FAQs
About Providior
Who is Providior?
What does Providior do?
Why is there a need for a third-party organisation to provide specialist funding?
Why choose Providior?
Our Funding Process
What is disbursement funding?
What is personal injury disbursement funding?
What is the difference between legal fees and disbursements?
How do litigation funders get paid?
Does disbursement mean I get money?
What types of disbursements can I fund?
Is disbursement funding available on a contingency basis?
Can I defer the cost of Medico-legal reports?
What is a disbursement payment?
Is the funding agreement with the law firm or the claimant?
How long does an application take to have approved?
What will my funding limit be?
What documents does my client need to sign?
Is the interest rate fixed?
What happens if a matter settles early and the funding is repaid?
Do you offer pre-settlement advances to our clients (claimants)?
What is the interest rate?
Does Providior offer disbursement funding to firms in Queensland?
Does Providior offer disbursement funding to firms in New South Wales?
Does Providior offer disbursement funding to firms in Victoria?
Does Providior offer disbursement funding to firms in South Australia?
Does Providior offer disbursement funding to firms in Tasmania?
Does Providior offer disbursement funding to firms in Western Australia?
Does Providior offer disbursement funding to firms in the Northern Territory?
Does Providior offer disbursement funding to firms in the Australian Capital Territory (ACT)?
Are there any fees?
Do I need to provide a property as security/collateral for the funding facility?
Do I keep control of my matters?
How long are the funding terms/loan terms for?
What happens if the matter runs for more than 3 years?
Do you provide funding for medical negligence files?
Do you provide funding for institutional abuse files?
Do you provide funding for work injury damages files?
Do you provide funding for motor vehicle accident files?
Do you provide funding for public liability files?
Do you provide funding for dust diseases files?
Do you provide funding for coal mine injury files?
Do you provide funding for class actions?
Do you provide funding for professional negligence matters?
Is there a limit to how much I can fund/borrow on my disbursements?
Do you offer WIP funding?
Do you fund Barrister's fees on personal injury matters?
When does the funding need to be repaid?
What documentation is required for an application?
What ongoing reporting is required by the law firm?
Is interest charged during the life of the disbursement loan?
Why do I need to provide a personal/director's guarantee?
If I use Providior's disbursement funding, can I still choose which medico-legal and specialist providers I use?
Does Providior use an approved panel of experts/specialists and medico-legal providers?
Do I need to pay medico-legal or IME invoices first and then claim back the money?
Do I still pay the invoices then claim back the money from Providior?
Can Providior pay invoices on my behalf?
How long does it take for invoices to be processed?
How can I obtain a payout statement on a matter?
Is there a limit per lawyer that Providior will lend on disbursement funding?
I have a bank overdraft. Can I still use Providior's disbursement funding?
What happens if a matter fails?
Do you have a write-off facility?
