According to the Bureau of Labor Statistics (BLS) nearly three out of every 1,000 full-time workers in the United States sustained workplace injuries in 2018. The BLS data for 2018 also indicated that the healthcare and social assistance professions accounted for the most non-fatal workplace injuries in the private sector.The retail trade accounted for the second-most, and manufacturing professions rounded out the top three.

As long as their employers carry the applicable insurance, employees who are injured on the job or suffer work-related illnesses can make worker’s compensation claims. Successful claimants usually get cash benefits and medical care.

In some situations, however, it may take some time for an injured party to receive their workers’ compensation settlement, making it difficult to cover routine expenses and other costs. Luckily, there are options to help. One is workers compensation settlement funding. Funding companies provide this type of financial relief to injured workers who need help getting by until their claims are resolved.

This may be an option for you if you were hurt on the job, hired a lawyer to represent you in a workers compensation case and need financial assistance. Keep reading to learn more.

How does workers compensation settlement funding work?

To get this type of financial relief, you must be a claimant with a pending workers compensation case and you must have legal representation. If you meet these criteria, you can submit an application to a workers compensation funding company. The company will assess several aspects of your case including how badly you were hurt and the type of treatment needed. Based on its findings, the company will provide the cash you need to get by. When your claim is resolved, you then will repay that amount, plus any applicable fees or other charges from your final settlement.

Where is this available?

Unfortunately, workers compensation settlement funding is not available in all 50 states. The funding company you are applying with can advise if it is possible in your state.

What can I use the funds for?

In most cases, people who apply for this type of funding use the money to help them meet routine financial obligations. Examples generally include rent, mortgages, car payments, car insurance, utilities and so forth.

How much can I expect to get?

This will depend on the specific circumstances of your case and the results of the funding company’s assessment. Amounts may range from $500 to $100,000.

Are there any restrictions on which workers can apply?

No. This type of financial relief is available to all eligible workers in states where it is permitted. This means it may be a viable option for you if you were injured while working in one of the following industries, among others:

  • Construction
  • Hospitality
  • Shipping or distribution
  • Security
  • Grocery stores/supermarkets
  • Trucking
  • Retail
  • Factories
  • Manufacturing
  • Agriculture
  • Food services/restaurants

What are qualifying injuries?

You may receive workers compensation settlement funding if you sustained any of the following:

  • Head injuries such as concussions, traumatic brain injury and so on
  • Fractures
  • Injuries from a fall or being struck by an object
  • Injuries caused by equipment malfunctions
  • Back, neck and joint injuries
  • Vision or hearing loss
  • Breathing difficulties
  • And more…

What about other soft tissue injuries?

There are no restrictions on the types of injuries a workers compensation settlement funding company can consider. This means you can get funding even if you didn’t sustain trauma requiring surgery. It also means that you may receive funding for soft tissue injuries including but not limited to whiplash.

What are the advantages of workers compensation settlement funding?

There are several benefits of this type of funding. First, it is a quick and fairly simple way to get financial relief while your workers compensation case is pending. It is different from a traditional loan because there are no job requirements and credit score is not a factor.

What are the disadvantages of workers compensation settlement funding?

Applicants must be extremely selective about the funding companies they apply with. Failure to do so may result in unpleasant surprises in the form of exorbitant fees and other charges applied by unscrupulous providers. These costs are added to the original funding amount. This means the applicant may end up having much more paid from their final workers compensation award than they initially anticipated. Aside from that, the longer a case takes to resolve , the more the applicant will owe once it is finalized. On average it can take 1.5 to 2 years for a workers compensation case involving litigation to be resolved.

Experts generally recommend that you do not pursue this option if you have other means of financial relief. These may include traditional loans, personal loans from family or friends, home equity loans, or other disability benefits.

That being stated, if you have weighed all of your options – or if you feel you have no other options, we are here to help. As long as you are eligible for funding, you can simply apply through our website or give us a call to get the relief you need.


Oasis provides pre-settlement funding, also known as consumer litigation funding, to its customers through different products depending on their state of residence or cause of action. Many consumers will be provided pre-settlement funding in the form of a purchase agreement, which assigns a portion of the pending proceeds from their legal claim.  Other consumers, such as those in CO, IL, MN, MO, SC, WI and some OK residents, will be offered a funding in the form of a pre-settlement loan, sometimes referred to as a lawsuit loan. These transactions have important differences, therefore, consumers should carefully review and be aware of the type of transaction that is offered to them by any funding company.