Silver Dollar Financial offers a variety of funding options for clients who need their money now. For all of them, the process is as simple as filling out an online form, waiting as little as 24 hours for approval, and getting the money you need to take care of your affairs.
Pre-Settlement Funds
The biggest area of financial assistance we provide is in the realm of pre-settlement funding. This is a useful tool for people who are dealing with a stalled negotiation process in a personal injury claim. Instead of having to wait, with no money for expenses like rent or medical bills, while the opposing side drags out the process in hopes of paying you less than what you truly are owed, you can get a loan of up to $100,000 from Silver Dollar Financial.
“With a pre-settlement fund, you essentially borrow forward from yourself.”
Relieve the Pressure
Often, defendants and their attorneys or insurance companies will prolong the negotiations because they want you to feel desperate. The more desperate you feel, the more likely you are to accept a sub-par settlement. By getting the money you need now, you take away this weapon and give yourself space to think through the offers stress-free.
Borrow From Yourself
With a pre-settlement fund, you essentially borrow forward from yourself. The money given to you by Silver Dollar Financial represents a portion of your eventual settlement. When you settle the claim, you simply pay us back. If you are unable to settle or make a recovery, that’s okay! You only pay back the loan if you obtain a settlement.
Worry-Free Finances
In some cases, inheritances can be stalled in probate for a frustratingly long time. Unfortunately, bills and expenses never fail to come right on time. An inheritance loan, also known as an estate loan, is a way for you to get some of that inheritance money you need now rather than having to wait. Silver Dollar Financial can provide you with such a loan or refer you to other organizations that may have some solutions.
An inheritance loan, also known as an estate loan, is a way for you to get some of that inheritance money you need now rather than having to wait.
Funding for Structured Settlements
Your case may already have settled, but the outcome may not be what you wanted. Sometimes, your settlement may be paid in small increments rather than as one lump sum for you to use as needed. Silver Dollar Financial may be able to help you secure the money you need today instead of having to wait for the small payments to trickle in.
Silver Dollar Financial offers financing for a variety of situations where you need your money now. We offer legal funding, inheritance loans, and structured settlement buyouts for our clients who can’t afford to wait.
With a fast approval process that can deliver your funds in as little as 24 hours, we’re the ideal funding partner as you close one chapter of your life and open another. FInd out if our products are right for your needs.
Pre-Settlement Funding
After an accident, you could wait months or even years to receive your money from a settlement or court victory. Unfortunately, even if you expect a sizable award, you could see it slip away from you as your expenses pile up. The defense is counting on this, and they are likely drawing out negotiations with the hope that you will eventually settle for less.
The primary type of financial assistance we provide at Silver Dollar Financial is pre-settlement funding. This is a useful tool for people who are dealing with a stalled negotiation process in a personal injury claim. Instead of having to wait for your settlement with no money for expenses like rent or medical bills, you can get a lawsuit loan of up to $100,000.
How Pre-Settlement Funding Works
Pre-settlement legal funding, also known as a lawsuit loan, allows you to borrow from your future settlement. A legal funding company will first evaluate your case and determine how likely it is for you to win. Once this has been determined, they’ll make an offer, with the amount of funding you’re offered based on the likelihood that you will win your case.
The money you receive comes in the form of a nonrecourse loan from a legal funding company. This means you’re under no obligation to pay it back should you lose your case. Your personal finances won’t ever be at stake with a legal loan, and you won’t have to pass a credit check or employment verification to qualify.
Worry-Free Finances With an Inheritance Loan
Your loved one worked hard throughout their life to create a legacy that they could pass on to you. Now that the time has come for you to receive it, you could be running into more problems than you expected. In some cases, inheritances can be stalled in probate for a frustratingly long time, depriving you of what your loved one wanted you to have.
An inheritance loan is a way for you to get some of that inheritance money you need now rather than having to wait. However, it’s important to choose your inheritance loan provider carefully, as you only have one shot to get the maximum possible payout. Silver Dollar Financial can provide you with such a loan or refer you to other organizations that may have solutions.
Avoid the Probate Process
You could be stuck in probate for years trying to obtain the assets of your loved one. This process can be painstaking, especially in the case of estates where the assets are highly complex or there are multiple illiquid assets. The value of the estate must be determined and all debts and estate taxes must be paid before you can receive your share.
With an inheritance loan, you can get access to the money your loved one intended for you right now. You can avoid a costly and time-consuming legal process and the uncertainty that comes with waiting for money that should be yours. You can also avoid potential financial troubles that you could encounter from not receiving your inheritance money when you need it most.
Funding for Structured Settlement Buyouts
Your case may already have settled, but the outcome may not be what you wanted. Sometimes, your settlement may be paid in small increments rather than as one lump sum for you to use as needed. Silver Dollar Financial may be able to help you secure the money you need today instead of having to wait for the small payments to trickle in.
With a structured settlement buyout, you can receive a sizable lump sum from your settlement now instead of a trickle of payments over time. The money you receive is yours to spend however you want and you don’t have to pay anything back. We’ll take over the future payout from your settlement, allowing you to make use of your money now, when it matters most.
How Does a Structured Settlement Buyout Work?
Sometimes people who win their settlement still lose in a way, because their payout is spread over small payments across several years. Many people would prefer to have their settlement available to use now to make a large purchase or to pay off debts they’ve incurred over their legal fight. A structured settlement buyout allows them to do this.
At the center of any structured settlement buyout is the discount rate, or the percentage that you’ll pay to receive the lump sum. In order to receive a structured settlement buyout, the company making you the offer will need to bring their offer to the court that awarded you the settlement. The court will ultimately have to agree to the sale, as the settlement was supposedly crafted to your benefit over the long-term.
How Much Does a Structured Settlement Cost?
The amount you’ll pay for a structured settlement will depend on which legal funding company you work with. However, you can expect to pay anywhere from a 7% to nearly 30% discount rate. A more reputable legal funding company will charge you less, leaving with more of your settlement to take home.
You can likely get a better discount rate if you negotiate with your legal funding company. You should also submit applications to multiple companies to get more offers, which you can use for leverage against each other.
How Do You Choose the Best Settlement Purchaser?
It helps to shop around to find the best settlement purchaser, as the industry has many companies that are willing to service you. You may find that you can get a better offer for your settlement from a smaller company. However, you should also be aware of those that will want to take advantage of you by offering a high discount rate.
Research any settlement buyer you might want to work with to see what their online reputation is like. Check out any reviews you can find of them and their rating with the Better Business Bureau before making a commitment. You only have one chance to get the maximum value from a settlement buyout, so take your time to find the right company.
Apply for Funding With Silver Dollar Financial Today
Silver Dollar Financial offers a variety of funding options for clients who need their money now. We offer low interest rates and a simple application for all of our clients. For all of them, the process is as simple as filling out an online form, waiting as little as 24 hours for approval, and getting the money you need to take care of your affairs.
You shouldn’t have to leave money behind that is rightfully yours just because you can’t afford to fight for it. We’re here to help you recover the maximum value of your settlement or inheritance that you can spend now. Contact us today to apply now.