Personal Injury Disbursement loans
Our Personal Injury Disbursement loans can be used to fund the expenses incurred in pursuing a claim such as expert medical reports or court fees.
How does the funding work?
- The Loan is secured on an ATE (After the Event) insurance policy
- We charge interest on a simple, not compound, basis and this interest is not payable until the claim is resolved
- The money is drawn down as required by the solicitor running the claim, and paid directly into the law firm’s client account
- If a case is unsuccessful the loan is repaid to Affiniti from the ATE insurance policy proceeds
The Benefits
Key Facts for Law Firms
- Funding helps to preserve your company’s capital and cash flow
- Ability to utilise Affiniti expertise to streamline funding requests for your clients
- Our options offer flexibility to your clients
Key Facts for Consumers
- A high-quality personal service, with prompt credit decisions
- You need to have an ATE Policy in place, which will protect the repayment of your loan if your claim is unsuccessful
- If you receive an interim payment from the defendant, you can repay your loan early with no early repayment charges