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FAQ’s

Frequently Asked Questions & Answers

What is Claims Funding?

Claims Funding is designed to strengthen a claims application and to give an individual access to financial resources to assist with personal and medical so that they can pursue access to justice which is a constitutional entitlement.

What is non-recourse?

What can the funding be used for?

How much funding can I apply for?

How much does Claims Funding Charge?

How much does the funding cost?

Do I have to repay the funding monthly?

How does the process work?

How long does it take to get funding approved?

How long does it take to get the funding?

Does every solicitor have access to the scheme?

Can I apply for funding if I am acting for myself?

What credit checks do you make?

What documents do I sign?

When can you call in the funding?

Can I change solicitor or stop proceedings?

How long do I have to repay the funding?

Can I repay the funding early?

I'm interested, what next?

How does the funding process work?

If a client requires funding they will need to contact us. Once we have captured their personal, claims and funding requirements the application will be provisionally assessed. It the case meets the criteria it is brokered with the funding companies. An in-house analyst will usually require additional information on the claim which can be provided by the solicitor in order to validate the merits of the case. Once a case is full assessed a decision is then made. If funding is offered the clients and solicitors will be required to sign funding applications and letters of authority. Once this has been completed and the cooling off period has passed the funds are advanced electronically.

How long does it take to get funding approved?

Do we have to prepare the legal agreements?

How much funding can be secured?

Where does the funding get sent to?

How much does the funding cost?

What types of claims can be funding be used for?

Do you need security for the funding?

Do you take an assignment of the proceeds of the claim?

Can the funding be used to pay for the solicitors’ fees and disbursements?

What credit checks do you do?

What happens if the client changes solicitors?

At what stage can funding be applied for?

Why Use Us?

Funding from €500 - €250,000+

Only Repay the funding if your claim is won

No repayments until claim is settled

Applications approved within days

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