Providior will pay any disbursement that can be paid by EFT (electronic funds transfer). We do not place restrictions on which doctors or professionals you use, and there is no minimum payment amount. If a disbursement has been approved by you, we will process it. For disbursements that can’t be paid by EFT, request (through [...]
We provide our clients with regular Transaction and Loan Statements. Interim reports are readily available upon request – just talk to our friendly staff and we can help.
Let us know when a file is getting close to settlement and we will provide you with an accurate indication of the amount owing to Providior. When a file settles and you receive monies into your trust account, we will provide you with a Statement of Account (payable within 7 days).
As per the Loan Agreement that you sign with Providior (see below for more information), you are legally responsible to repay the outstanding amount (total disbursements funded plus interest accrued) irrespective of the outcome of the file. Our funding is not offered on a speculative basis.
The Loan Agreement sets out the basis on which we will fund disbursements for you. In particular, it will detail the facility type, amount approved, interest rate, establishment fee and term of the facility. The Loan Agreement is between Providior and your Firm. It is not between Providior and your client. You are legally responsible [...]
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