Settlement Loans

Car Crash. Need Cash?

Personal injury litigation can take much longer than most people appreciate, and we understand how emotionally and financially draining it is to wait for your claim to settle. If you need money for medical treatment or general living expenses while your lawyer fights for a fair settlement, we can help.

You are eligible to apply for a settlement loan if you have a lawyer and an ongoing claim, including:

Our Application Process



Fill out our loan application online. Our client service representatives are available to help you through the entire process.



Our team assesses your file to determine the appropriate loan solution. If more information is needed, we’ll be in touch.


Once approved, you and your lawyer sign the loan documents and we e-transfer the funds to your preferred financial institution.

Settlement Loans

Our Loans

We speak with your lawyer and review your case to assess your application. Our client service team can recommend a settlement loan solution that best meets your needs.

Lump-Sum Loan

Our Lump-Sum Loan solution allows you to access the full loan amount, for payment at one
time. There is no minimum or maximum amount, but we do encourage clients to only borrow
what they need.

Facility Loan

Our Facility Loan solution acts as a line of credit where interest only accrues on the amount advanced. We’ll approve the loan amount, allowing you to withdraw funds as needed. You may also choose to set up a monthly schedule for budgeting purposes.

Our Terms and Fees

Loan Chart

Frequently Asked Questions

Lump Sum Facility
Loan Size No minimum No minimum
Interest Rate 19.95% per year, compounded monthly for the first year. 29.95%, compounded monthly, for year two and on. 19.95% per year, compounded monthly for the first year. 29.95%, compounded monthly, for year two and on.
Payments None None
Proof of Income None None
Credit check/collateral required None None
Administration Fee Up to 20% Up to 20%
We review your completed application as soon as possible, and a decision is typically made within two business days.
No, your interest rate with Settlement Lenders will not change. The rate you start with is the one you maintain for the life of your settlement loan.
We can. Our approval process does not take your credit history into account.
Yes. We don’t require proof of employment and we don’t verify your household income.
You can. We do not ask for collateral on your loan because we base our approval process on your case and claim.
There is no application fee payable when applying. Once our team has determined that a loan can be advanced, an administration fee of up to 20 per cent will be required, depending on the type of loan you require.
We provide settlement financing to help you manage your short-term bills and ease the immediate financial stress you may be facing as a result of your injuries. We’re conservative lenders, and review each file to ensure that we don’t provide unnecessary advances that you may be able to finance through other sources.
You pay back your loan once you receive a personal injury award or settlement. Up until that point, Settlement Lenders does not require monthly or interim payments.

Absolutely. Our online application is safe and secure, and we do not share client information with third parties. Feel free to review our Privacy Policy and Terms of Use.

Our settlement loans are non-recourse, which means if you legitimately lose your case, you owe us nothing. We assume 100% of the risk.

Structured settlements were introduced by the Government of Canada, to invest settlement monies on behalf of those made vulnerable by injuries, in something that is not likely to be lost prematurely.

These settlements are available, upon the consent of the casualty insurance company or by court order, and are purchased by the casualty insurance company on behalf of the claimant. They are only available at the time of settlement. As they are non-assignable, non-commutable and non-transferable by law, Settlement Lenders cannot loan against these investments.

Contact Info


First Edmonton Place
10665 Jasper Avenue
14th Floor, Edmonton
Alberta T5J 3S9



Weekdays: 9:00 AM – 5:00 PM MST
Weekends: Closed

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