About Settlement Lenders
Settlement Lenders is a Financial Services company based in Edmonton (Canada) founded in 1985, and was acquired by Easy Legal Finance in January 2021. Settlement loans are provided to personal injury claimants awaiting payouts. Settlement Lenders offers products and services including Settlement Loans and File Financing. Its focus areas include Consumer and SME Loans, Consumer Loans and Diversified. Its competitors include Home Capital Group, Fairstone and MCAP.
Company details
Settlement Lenders was established in 1985 in Edmonton, Canada, within the financial services sector. Loans are extended to individuals involved in personal injury lawsuits to address immediate financial needs while cases remain unresolved. Services include non-recourse funding without credit evaluations, collateral requirements, or scheduled repayments. Funds are repaid solely from successful settlements, supporting stability during extended legal proceedings in the personal injury domain.
- Headquarters Edmonton, Canada
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website settlementlenders.com
- Social LinkedIn Facebook
- Acquired by Easy Legal Finance (Jan 2021)
- Investors
- Acquired byEasy Legal Finance
(Jan 2021)
Products & Services of Settlement Lenders
Settlement Lenders offers a comprehensive portfolio of products and services, including Settlement Loans and File Financing.
Advances on expected legal settlements for personal injury claims
Funding for legal files and disbursements in ongoing cases
Investors in Settlement Lenders
Settlement Lenders has secured backing from 1 investor. Prominent investors backing the company include Easy Legal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Easy Legal is engaged in providing specialized lending solutions. | easylegal.ca | Toronto, Canada |
Investor details for Settlement Lenders
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Timeline of Settlement Lenders
2 dated milestones of Settlement Lenders across 36 years, from founding to its latest funding, stage changes and deals.
- Founded Settlement Lenders is founded.
- Exit Acquired by Easy Legal Finance.
Competitors of Settlement Lenders
Settlement Lenders has 3 listed competitors in our database. They include Home Capital Group, Fairstone and MCAP.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| homecapital.com | 1986 | Toronto, Canada | Residential and non-residential mortgage loans are provided in Canada. | |||
| fairstone.ca | 1923 | Montreal, Canada | 971 | Diversified lending services are offered by Fairstone as an NBFI. | ||
| mcap.com | 1981 | Toronto, Canada | Residential and commercial mortgage services are provided across Canada. |
Detailed competitors of Settlement Lenders
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Web traffic of Settlement Lenders
Websites that share an audience with Settlement Lenders (settlementlenders.com).
Websites whose visitors overlap most with Settlement Lenders. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tortcomm.org | tortcomm.org | 100% | #8,243,124 | – | |
rhinofinance.com | rhinofinance.com | 54% | – |
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Related news about Settlement Lenders
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Frequently Asked Questions about Settlement Lenders
Settlement Lenders was founded in 1985.
Settlement Lenders is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
Settlement Lenders was established in 1985 in Edmonton, Canada, within the financial services sector. Loans are extended to individuals involved in personal injury lawsuits to address immediate financial needs while cases remain unresolved. Services include non-recourse funding without credit evaluations, collateral requirements, or scheduled repayments. Funds are repaid solely from successful settlements, supporting stability during extended legal proceedings in the personal injury domain.
Settlement Lenders's top competitors include Fairstone, MCAP and Home Capital Group.
Settlement Lenders offers Settlement Loans and File Financing.
Settlement Lenders has 1 investor. Key investors include Easy Legal.
Yes. Settlement Lenders was acquired by Easy Legal Finance in January 2021.