Have you been injured in an accident and need cash now? Bridgeway Legal Funding can provide a settlement loan within 24 hours! Bridgeway specializes in offering pre-settlement funding, also known as "lawsuit loans", at one of the lowest rates in the industry.
What is a Settlement Loan?
A Settlement Loan or Lawsuit Loan is actually not technically even a "loan", this type of funding is a non-recourse advance. A non-recourse advance means that you can receive money now and it only needs to be re-paid if you win your lawsuit and receive a settlement. Unlike a loan from a bank, a settlement loan has no effect on your personal credit, rather it is only tied to your injury lawsuit.
How does it work?
The application process is quick and easy. Since a settlement loan is not technically a loan, it requires no credit check or background check. Apply today either by submitting an application on our website or by phone call to (800) 531-4066. Once you apply, our team will give you a quick telephone interview on how your accident happened, request the appropriate documents from your attorney’s office and then let your know how much of a case advance we can offer you.
Why use Bridgeway?
Unlike most all other funders in the lawsuit loan industry, Bridgeway offers funding at a non-compounding rate. A compounding rate is one that will continue to increase at a higher amount the longer your case goes. A non-compounding rate is one rate remains the same through-out, or continues on a “straight-line”.
For example, a client who received a $5,000 advance from Bridgeway and repaid it after 18 months would save 20% or roughly $1,700 in costs compared to a funder who is charging compounding interest!
Funding is available for: