Arizona Commercial Vehicle 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 Commercial Vehicle Accident Loans in Arizona
A car accident loan, often referred to as pre-settlement funding, is a financial lifeline provided to plaintiffs who have been involved in a motor vehicle accident. Mainly aimed at supporting those who are in financial distress due to their situation, these loans play a crucial role in assisting individuals to stay afloat financially while waiting for their legal case to settle.
Unlike traditional loans, car accident loans are non-recourse advances. This implies that the loan amount is only repaid if and when the plaintiff receives a settlement from their car accident lawsuit. If for any reason the case does not resolve in favor of the plaintiff, the advance does not need to be repaid. Hence, the risk is shared with LawsuitLoans.io, which provides them with peace of mind during a stressful time.
To avail of this financial support, the first step is to fill out an application located at LawsuitLoans.io funding application. Once the application has been assessed and approved, the funds are then transferred directly to the plaintiff. It’s a simple process designed to relieve the financial burden and help individuals reclaim their lives post-accident.
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 Arizona
If an accident has disrupted your life, and if you are still waiting for your settlement to come through, a car accident loan in Arizona can provide crucial financial support. Here is some important information about car accident loans in LawsuitLoans.io’s experience in Arizona:
| Average car accident loan amount by LawsuitLoans.io in Arizona | $25,290.00 |
| Largest car accident loan by LawsuitLoans.io in Arizona | $44,940.00 |
| Average interest rate in Arizona | 18.1% |
| Median personal injury verdict in Arizona | $5,000 to $80,000 |
| Arizona statute of limitations | 2 Years; Arizona Revised Statutes Section 12-542 |
| Arizona fault laws | Arizona is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
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 LawsuitLoans.io. 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:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
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.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Commercial Vehicle Accident Loan in Arizona?
If you have had a car accident, you may wonder if you are eligible for a lawsuit loan. Lawsuit loans are available to help plaintiffs with ongoing legal claims. Some common types are personal injury and workplace accident claims.
In the case of car accidents, these are often considered commercial vehicle accident claims. This is because there is usually a high insurance policy or self-insured entity involved. In other words, the costs associated with the accident are covered by an insurer or the at-fault party.
To be eligible for a commercial vehicle accident loan in Arizona, you need to meet two main criteria. First, you must have hired an attorney on a contingency basis. This means that your attorney agrees to get paid only if your claim is successful. The second requirement is that you must be at least 18 years old.
If you meet these criteria, you might be eligible for a lawsuit loan. To find out more, visit LawsuitLoans.io or call their toll free number (800) 340-4973.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io offers lawsuit loans that can vary in amount from $500 to over $1,000,000. The exact amount we are able to advance depends on the expected outcome of your case. If your case is still ongoing, we can comfortably provide up to 25% of what you are likely to receive in the settlement.
Let’s look at an example. Suppose a plaintiff from Arizona is involved in a commercial vehicle accident case that has an estimated worth of $500,000. The case isn’t settled yet and won’t be for some time. Here, medical providers usually take about a third of the settlement, another third goes to the attorney and the plaintiff ends up with around $170,000. In a scenario like this, we could advance up to 25% of the plaintiff’s share. That would amount to approximately $42,500.
If a case is already settled, LawsuitLoans.io is able to provide as much as 50% of the expected portion of the settlement. The aim of this approach is to ensure that we are providing financial assistance in a manner that best suits the financial needs of our clients during the waiting period for their legal settlement to resolve.
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Apply today and get funds in as little as 24 hours!
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Arizona?
There are various types of commercial vehicles that are commonly involved in cases that we fund at LawsuitLoans.io. In Arizona, some of these commercial vehicles include:
Semi-Trucks
Semi-trucks, also known as 18-wheelers or tractor trailers, are often associated with serious accidents due to their immense size and weight. Accidents involving semi-trucks can result in significant damages and injuries.
Commercial Vans
Commercial vans such as cargo vans or delivery vans may also be involved in accidents. These vehicles are used for a variety of businesses and their constant presence on the roads increases their potential for accidents.
Buses
This includes school buses, shuttle buses, and tour buses. Due to the large number of passengers they carry and their size, accidents involving buses can lead to severe injuries and even fatalities.
Taxis and Ride-Share Vehicles
Taxis and ride-share vehicles like Uber and Lyft are constantly on the move, picking up and dropping off passengers. The high mileage and time on the road increases the risks of accidents.
While many of our funded cases nationwide involve accidents with these types of commercial vehicles, it’s worth mentioning that we also fund car accident claims involving any type of vehicle, whether privately or commercially used. Whatever your situation, feel free to reach out and apply for funding.
Roadway Accident Cases we Fund in Arizona
At LawsuitLoans.io, we provide funding for a wide range of roadway accidents in Arizona. Whether you’re a pedestrian, a cyclist, or a driver, our pre-settlement funding is available to help support your financial needs as you await the resolution of your case. Check out the types of roadway accident cases we often fund:
- Bicycle Accident Loans: We fund cases involving bicycle accidents. Your safety on the road matters to us.
- Car Accident Loans: Got involved in a car accident? We’re here to support your legal fight.
- Commercial Vehicle Accident Loans: Accidents involving commercial vehicles are complex. We assist with funding while your case is ongoing.
- Semi Truck Accident Loans: If you’ve been affected by a semi-truck collision, we can help provide immediate funds.
- Government Vehicle Accident Loans: Suffering after an accident with a government vehicle? We’re here to support you financially through your case.
- Motorcycle Accident Loans: We provide funding for motorcycle accidents, helping you manage your expenses while awaiting settlement.
- Pedestrian Accident Loans: Pedestrian safety matters. In case of accidents, we’re here to help with lawsuit loans.
- Rideshare Accident Loans: Rideshare accidents can be stressful and legally complex. We offer funding to help manage your financial needs during your ongoing case.
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.
Other Cases we Fund in Arizona
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Arizona. Read more about the personal injury cases we fund in Arizona here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Arizona here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in Arizona?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Arizona.