Funding Solutions for Personal Injuries Law Firms.

Disbursement Funding at terms you can pass on to your clients.

We Help You Help Your Clients

We help our clients by being pragmatic, flexible, and by listening to their unique needs.

Disbursement Loans can be essential in ensuring that personal injury law firms can act on behalf of their clients and is most commonly used in class action litigation. For individual legal claims, Disbursement Funding is used to ensure claimants are not out of pocket, or further financially distressed, during the claims process.

For personal injuries law firms that enter into no win, no fee agreements with clients, engaging a third-party organisation (and in particular a non-bank lender) to provide outlays funding reduces stress on the law firm’s cashflow and allows them to use their capital for growing their business.

Funding legal disbursements for personal injuries law firms was at the heart of Providior’s inception in 2013. While we have grown to service all areas of legal practice, we continue to be at the forefront of outlays funding across Brisbane, Queensland and Australia. We have helped dozens of personal injuries law firms in your situation and have proudly watched them go from strength to strength.

Our clients are solicitors, financial controllers and practice directors.

At Providior, we understand that personal injuries law firms have a unique set of requirements that informs what outlays will be funded by claimants and how the financing costs are also borne by those claimants. We’ve provided personal injuries law firms with working capital, processed thousands of transactions on their behalf and paid hundreds of suppliers. Understanding that you need to keep reports coming in and claims moving, we offer same-day processing of your invoices, access to transparent reporting and practical reporting tools.

How Does Disbursement Funding Work?

A Disbursement Funding Loan enables you to access funds through your Solicitor, who can draw down funds on your behalf to pay for critical medical reports, valuations, expert reports, Court filing fees, and other legal expenses.

Why Disbursement Funding?

Disbursement funding is a straightforward solution with no hidden costs. This solution was created specifically for small-to-medium-sized personal injury law firms.

“The tools are fast, efficient and get my disbursements paid on time with excellent status reporting.”

“Providior has become integral to our cash flow management.”

“Just keep doing what you are doing.”

“They are fast, friendly and professional.”

Talk To Us

We’ve helped dozens of personal injuries law firms in your situation and have proudly watched them go from strength to strength. We’d love to help you too. Get in touch today to discuss your business and funding needs, and find out how we can positively impact your cashflow, profitability and growth.

    Disbursement Funding FAQs

    Disbursement Loans can be essential in ensuring that personal injury law firms can act on behalf of their clients and are most commonly used to assist cash flow and link outlays to incoming settlement funds. Disbursement Funding is used for individual legal claims to ensure claimants are not out of pocket, or further financially distressed, during the claims process.

    Objective assessment of the claim

    A Litigation Funder will only agree to fund a case if they believe it has a good chance of success, based on criteria including but not limited to: The strength of the case; The value of any potential claims; The estimated cost of running the case; and Whether or not the other side would be able to pay out if they lost.

    Removal or mitigation of financial risk

    There are a lot of risks that come with litigation, especially when it comes to finances. Thankfully, a Litigation Funder can help reduce these risks by agreeing to cover some or all of your costs. This way, even if your case doesn’t win in court, you usually don’t have to repay your Funder anything. Plus, if you have an indemnity in place as well, you could be shielded from having to pay your opponent’s fees too.

    If you have a pending personal injury case, you may be able to get pre-settlement funding, which is a cash advance on your future settlement.

    A pre-settlement lawsuit loan can provide much-needed financial assistance if you are having difficulty paying your legal fees or keeping up with bills while your case is pending.

    No, your lawyer cannot prevent you from taking out a pre-settlement loan. Since lenders can only get repaid if the plaintiff wins the case, they will not take the risk of lending to somebody without an lawyer.

    Ultimately, you have the final say in whether or not you want to apply for a lawsuit loan. That being said, it is in your best interest to listen to the advocation of your attorney.

    Lawsuits can be expensive and time-consuming—a loan can help ease the financial burden.

    If your case is strong, you can apply for a settlement loan to cover costs while you wait for your lawsuit to settle. 

    The amount you can receive varies, and is normally calculated as a percentage of the total value of the settlement, which is calculated taking into account aspects such as the nature of your injuries, the duration of the case, and any damages or insurance involved.

    Ultimately, the difference between disbursement funding and litigation funding comes down to risk profile.

    Disbursement funding, as the name suggests, only funds third-party costs (ie disbursements) of a personal injury matter that a law firm incurs on behalf of their clients. This includes the funding of medico-legal reports, radiology reports, court appearance and filing fees, barrister fees and all other expert reports/expert witness fees. Depending on the product, an interest rate and fee is charged with repayment of all delayed until term or until the matter settles whichever is first. Disbursement funders are not contingent on a successful outcome – repayment is required even if a case is unsuccessful.

    Litigation funding provides capital to claimants, law firms or companies secured solely by the future proceeds of their cases and legal claims. They fund a wider range of matter-related expenses. However, if a case is lost, repayment is not required  –  the litigation funder assumes that risk. Therefore, given the higher risk profile, rates and charges are higher for litigation funders than disbursement funders.