Washington Commercial Vehicle Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Commercial Vehicle Accident Loans in Washington
If you’ve been involved in a car accident and filed a legal claim, you might find yourself needing financial aid. This is where commercial vehicle accident loans step in. These are funds provided to plaintiffs who anticipate receiving a settlement from their case but require financial assistance while they wait.
Commercial vehicle accident loans, also called non-recourse advance funding, closely resemble a loan in many ways, yet it has key differences. Essentially, this is an advance payment on your potential car accident settlement. Meaning, you receive the funds now, to help cover expenses while your case is pending, and then repay the amount once your case settles.
However, what makes these ‘loans’ different and more favorable is their non-recourse status. Non-recourse means that the loan repayment is entirely dependent on the outcome of your case. If you win or settle the case, you repay the loan. But, if unfortunately, the case does not result in your favor, no repayment is required. In simple terms, only if you win, you’d need to pay back.
This structure ensures that you, as a plaintiff, do not have to fear taking additional financial burdens during this already challenging time. With commercial vehicle accident loans, you can comfortably focus on your recovery and legal case.
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.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
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 Washington
Car accident loans can be a lifeline if you’re in the midst of a legal claim in Washington. Here, we’ve compiled some key data for you to understand the landscape of such loans, including the average loan amount, interest rate, and more. Check out the table for a deeper insight.
|Average car accident loan amount by LawsuitLoans.io in Washington||$7,856.81|
|Largest car accident loan by LawsuitLoans.io in Washington||$55,380.00|
|Average interest rate in Washington||21.1%|
|Median personal injury verdict in Washington||$8,900 to $78,000|
|Washington statute of limitations||3 Years; Title 4 Ch. 16 Section 4.16.080|
|Washington fault laws||Washington is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Am I Eligible for a Commercial Vehicle Accident Loan in Washington?
If you’ve been involved in a car accident and are considering pursuing litigation, you may also be considering a lawsuit loan. But are you eligible? Let’s break down the basic eligibility requirements.
In the case of commercial vehicle accidents – which involve high insurance policies or self-insured entities -, there are two main eligibility criteria that need to be met:
- You have hired an attorney on a contingency basis. In other words, your lawyer only gets paid if you win your case.
- You are at least 18 years old. Lawsuit loans are legal financial agreements, so you must be an adult to enter into one.
These are the basic criteria. Even if you meet these requirements, it’s always best to call us at (866) 594-1343 or fill out your application on LawsuitLoans.io funding application to get a detailed view of your eligibility.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Commercial Vehicle accident loan process in Washington
If you’re a plaintiff in a commercial vehicle accident in Washington, you might be eligible for a lawsuit loan. The process is quite forthright and involves the following steps:
- Apply online: The first step includes applying for a commercial vehicle accident loan on our website. You can complete this action by using our online application form at the LawsuitLoans.io funding application.
- We contact your law firm: Once you submit your application, we get in touch with your legal team to discuss your case in more detail.
- We review your case: At LawsuitLoans.io, we perform a detailed inspection of your case to determine if it meets our funding requirements.
- You sign a contract: If your case fulfills our criteria, we’ll provide you with a contract to sign. This contract outlines the terms and conditions associated with the lawsuit loan.
- You get funds: Upon approval, funds are directly transferred into your bank account. This money can then be used to cover medical bills, living expenses, or any other costs you may have.
Let’s consider an example. John, a man from Washington, was injured in a commercial vehicle accident. Unable to work and piled with rising medical bills, he was feeling the pressure. That’s when he stumbled upon LawsuitLoans.io. After applying online, his law firm provided us with all the required case details. On finding merit in his claim, a contract was signed and funds were sent directly to his account, providing him with the financial relief he needed.
Apply today and get funds as soon as the same day you apply!
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. These figures are not set in stone and can change depending on the specific details of your case. For lawsuits that are still in progress, we can advance up to a maximum of 25% of your expected portion of the settlement. If your case has already been settled, we can offer up to 50% of your expected share.
