative to Settlement Lenders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/slendersinc
• Facebookfacebook.com/Settlement-Lenders-Inc-100463862094368
• LinkedInlinkedin.com/company/settlement-lenders-inc-/about

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Settlement Lenders