If you have been injured due to someone else’s negligence in Kingman, you may be able to seek compensatory damages by filing a lawsuit. However, filing a lawsuit can be time-consuming, and bills accumulate during your recovery, causing financial strain. This is where lawsuit loans can help. Lawsuit funding companies like High Rise Financial offer expedited funding to plaintiffs while they await a verdict in their case.
How Traditional Loans and Lawsuit Funding Differ
Litigation funding is commonly known as a lawsuit loan. Despite this name, this financial product is quite different from conventional loans. Here are some key differences you need to be aware of.
- Lenders offering traditional loans assess a borrower’s creditworthiness before providing funds. However, if you choose High Rise Financial’s lawsuit advances, we do not consider your credit score, only the merits of your case.
- Traditional financing is a recourse loan; you must repay the money regardless of the case outcome. Litigation funding is a non-recourse loan, and the lender can only recover their money from the court award or settlement proceeds. The plaintiff has no personal liability; if you lose your case, you’re not required to pay the lawsuit loan back.
- Another difference between traditional loans and settlement loans in Kingman is the repayment terms. A traditional loan is typically repaid through a series of monthly payments. On the other hand, the lawsuit loan company will only require payment after you win your case and are compensated.
To apply for free, call (877) 735-0016
Our Lawsuit Loan Application Process
The settlement loan process in Kingman is straightforward. Here’s how you can obtain funding from High Rise Financial.
- Submit a completed application form for our lawsuit loans online.
- Our underwriters will review your case with the help of your attorney.
- Upon approval, we’ll make you an offer and provide you with a non-recourse loan right away.
Personal Injury Lawyer Near Me (877) 735-0016
Apply for Funding in Kingman Today!
With lawsuit loans, you can have the financial backing to fight for the total value of your settlement and ease your monetary struggles. High Rise Financial will expedite the approval and funding process to ensure you have cash when needed. Our non-recourse loans are low-risk and come with low interest rates. Ready to apply for our Kingman lawsuit loans? Contact us today!
Call or text (877) 735-0016 or fill out our form to apply today for free.