State rules
Funders activeCase Equity in Tennessee.
ClaimAngel funders are active in Tennessee. 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 facts
What Tennessee law says.
As of July 14, 2026
The Litigation Financing Consumer Protection Act (2014) requires Secretary of State registration and caps fees at 10% of the funded amount annually plus charges up to $360 per $1,000 per year. Public Chapter 1005 (signed May 19, 2026) adds commercial financing rules and revises the consumer provisions.
Rate cap on record: 10%/yr + $360 per $1k/yr
Verified against primary sources July 14, 2026. The full facts layer for Tennessee, with statute citations and sources, is being written; the summary above is current.
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
Tennessee funding, asked plainly.
Is pre-settlement funding legal in Tennessee?
Yes. The Litigation Financing Consumer Protection Act (2014) requires Secretary of State registration and caps fees at 10% of the funded amount annually plus charges up to $360 per $1,000 per year. Public Chapter 1005 (signed May 19, 2026) adds commercial financing rules and revises the consumer provisions. 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 Tennessee?
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 Tennessee case through ClaimAngel today, with no credit check and nothing owed if you lose.
How much does legal funding cost in Tennessee?
Tennessee law caps what funding can charge: 10%/yr + $360 per $1k/yr. 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 Tennessee case, and nothing owed if you don't win.