Our Loan Process

At Lawfunder, our loan process is fast and easy. We understand that compensation claims can take a long time to resolve. And we know that life doesn’t stop and wait until your claim is finished.

We know there are still bills to pay and while waiting on your settlement claim the financial pressure can be overwhelming. What this can potentially do is cause you to accept a sub-par or unfair settlement offer.

Taking out a loan with Lawfunder allows you to keep paying your bills while negotiating a fair settlement, rather than feeling pressured into accepting one that is too low.

To follow our loan process, simply apply online and complete the application in full. Our online calculator will display prior to you completing the application, so you know in advance what the fees and charges are.

	APPLY ONLINE You Select Online Loan Application or Apply Online (or Call if you have questions). You fill in the online loan application form. It is important to ensure that you complete the online application accurately. Details entered about your compensation claim will be checked with your lawyer for confirmation.
	WE REVIEW YOUR CASE We email you two documents: (1) your online application form; and (2) an authorisation form (addressed to your lawyer). You digitally sign the documents with a few mouse-clicks and they are automatically returned to us. We then work directly with your lawyer to understand your compensation claim and consider your loan request for approval.
	YOU GET YOUR CASH WITHIN 24 BUSINESS HOURS AFTER LOAN APPROVAL Once approved, we send you our loan agreement and other documents required by law. You sign the loan agreement and other necessary documents. We pay the funds into your bank account.
	REPAYMENT On finalisation of your legal claim, your lawyer repays us the loan amount in full, plus any fees, and interest from your compensation money received.