Smyrna Non-Recourse Loans
Personal injury cases in Smyrna are lengthy and frustrating. Plus, they can leave you with a lot of unfair expenses. If you did not cause your accident and are waiting on a settlement, a Smyrna non-recourse loan can help.
Silver Dollar Financial is here for you. We offer a transparent lending process so you can pay for your costs now. You only pay us back if you win your case.
To apply today, click Apply Now above. If you have questions, call (844) 871-0628 at any time, and we’ll be happy to help.
How Non-Recourse Loans Work
There are two types of loans: recourse and non-recourse. With traditional loans, the borrower presents some kind of collateral to the lender. If the borrower can’t repay the loan, the lender takes the collateral.
With a non-recourse loan, the lender cannot take more than the collateral. However, with a recourse loan, the lender can come after the borrower’s other assets. For example, they might be able to take from the borrower’s wages or bank account.
Non-recourse loans are less risky for the borrower. The lender is more likely to take the loss if repayment doesn’t happen. At Silver Dollar Financial, we provide non-recourse loans with even less risk.
Only Pay Us Back if You Win
We provide pre-settlement loans to those waiting on a settlement. With this type of loan, your settlement acts as the collateral. But since your compensation is coming, it’s really like borrowing from yourself.
When you get your settlement, you pay us back with what you win. There is no pressure to pay anything back before then.
If you don’t end up winning your case, you don’t have to pay us back! The little to no risk of pre-settlement funding puts you at an advantage compared to a traditional loan.
Using Your Non-Recourse Loan
After your injury, you will have damages. Personal injury damages are economic and non-economic losses from your accident. After approval, you can use your loan for whatever you need.
Here are some of the common areas our clients use their funding while waiting for their settlements.
Medical bills make up the most substantial portion of a personal injury claim. If your injuries are severe, you might have astronomical medical bills. You can use your cash loan to pay for your current treatment and bills.
You might also have future medical needs. By paying for your current costs, you’ll be up-to-date. You can use your remaining settlement for future bills.
Medical costs might include:
- Doctor bills
- Prescription medications
- Physical therapy
If your injury prevents you from working, you’ll need to replace that income. Not only will you have trouble paying your damages, but you’ll also need help with necessary living costs.
A non-recourse settlement loan help fill in the gaps while you can’t work. You can cover your costs and focus on healing.
You will probably need vehicle repairs after an auto accident. Sometimes, you’ll need to replace your car completely. Your injury claim should cover these costs, but not until you get your settlement.
Having a vehicle is vital for many people. You can use your funding to cover repair or replacement costs.
The use of your loan is not limited to your damages. You can use the funds to cover costs like:
- Rent or mortgage payments
- Utility bills
- Food costs
Once we approve and pay your loan, you can use it for any needs you have. It can help cover your expenses while your lawyer fights for the settlement you deserve.
To find out if you qualify, click Apply Now above or call (844) 871-0628. The application process is quick and easy, and you can get your funds in as little as 24 hours.
Personal Injury Cases We Cover
We provide funding to injury victims. If someone else caused your injury, your situation likely qualifies. Personal injury cases can include:
- Car accidents
- Truck accidents
- Bicycle accidents
- Dog bites and animal attacks
- Nursing home accidents
- Medical malpractice
- Defective products
- Workers’ compensation
- Slip and fall (premises liability) accidents
When you evaluate your application, we look at your case strength. We do not use your credit score to decide if you qualify.
Even if you have a strong case, it can be hard to wait for compensation. You need money to pay for your expenses. Waiting for your settlement can seem endless — and the insurance company knows this.
The at-fault party’s insurer or defense attorney will use time against you. They know that dragging out your case will encourage you to settle for less. Thankfully, a non-recourse settlement loan can help prevent this. When you aren’t desperate for money right away, you can fight for your rights with a clearer head.
How to Apply for a Non-Recourse Loan in Smyrna
At Silver Dollar Financial, we want the funding application process to be stress-free and straightforward. You can apply right on our website, and we are available by phone at all hours.
Completing Your Application
Click the Apply Now button above to go to our application page. We’ll ask you to fill out some simple information like:
- Email address
- Phone number
- Home state
- Type of case
- Whether or not you have a lawyer
- Case details
There is no fee to apply, and the turnaround is fast. We’ll start looking at your application. If we need more information, we’ll contact you or your lawyer. You can usually hear back from us in as little as 24 hours.
Getting Your Money
If we approve you for funding, we’ll send the money right away. It will go straight to your bank account for you to use.
You don’t have to worry about paying us back until you get your settlement. When you win, you can simply pay back the funds with your compensation — and you keep the rest.
We understand that some cases don’t go as planned. That’s okay! If you don’t end up winning your case, you don’t owe us anything. We take the loss.
Apply for a Smyrna Non-Recourse Pre-Settlement Loan at No Risk Today
A non-recourse pre-settlement loan can provide the money you need until you win your case. Silver Dollar Financial offers friendly, fast, and compassionate lending services. We’re here to help during this stressful time.
To apply for funding today, click Apply Now or call us at (844) 871-0628.