Roswell Non-Recourse Loans
Personal injury claims in Roswell often take time to resolve. While you wait for your settlement, you have costs to pay. If you’re considering a loan to pay for your expenses, Roswell non-recourse loans favor you the most.
At Silver Dollar Financial, we provide only non-recourse loans where you only pay us back when you win your case. If you don’t end up winning a settlement, you don’t pay us back. We’re committed to transparency in every aspect of our services.
To apply for a no-risk loan today, click Apply Now above or call (844) 871-0628.
Recourse vs. Non-Recourse Loans in Roswell
As the Internal Revenue Service (IRS) outlines, there are two types of loans:
- Recourse loans
- Non-recourse loans
Recourse loans hold the borrower personally responsible for the debt. These loans involve collateral, which is something the borrower puts down as security for repayment.
For example, someone might put down their home as collateral for a recourse loan. If the borrower cannot repay the debt, the lender can take the home as collateral. But that’s not all: the lender can also take more to collect what the borrower owes. The lender might come after bank accounts or wages.
With a non-recourse loan, there is no risky collateral or repayments. Pre-settlement loans use your settlement like collateral. You only repay the funds when you win your compensation — and only if you win. The funding company does not pursue anything else from you.
No Settlement, No Problem
At Silver Dollar Financial, our funding is always non-recourse. That means:
- You get up to $100,000 immediately based on your pending settlement.
- You only repay the money when you get your settlement. Then, you keep the rest!
- If you don’t end up winning your case, you don’t have to pay us back.
We will not (and cannot) take anything from you if there’s no settlement. Your repayment only comes from what you win from your personal injury case.
Our non-recourse “loans” are not really loans at all; they’re a cash advance to yourself. Since your settlement money is already (most likely) on the way, you just get the funds sooner. Then, you pay them back with the cash that’s already yours.
How to Apply for a Roswell Non-Recourse Loan
Our process is simple:
- Apply for your funding online. Click Apply Now above to get started. (Or, you can call us at (844) 871-0628.)
- We review your application. Our financial gurus will evaluate your application to see if you qualify. If you do, you can hear back in as little as 24 hours.
- You get your money. We’ll send the non-recourse funds straight to you. They’re yours to use as you need them.
We believe no one should suffer financially for someone else’s actions. While you wait for your financial recovery, a non-recourse pre-settlement fund can help.
Benefits of a Non-Recourse Settlement Loan in Roswell
Personal injury cases can take months — or even years — to settle. If you file a lawsuit, there’s a lot of money and time on the line. Meanwhile, you have accident costs and living expenses that cannot wait.
Instead of letting the bills pile up, you need assistance. Here are some of the ways a non-recourse settlement loan helps you.
A Non-Recourse Loan Means Borrowing From Yourself
Unlike a traditional loan, non-recourse funding is like borrowing money from yourself. It’s like giving yourself a cash advance on your pending settlement. We’re just giving you access to your money sooner.
Giving You a Leg Up on the Insurance Companies
Many personal injury cases stall during negotiation. The other side’s insurance company will use your situation to their advantage.
Insurance companies know that most injury victims cannot wait long for a settlement. They hope that dragging out the process will force you to settle sooner — and for less. The insurance adjuster knows you have economic damages like:
- Medical bills
- Prescription medication costs
- Lost wages
- Property damage repairs
Plus, you have essential living costs, too. You need income to pay for rent, food, and more. If your injuries prevent you from working, it becomes a problem quickly. Pre-settlement funding puts you back in control.
You can use your funding to cover your most urgent costs. With your bills paid, you can wait longer for the settlement you deserve. Your lawyer will work to negotiate compensation that covers all of your damages.
The extra negotiation time won’t hurt as much if late payments aren’t stressing you.
No Risk if You Don’t Win Your Case
Traditional loans always come with a caveat. You get the money you need now, but repayment is still in the back of your mind. It can create a vicious cycle that’s hard to end. However, non-recourse pre-settlement funding is different.
Sometimes, injury cases don’t go as you and your lawyer planned. It’s okay. If you don’t end up winning your case, you don’t have to pay back your funds. Plus, you only pay back the money with your settlement money if you win.
At Silver Dollar Financial, we want the process to be as stress-free as possible. We understand that personal injury cases are exhausting enough, even without money stress. Unlike other lenders, we’re straightforward with our process.
Loan Flexibility for the Expenses You Have
Pre-settlement funding is flexible for each client. Depending on your case details, you can get up to $100,000 sent to your bank account. Many clients get approval in as little as 24 hours.
You can use your funds as needed. There is no requirement for how you use your money. You can pay for immediate medical costs, living expenses, and more. The money is yours to use.
Apply for the Roswell Non-Recourse Loans You Need Today
If you need cash now to cover your expenses, apply for Roswell non-recourse funding today. You can begin online right now. If we need additional information from you, we’ll let you know after receiving your application.
To get started today, click Apply Now above or call (844) 871-0628. We’re here to help you get the funding needed to move on with your life.