Norcross Non-Recourse Loans
After an injury accident in Norcross, your situation can feel overwhelming and uncertain. You might have a settlement on the way, but your bills and living expenses can’t wait. To help bridge the gap, you can apply for a Norcross non-recourse loan.
At Silver Dollar Financial, we are passionate about helping injury victims with their costs. We can help you cover your expenses until you get your settlement. Our non-recourse loans are risk-free and straightforward for you.
To learn more, click the Apply Now button above or call us at (844) 871-0628.
Traditional Loans vs. Non-Recourse Loans
Non-recourse loans are not actually loans. Let’s compare them to the traditional loan model.
When you take out a loan, the repayment process is unconditional:
- No matter what, you have to repay the money you borrow.
- Plus, you’ll probably have due dates and ongoing payments.
- Traditional loans also involve interest payments and other fees.
Although a loan can help you out of a tough situation, it comes with additional stressors. Life doesn’t always go as planned. Paying back the money might be more complicated than you initially realize.
When you take out a loan, you’re usually borrowing from a bank or other institution. If you cannot pay back the full loan, you could face:
- Adverse effects on your credit score
- Loss of other assets like your car or home
- Steep interest on your payments
Compared with traditional loans, non-recourse loans:
- Do not require monthly payments or interest
- Do not involve additional fees
- You do not have to repay more than your collateral.
Collateral is something you present to a lender as security. If you cannot repay your loan, the lender can take your collateral as repayment.
With non-recourse loans, the lender cannot take more than your collateral. You do not have to worry about losing more of your money or assets if you can’t repay the loan.
Silver Dollar Financial’s Non-Recourse Funding
At Silver Dollar Financial, we provide non-recourse pre-settlement funding. Instead of a loan, it’s like a cash advance to yourself. Essentially, your pending settlement acts as your collateral:
- We buy a portion of the settlement you expect to receive.
- We pay up to $100,000 in cash so you can pay your costs.
- When you receive your settlement, you pay us back from what you win (and keep the rest!).
- If you don’t end up winning your case, you don’t have to pay us back.
That’s right: If you don’t end up winning a settlement or jury award, we take the hit. You do not have to pay back the funds we send you.
With non-recourse funding, you also don’t have to worry about monthly payments. If we approve you for funding, the money is yours. You can use it to manage your costs while you wait for your settlement.
No Financial Risk if You Lose
We approve you for funding if you can see you have a strong case. When you apply for funding, we’ll get some information about your pending claim. We’ll discuss the details with your lawyer so that we understand your situation.
An approval means we feel confident that you will win. With that said, we know that not everything goes as planned.
If you end up losing your case, we won’t add stress to your life — no need to worry about paying back the money because it is non-recourse.
When Your Claim Is Smaller
After most clients pay back their funding, they have a significant settlement left to enjoy. However, sometimes a settlement is not as large as you were expecting.
Once you resolve your claim, we will receive only the amount of funds we sent you. After your attorney fees, you still keep the rest. Even if your balance is smaller than you expected, you won’t have to pay back more than your compensation.
How Much You Can Get from a Non-Recourse Loan in Norcross
Your eligibility depends on your case details. At Silver Dollar Financial, we offer up to $100,000 from your pending settlement. The information you provide to us when you apply will determine what you can receive.
To get started today, click Apply Now above or call us at (844) 871-0628. We are here to answer any questions and assist you.
Approval Can Happen within 24 Hours
Medical bills and living costs don’t wait. Silver Dollar Financial understands that you need urgent assistance.
In many ways, we can approve your application in as little as 24 hours. You might have the money you need by the next day. If we need any more information from you, we’ll contact you or your lawyer as soon as possible.
Every situation is different, but we work quickly on each application. We’ll strive to get you your money as soon as we can.
Types of Non-Recourse Funding in Norcross
We offer non-recourse loans for many different types of personal injury cases, including:
- Personal injury
- Auto accidents
- Premises liability (slip and fall)
- Medical malpractice
- Wrongful death
- Product liability
If another person’s actions caused your injury (or a loved one’s death), you might qualify. When you apply, we will get some details about your case and your needs. We’ll let you know if your situation qualifies for funding.
You should not have to stress about bills for an injury you didn’t cause. In as little as 24 hours, you could have the money you need. Once you get approval, you can use the funds for any expenses you have. Since we only offer non-recourse funding, there is no risk if you don’t win your case.
Apply for a Non-Recourse Pre-Settlement Loan in Norcross Here
Instead of a traditional loan, consider non-recourse funding while you wait for your settlement. At Silver Dollar Financial, we can offer up to $100,000 based on your pending compensation. Apply with us today to quickly find out if you qualify.
We have an easy three-step process:
- Click Apply Now or call us to apply. It should only take a few minutes, and we do not use your credit score.
- We review your application and tell you if you qualify. You could get approval in as little as 24 hours.
- After approval, we send the funds to your bank account. They are yours to use.
Remember, you only pay us back when you get your compensation. If you don’t end up winning, you don’t have to pay back the funds.
To get started today, click the Apply Now button or call (844) 871-0628.