Let’s take an example. Assume you’re a plaintiff in Washington who was involved in a commercial vehicle accident. Your claim has an estimated value of $500,000. However, the case is far from being resolved. In such cases, medical providers typically receive about 1/3 of the settlement. The attorney gets another 1/3. This leaves you, the plaintiff, with approximately $170,000.
In this scenario, LawsuitLoans.io could potentially advance you about 25% of your share, or $42,500. This financial aid could be instrumental in helping you handle personal expenses while you await the conclusion of your lawsuit.
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Washington?
There are various types of commercial vehicles on Washington’s roads. These vehicles are often involved in accident cases that we fund. However, it’s important to note that our funding does not limit to claims involving these vehicles alone. We fund car accident cases concerning any privately or commercially used vehicle nationwide. Below are several common types of commercial vehicles:
- Semi-Trucks: Also known as 18-wheelers or tractor-trailers. They are large and heavy, making them a frequent contributor to road accidents.
- Delivery Vans: These vehicles are often on the road for long hours, delivering goods. The demanding schedules can lead to driver fatigue, increasing the risk of accidents.
- Bus: This includes city buses, school buses, and private coaches. Accidents involving buses can result in multiple passenger injuries.
- Taxis and Rideshare Cars: In the hustle and bustle of moving people around, these vehicles often get into crashes, leading to claims.
Whether you’ve been involved in an accident with a taxi or a semi-truck, we’re here to provide you with the pre-settlement funding you need. You don’t have to wait for your case settlement. Visit our website at LawsuitLoans.io or call us toll-free at (866) 594-1343. Our application is found at LawsuitLoans.io funding application.
Get $500 – $100,000 as soon as today
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 day you apply with us.
Major Cities we Serve in Washington
LawsuitLoans.io is committed to providing pre-settlement funding in all cities across the state of Washington. Below, we have listed the top 10 cities by population for your reference:
- Federal Way
Please note that regardless of your location within Washington or any other state, LawsuitLoans.io’s services are available to you. For more information, visit our website or call us at (866) 594-1343. You can also directly apply for funding via our online application form.
Roadway Accident Cases we Fund in Washington
We fund almost any type of roadway accident in Washington. Here are some examples:
- Bicycle Accident Loans: We offer funding for bicycle accident cases. If you got into an accident while biking, you can apply for a loan.
- Car Accident Loans: Car accidents often lead to serious injuries and legal claims. We provide pre-settlement funding for car accident cases.
- Commercial Vehicle Accident Loans: Accidents involving commercial vehicles can have major impact. We fund these types of claims as well.
- Semi Truck Accident Loans: Those hurt in accidents involving semi-trucks can also seek funding through us.
- Government Vehicle Accident Loans: We can help if you’re involved in an accident with a government vehicle.
- Motorcycle Accident Loans: Motorcycle accidents oftentimes lead to serious injuries. We offer help with funding these claims as well.
- Pedestrian Accident Loans: As a pedestrian hit by a vehicle, you may demand compensation. We can assist with pre-settlement funding.
- Rideshare Accident Loans: Were you harmed in a rideshare accident? We offer loans to help you while your case gets resolved.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Washington Commercial Vehicle Accident Funding FAQs
If you live in Washington State and have been in a commercial vehicle accident, you probably have many questions about lawsuit funding. Here are some Frequently Asked Questions we receive from Washington residents along with our responses.
Q1: How much does it cost to get a commercial vehicle accident lawsuit loan?
At LawsuitLoans.io, we pride ourselves on our transparency. Costs vary based on the specifics of your accident case and its potential settlement value. Our team will provide a detailed breakdown of possible costs when you apply.
Q2: Do I qualify for a lawsuit loan on my commercial vehicle accident case?
Qualifying for a lawsuit loan depends on the details of your case. This includes liability, damages, and insurance coverage. To find out if you qualify, you must submit an application on our website at LawsuitLoans.io funding application.
Q3: Can you get a loan on a commercial vehicle accident settlement?
Yes, you can get a pre-settlement funding from LawsuitLoans.io on your commercial vehicle accident case. The funding is not a traditional loan but an advance on your future potential settlement while you wait for your case to resolve.