Washington 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 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 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.
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 (800) 340-4973 or fill out your application on LawsuitLoans.io funding application to get a detailed view of your eligibility.
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.
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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 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 (800) 340-4973. Our application is found at LawsuitLoans.io funding application.
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 $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 Washington
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Washington. Read more about the personal injury cases we fund in Washington 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 Washington here: