State rules
Funders activeCase Equity in Florida.
ClaimAngel funders are active in Florida. One set rate: 27.8% simple, 2x cap at 46 months. If you don't win, you owe nothing back.
The industry calls this pre-settlement funding, legal funding, or a lawsuit loan. We call it Case Equity.
The short version
You can get funding in Florida. There is no state funding law, so your contract is what protects you. Read it, and ask for the rate in writing. Ours is public.
The facts
What Florida law says.
As of July 14, 2026
Florida has no funding-specific statute. A 2026 bill to regulate the field, SB 1396, died on the Senate calendar on March 13, 2026 without a floor vote. Florida courts have declined to void funding agreements on champerty grounds and have said regulating the industry is the Legislature's job. Funding operates under general contract law.
Where the law stands
No statute governs consumer legal funding. The Litigation Investment Safeguards and Transparency Act (SB 1396, 2026) would have created a regulatory regime effective July 1, 2026, but it died on the Senate calendar on March 13, 2026.
The courts
Kraft v. Mason (Fla. 4th DCA 1996) held a funding agreement enforceable and not champertous. Fausone v. U.S. Claims (Fla. 2d DCA 2005) enforced a funding agreement and invited the Legislature to examine the industry.
Bar rules
The Florida Bar, in Ethics Opinions 00-3 and 02-4, permits lawyers to honor client assignments of proceeds but prohibits them from issuing letters of protection to funding companies.
For plaintiffs
- Funding is available and enforceable in Florida. No state statute caps charges or mandates disclosures, which makes the funder's own terms the whole ballgame. Ours are public: 27.8% simple, capped at 2x.
For law firms
- Watch the Legislature: regulation bills are now appearing each session. The 2026 bill died, but the field is active.
Sources
- SB 1396 (2026) bill history, Florida Senate (accessed July 14, 2026)
- SB 1396 Judiciary Committee analysis, Florida Senate (accessed July 14, 2026)
For educational purposes only, not legal advice. Laws change and courts reinterpret them. Check the dated sources on this page, and talk to a lawyer licensed in your state about your own case.
The questions
Florida funding, asked plainly.
Is pre-settlement funding legal in Florida?
Yes. You can get funding in Florida. There is no state funding law, so your contract is what protects you. Read it, and ask for the rate in writing. Ours is public. On ClaimAngel it is offered as Case Equity: one set rate, a hard cap, and nothing owed if you lose.
Can I get a lawsuit loan in Florida?
What the industry calls a lawsuit loan is not a loan: a loan bills you monthly and follows you if you lose, and this does neither. The accurate name for the modern product is Case Equity, money drawn from the value your case already holds. You can draw on your Florida case through ClaimAngel today, with no credit check and nothing owed if you lose.
How much does legal funding cost in Florida?
Florida does not set a state-specific price cap. On ClaimAngel the price is public and the same everywhere we serve: 27.8% simple annual interest, never compounding, with a hard cap at 2x the draw plus financed fees. The calculator shows the exact payoff for your numbers, to the penny.
Is pre-settlement funding a loan?
No. A loan follows you if you lose and bills you along the way. Case Equity is non-recourse: money from the value of your case, repaid only out of a winning settlement. Lose the case, keep the money, owe nothing back.
What happens if I lose my case?
You owe nothing back. Non-recourse is the product, not fine print: the draw is repaid only from a settlement or judgment in your favor.
Ready when you are. Same set rate for every Florida case, and nothing owed if you don't win.