New York Bike Accident Loans

  • Get Cash as Soon as the Same Business Day
  • Rates as Low as 2.5% Simple, Monthly
  • Repay $0 if You Lose Your Case
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What Are Bicycle Accident Lawsuit Loans in New York

A bicycle accident lawsuit loan is a form of pre-settlement funding provided to individuals who have been injured in a bicycle accident and have a pending lawsuit. This unique type of financial assistance is designed to help plaintiffs manage their day-to-day expenses while they await the resolution of their legal case.

The primary characteristic of these loans is that they are non-recourse advances. What does that mean? It implies that you only repay the loan if you win your case. If, for any reason, you do not win your case, there’s no need to repay the advance. Essentially, a Bicycle Accident Lawsuit Loan is an advance on your potential settlement.

Many people confuse it with traditional borrowing practices, but a Bicycle Accident Lawsuit Loan bears no resemblance to a conventional loan. It’s more a cash advance from against your future potential settlement. This kind of arrangement helps to ease the financial burden that often comes with lengthy legal proceedings and helps keep plaintiffs afloat financially while their case is being resolved.

How Lawsuit Loans Work

Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.

Telephone Icon - Starting the process is easy, just apply online or call toll free

Apply Online or Call Toll-Free

Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

Review Icon - We quickly review your legal case.

We Review Your Case

Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

You Receive Funds

You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.

Key Information About Car Accident Loans in New York

If you’ve been involved in a car accident in New York and find yourself in need of immediate financial help, consider We offer pre-settlement loans to plaintiffs waiting for their case resolution. Here, we provide some key data related to car accident loans in the state of New York:

Average car accident loan amount by in New York $17,713.29
Largest car accident loan by in New York $191,721.27
Average interest rate in New York 20.6%
Median personal injury verdict in New York $287,628.00
New York statute of limitations 3 Years; Civil Practice Laws and Rules Art. 2 Section 214
New York fault laws New York is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident.

Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

Am I Eligible for a Bicycle Accident Loan in New York?

If you’ve had a bicycle accident in New York, you might be wondering if you can get a lawsuit loan. To clarify, here are the basic eligibility criteria:

  • First, you should have a valid legal claim against an insurance company or self-insured entity.
  • Second, you must have hired an attorney on a contingency basis. This means your attorney only gets paid if your case is won.
  • Lastly, you need to be at least 18 years old.

These are the primary eligibility requirements for a bicycle accident lawsuit loan from For more details and to get started with your application, visit funding application.

Get an Instant Quote

Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.

Advance Amount:

Months Until Settlement:


Total Cost

Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.


Your Savings

Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.


Percent Savings

Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

Bike Accident Loan Process in New York

If you were hurt in a bike accident, a lawsuit loan can help you financially during the case. At, we make the process easy and straightforward. In five simple steps, you can acquire the funding you need while you wait for your legal case to resolve.

  1. Apply online: This is the first step in receiving a lawsuit loan. Fill out an online application at our funding application page.
  2. We contact your law firm: After we get your application, we reach out to your law firm. We gather details about your case to further understand your situation.
  3. We review your case: Our experts examine the details of your case. We consider its potential outcome and value. Your attorney plays a key role in this step.
  4. You sign a contract: Once the review is complete and if you’re approved, you will sign a contract. This agrees to repay the loan from your settlement proceeds.
  5. You get funds: After signing the contract, funds are transferred to your bank account. You can use these funds to cover any immediate needs.

Let’s consider an example scenario. Jenny, a New Yorker, was injured in a bike accident caused by a reckless car driver. She sought legal help and decided to sue the driver. However, due to injuries and legal fees, she was facing financial stress. That’s when she found She applied online, and we contacted her law firm. After examining her case carefully, we approved her for a loan. Jenny signed the contract, and soon the funds were in her account. This eased her financial burden while she waited for her case to settle.

In conclusion, provides quick and straightforward lawsuit loans – a lifeline when dealing with legal stress and financial uncertainty.

Get Started

Apply today and get funds in as little as 24 hours!

