Inheritance Loans

Are you a beneficiary and need cash now?

The legal process for distributing the assets of an estate can take months, sometimes even years. An inheritance loan from Settlement Lenders can help you pay for unexpected costs, estate debts, unpaid bills or general living expenses while the estate is finalized.

The process is simple. We take an assessment with you to gather the details of the estate and contact the estate lawyer for additional information and documents. We will review your file and a decision is made on the loan. We aim to have our clients funded within two business days!

There is no minimum or maximum amount that we can lend, but we do encourage clients to only borrow what they need.

Loan Chart

Inheritance
Loan Size No minimum
Interest Rate 19.95% per year, compounded monthly for the first year. 29.95%, compounded monthly, for year two and on.
Payments None
Proof of Income Will
List of assets in estate
Credit check/collateral required None
Administration Fee Up to 20%

Frequently Asked Questions

We review your completed application as soon as possible, and a decision is typically made within two business days.
No repayment is required until the estate is finalized and the estate lawyer is in receipt of the proceeds of the estate. However, you can repay the loan or make monthly payments at any time without penalties.
No! There is no minimum or maximum amount that we can lend, but we do encourage clients to only borrow what they need.

Contact Info

ADDRESS

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

CONTACT

WORKING HOURS

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

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