Paterson, NJ Car Accident Loans

After a car accident in Paterson, NJ, the financial burden can be difficult, even if you expect that another party will pay for your medical bills. Lawsuits can take a long time to settle, but you may still face financial limitations during that period, and legal funding and car accident loans can help. That is why it is so critical that you have access to the money you need, including through Paterson, NJ, car accident loans from High Rise Financial.

It Really Is Not a Loan at All

Although it is often referred to as a car accident loan, the reality is these are funds that you will likely be paid at some time in the future that you are tapping into now. They are not like loans because you do not make payments on them over time, and that means there is no financial worry about them. More so, they can be seen as a type of cash advance.

The key here is to know the big difference between Paterson, NJ, car accident loans, and legal funding. That is, if you do not receive a settlement in your case, you do not owe us anything. You can keep the money we provide to you to use for any needs you have.

This type of advantage is simply not available through loans. With legal funding, which is a type of non-recourse funding, you do not have to worry about a large financial burden when you are facing the challenges of a denial of your settlement. High Rise Financial is here to help facilitate improvements, but not limit your future.

To apply for free, call (877) 735-0016

How Do Our Legal Funding Options in Paterson, NJ Work?

To provide our clients with access to the money they need now instead of waiting months for their settlement to come in, we spend a bit of time gathering your information and then requesting insight from your attorney. We are aiming to understand what you will receive in funding so that we can then offer you some of that money now, upfront. Most of the time, you can expect the process to be very simple and direct:

You can apply with us online. There is no cost or obligation to apply with us for this type of legal funding.
We gather your information from your attorney to determine the strength of your lawsuit and the expected outcome of it.
We then formulate an offer to you that meets what you need but also reduces some of the risks to us depending on the situation.
You have the right to agree to the funding terms and offer we provide to you, or you can choose not to do so. In all cases, there is no obligation.
If you agree, we will fund the loan to you, getting money into your account in as little as 24 hours from approval.
You do not pay us anything upfront or throughout the lifetime of the loan.
When you win your settlement, the lien comes due, meaning you will pay the full amount you owe to us and receive the rest of the settlement based on the award given to you.

With legal funding, you are empowered to get the money you need now without having to wait months for the insurance company or other responsible party to pay for your costs. Our car accident legal funding options are quite flexible to meet your goals, and there is no pressure to accept them either. Read through our frequently asked questions to learn more.

Paterson Car Accident Lawyer Near Me (877) 735-0016

How Much Do Car Accident Loans in Paterson, NJ Cost?

We cannot provide you with a specific fee schedule without having access to a bit more information, including the type of case, the overall strength of the case, and the specific requirements in your situation. However, when you apply for a loan, and we verify those details, we are fully transparent about the cost. Remember, you can decide that the funds are not right for you.

How Much Money Can a Paterson, NJ Car Accident Loan Provide to You?

Many times, it can take months for clients to receive any money from their settlement, and they become in need of ample financial support. Our legal funding options are available to help you meet many of the financial obligations you have. Typically, we lend between 10 and 20% of the expected settlement amount to our clients.

This is dependent on various factors, including the strength of your claim and the expectations you have. Many times, we will provide you with clear insight into what you can expect during that initial application. It could be between $1,000 and $100,000, depending on the specifics of your situation.

You are not obligated to accept the full amount we offer either. You can choose to obtain the amount of money best suited for your situation. This can help to alleviate a lot of the financial strain you are facing but still minimize any extra costs you do not want.

Complete a Free Application form now

What Happens if You Do Not Win Your Case?

There are many times when something changes after the lawsuit funds are provided to you that may lead to the settlement not being paid out to you. If that happens, at no fault of your own, you do not have to repay any of the money that we provide to you through this legal funding and can continue to use those funds as you need to do so. As a nonrecourse style of loan, we have no ability to go after your wages or assets if this occurs in your case in New Jersey.

Consider the Value of Getting the Financial Support You Need Now

At High Rise Financial, we offer Paterson, NJ, car accident loans that provide valuable and essential financial relief to our clients when they need it the most with a straightforward, simple-to-use funding process. To get started, fill out the application on this page and then reach out to us with any questions you have. We can often fund your loan within 24 hours, getting you the money you need fast.”

Call or text (877) 735-0016 or fill out our form to apply today for free.