Types of Bike Accident Claims in New York

Bike accidents take many forms and can often lead to serious injury and legal disputes. In New York, there are several common types of bike accident claims.

The first type of bike accident claim usually involves a collision with a motor vehicle. This could be a car not noticing a cyclist on the road resulting in a head-on or side-impact collision. The motorist may be held responsible if they were negligent in their driving.

Dooring accidents occur when a parked car opens its door into a cyclist’s path. Despite being stationary, the car’s occupant may still be liable for any resulting injuries.

A cyclist could also be injured due to poor road conditions such as potholes or obstructive debris. In such cases, the claim might be against a local council or state agency for not maintaining road safety.

On bike path crashes involve collisions with other cyclists, pedestrians, or fixed objects. Fault can depend on whether anyone involved breached normal codes of conduct or traffic rules.

New York operates under comparative negligence law. This means that even if you as the cyclist are partly to blame for the accident, you can still claim damages. The final compensation will just be reduced by your percentage of fault.

It is always advisable to consult with a professional attorney to ensure you fully understand the implications of the laws in your particular situation. Remember, stands ready to assist you with funding while you await your legal resolution.

How Much Money Can I Get From my Bike Accident Pre-settlement Loan?

Lawsuit loans from can range from $500 to over $1,000,000. For cases that are still in progress, we can provide up to a maximum of 25% of your expected portion of the settlement. For cases that have already been settled, we can offer half or 50% of your expected portion of the settlement.

To shed light on the concept, let’s take an example of a plaintiff from New York. This person is involved in a bike accident case estimated to settle at $750,000. The case is yet to be completed and is expected to take some time for settling. In most scenarios, medical providers usually get around 1/3rd of the settlement amount, and another third goes to the attorney. As a result, the plaintiff would likely receive around $250,000.

In this case, can advance approximately 25% of that amount. This means that they can expect to receive a pre-settlement fund of about $52,500.

Get $500 – $500,000 in as Little as a Single Business Day!

We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.

Roadway Accident Cases we Fund in New York

We fund almost any type of roadway accident in New York. Here are some examples:

Major Cities we Serve in New York is proud to provide pre-settlement funding to plaintiffs in various legal cases. We service all cities across New York and nationwide. Here are the top 10 cities in New York by population that we serve.

  • New York City
  • Buffalo
  • Rochester
  • Yonkers
  • Syracuse
  • Albany
  • New Rochelle
  • Mount Vernon
  • Schenectady
  • Utica

No matter where you are located in New York or nationwide, we are here to support your legal journey with financial tools. To apply for a lawsuit loan and get the funds you need as you wait for your case to resolve, visit our funding application page or call us toll free at (800) 340-4973.

Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

New York Bike Accident Funding FAQs

In New York, many residents frequently have questions about bike accident lawsuit funding. This section will answer some of the most common queries:

How much does it cost to get a bike accident lawsuit loan?

The cost for a bike accident lawsuit loan varies based on the details of your case. Be assured that at, we offer competitive rates and transparent terms. For a detailed estimation, feel free to contact us at our toll-free phone number (800) 340-4973 or through our online funding application.

Do I qualify for a lawsuit loan on my bike accident case?

To qualify for a lawsuit loan, you would need an active personal injury case related to a bike accident. You should also have a lawyer representing you. Furthermore, the potential payout from your case must be substantial enough to cover the lawsuit loan repayment.

Can you get a loan on a bike accident settlement?

Yes, you can get a loan on a bike accident settlement. provides pre-settlement funding, which is essentially a loan that is repaid from your eventual settlement. This money can help cover your living costs while you wait for your case to resolve.

Cities we Service in New York provides funding throughout New York. See more about our funding in New York by visiting the city pages below:

Get Started

Apply today and get funds in as little as 24 hours!

Other Cases we Fund in New York provides funding for various personal injury and roadway accident cases in New York. Read more about the personal injury cases we fund in New York here:

Read more about the roadway accident claims we fund in New York here:

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