Chicago Litigation Funding
Preferred Capital Lending, Inc.
At Preferred Capital Lending, Inc. we work hard to remove the financial burden and pressure resulting from a lawsuit. We know that after an accident, you might have an increase in expenses (medical bills, deductibles, unpaid property damage, rental cars, etc.) and also a decrease in income (loss of wages). This situation creates extreme pressure on you and, in turn, pressure on an attorney to expedite a case that simply cannot move any faster.
Lawsuit loans can be an effective solution. They may be used for any purpose, but common uses include paying rent, a mortgage, or utilities and needed medical tests or treatment (surgery) that you might not be able to afford (especially if you do not have health insurance or medical payment coverage).
To apply for a lawsuit loan, you only need a personal injury or workers' compensation case. Whether you are awaiting your settlement or your case has recently settled, my office can loan you money. We do not do credit checks and you do not need a job.
At Preferred Capital Lending our goal is to assist individuals involved in injury cases in meeting their daily living expenses while awaiting resolution of their claims.
Insurers often exploit individuals' pressing need for money by trying to settle their valuable claims for less than their actual worth. We provide personal injury loans and workers' compensation loans to victims so that they are able to meet their many financial burdens. This allows plaintiffs to fully prosecute their claims for the best possible result, and to forgo inadequate settlement offers.
The benefits of litigation funding include:
If you or someone you know in Illinois needs the assistance of an experienced Chicago Litigation Funding firm, call Preferred Capital Lending today at 866-Cash-123.
Lawsuit loans can be an effective solution. They may be used for any purpose, but common uses include paying rent, a mortgage, or utilities and needed medical tests or treatment (surgery) that you might not be able to afford (especially if you do not have health insurance or medical payment coverage).
To apply for a lawsuit loan, you only need a personal injury or workers' compensation case. Whether you are awaiting your settlement or your case has recently settled, my office can loan you money. We do not do credit checks and you do not need a job.
At Preferred Capital Lending our goal is to assist individuals involved in injury cases in meeting their daily living expenses while awaiting resolution of their claims.
Insurers often exploit individuals' pressing need for money by trying to settle their valuable claims for less than their actual worth. We provide personal injury loans and workers' compensation loans to victims so that they are able to meet their many financial burdens. This allows plaintiffs to fully prosecute their claims for the best possible result, and to forgo inadequate settlement offers.
The benefits of litigation funding include:
- Medical bills paid prior to trial, expediting admission at trial.
- Relieves financial burden on an attorney. On large cases, an attorney may have the client use litigation funding to cover the high cost of experts and other file expenses, thereby allowing the case to be worked up as it should and not on a tight budget.
- We can usually provide funding within 24 hours without financials.
- Lawsuit loans can conveniently be closed at our offices.
If you or someone you know in Illinois needs the assistance of an experienced Chicago Litigation Funding firm, call Preferred Capital Lending today at 866-Cash-123.
Frequently Asked Questions
What type of case do I need to apply?
If you have the following cases you are eligible to apply for a lawsuit loan:
- Personal Injury
- Workers' Comp Case
- Auto Accident
- Wrongful Death Claim
- Medical Malpractice
- Slip and Fall
When do you get paid?
We are typically paid at the same time and in the same manner in which the clients are paid -- out of the proceeds of their claims. Lawsuit loans are usually for a one-year term (or until the borrower's claim is resolved if within the year period.) However, if the claim is not resolved within the year, and if the borrower remains in compliance with the loan agreement, we will renew the loan for additional one-year terms until the case is resolved.
Do you need to have good credit to apply?
No. The lawsuit loan is based on the merit of the claim. It does not reflect on your credit rating or job status.
How do I apply?
Applying for a lawsuit loan is easy. The application takes about 5 minutes to fill out. There are no credit checks and you don't need a job.
We get your lawsuit loan processed fast. Once an application is submitted, someone at our office will contact you within one business day. We then contact the attorney for some information on your case. For example, if you were in an auto accident, we will request a copy of the police report. Our legal team will then review all of the information we gather. Once the application is reviewed and approved, you can get your lawsuit loan check within one business day!
It's free to apply for a lawsuit loan. You are not obligated to accept the loan; it is only final after you are approved and have signed the documents. There are no hidden fees. Find out if you are eligible for a lawsuit loan by applying today.
If you or someone you know in Illinois needs the assistance of an experienced Chicago Litigation Funding firm, call Preferred Capital Lending today at 866-Cash-123.
Additional Questions or need further information?
Preferred Capital Lending, Inc.
368 W. Huron Street, Suite 200N
Chicago, IL 60610
Telephone: 866-Cash-123
Fax: 312-274-1383