The Federal Reserve recently published a study based on the most recent data that stated that many Americans don’t have enough cash put away to cover a $400 emergency expense. Think about that for a second. If someone were to get injured in an accident, they would have a hard time covering the most basic of medical expenses.
Medical expenses cost, on average, way more than just $400. You can quickly find yourself in debt, waiting on compensation to come through. Instead of waiting around, you can receive medical funding to stem the growth of financial hardship. Silver Dollar Financial offers Dunwoody residents medical funding to help them overcome economic obstacles. Call our offices today at (844) 871-0628.
Medical Funding Only Covers Medical Expenses
Medical funding is a limited form of pre-settlement funding. As the name suggests, the only things you can use your funds for are for:
- Hospital visits and emergency room visits
- Prescription medicines
- Physical therapy
- Psychological services
- Medical equipment
If you need money to cover your rent, utilities, groceries, etc., you would need to apply for pre-settlement funding instead. Pre-settlement funding will cover all of your expenses, including medical bills, and provide you with the comfort you need to get by while fighting for compensation.
Should you only need quick funds for medical purposes, then our medical funding remains a perfectly acceptable option.
Click to contact the Silver Dollar Financial Team today or Call (844)871-0628
Medical Funding Is No-Risk
With medical funding, you are essentially borrowing from yourself. Even if you don’t have a good financial status, the only thing that matters is you winning your settlement. Once you win your settlement, you pay back the funds you borrowed with the money you won. You are pretty much just taking a cash advance on your compensation.
But what happens if you don’t win compensation? In that case, you do not have to pay us back. We accept that risk and its consequences. Silver Dollar Financial will not seek to recover any of its loss through you. There is no risk to obtaining funding from us.
This is because medical funding is non-recourse. Whatever money we lend to you, you are not liable for it. Non-recourse loans are heavily favored towards the borrower and allow great flexibility in risk management with your finances. We know you are already in a tough financial spot. The last thing we want to do is be another source of financial strain should settlement negotiations go awry.
What Is the Application Process?
Applying for medical funding is a very simple process.
Fill Out Our Online Application
On our website, you will find the apply now button. Click on it and fill out all of the information required. You will need to provide:
- Your information and your lawyer’s information.
- Details about your accident and the status of your claim.
- How much money your settlement is estimated at.
- How much money you need to pay off your medical expenses.
You do not need to provide anything else. We do not require any hard financial documents or a credit check.
Our Professionals Review Your Application
Once we receive your application, our financial team will review all of the information provided. If they need more information, they will contact either you or your lawyer. We know that time is of the essence, so our team will work quickly to get you notification of your approval.
We Pay Your Medical Expenses
Once approved, we will begin making payments on your medical expenses. You will receive notification of approval within 24 hours and can receive up to $100,000 worth of funds.
Personal Injuries Are Expensive
The rising cost of medical care in the U.S. makes it hard to obtain quality treatment for your injuries. While you are entitled under Georgia law to file a claim for your damages, this process can take a long time. You won’t get compensation instantly, but you still need quick treatment to ensure that you properly recover and all of your damages get calculated.
You shouldn’t have to make hard compromises on your health and wellbeing with your financial stability. Our medical funding is meant to empower you so you can make the best decisions possible for your claim and your life.
Apply Now for Pre-Settlement Funding
Medical Funding Will Ease Your Financial Burden
The stress of dealing with a lawsuit after your accident is already more than enough. Don’t let financial strain burden you and take your attention away from your recovery. We are ready to help you through these tough times.
If you’re in Dunwoody and need financial assistance, call us today at (844) 871-0628 for more information.