Seahold Legal Finance

Avg. Rating: 5.0 (1 review)

Seahold Legal Finance is based in Moncton and was established in 2000.The firm’s philosophy is based on the merits of “access to justice” – providing personal injury plaintiffs with the financial support required through the legal process. If you are being forced to settle your personal injury claim prematurely or are continually pressured due to financial stress, they can provide settlement loans to better support you, while you wait for your claim to move through the legal process.

  • TIME IN BUSINESS: Since 2000
  • # OF CUSTOMERS: Thousands
  • LOANS OFFERED: Accident Loans, Lawsuit Loans, Settlement Loans, Litigation Loans, Litigation Lending, Personal Injury Loans, Personal Injury Funding, Personal Injury Advances, Settlement Advances, Settlement Financing, Pre-settlement Loans. Providing litigation financing solutions for the Canadian market.
Visit Site & Apply

1-888-285-7333

seahold@seahold.ca 500 St. George Street Moncton, New Brunswick E1C 1Y3
Call Center: Monday-Friday: 9:00am - 5:00pm AST
Support Offered:
  • Email Support
  • Phone Support
  • FAQs
  • Calculator
Availability: Alberta, British Columbia, Ontario, New Brunswick, Prince Edward Island, Newfoundland, Nova Scotia

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate:

  • Lump Sum Loan: 28.80% annual interest rate, compounding monthly. No administration fee

Amount:

  • $1,000 minimum loan amount

Term

  • No payment until the completion of the settlement

Eligibility & Documents

Who is eligible:

  • Must have engaged a personal injury lawyer for your claim.

What you need to provide:

  • 2 pieces of government ID.
  • Banking information.
  • Completion of the application form by you and your lawyer.
  • Case productions/files from your lawyer, if requested.

Repayment & Issuance

How fast can you get the money:

  • Within 48 hours (if claim is suitable, based on Seahold Legal Finance’s lending protocol)

Funding method

  • EFT

How does repayment work

  • Based on the agreement, the payment comes from the lawyer’s in-trust account after the successful outcome of the case

Frequently Asked Questions About Seahold Legal Finance

What is Seahold Legal Finance?

Seahold Legal Finance is a provider of plaintiff financing to personal injury clients, located in Moncton, Canada.

What does Seahold Legal Finance do?

Seahold Legal Finance offers settlement lending to its customers along with litigation loans and financial services.

Is Seahold Legal Finance safe?

Seahold Legal Finance is one of the most experienced and most trusted personal injury lending companies in Canada. They are proudly 100% Canadian owned and operated. They've been in business since 2000 and have thousands of customers.

Who can Seahold Legal Finance help?

If you’re being forced to settle your personal injury claim prematurely or are continually pressured due to financial stress, Seahold Legal Finance can provide you with a loan.

How does Seahold Legal Finance work?

You can call Seahold Legal Finance directly so they can complete the application form. Or, if you and your lawyer choose, they can contact Seahold Legal Finance. A brief conversation with your lawyer will allow them to make a loan decision. Then they have you sign the documents and they forward them to your lawyer. They then bank transfer the funds overnight directly to you or your lawyer.

What are Seahold Legal Finance's fees?

At Seahold, they help you meet your financial obligations so you receive the settlement you deserve. You never have to pay any administration fees, unlike other lending companies.

How will I receive my loan funds?

If approved, Seahold loans are delivered by direct bank transfer as quickly as within the first 48 hours of approval if claim is suitable, based on Seahold Legal Finance's lending protocol.

What types of loans does Seahold offer?

Seahold offers what is called plaintiff financing. If you are waiting for a settlement on a legal claim but finances are getting tight, they can provide financial relief while you wait for your settlement.

What are the interest rates?

The annual interest rate is 28.8% (2.4% per month) calculated and compounded monthly from the date of advance until the date of payment in full, together with interest on unpaid interest at the same rate and on the same terms. This results in an effective rate of 32.923% per annum.

What are the eligibility requirements for a Seahold Legal Finance Loan

To be eligible for a loan you must have retained counsel for your claim.

Seahold Legal Finance Reviews

Avg. Rating: 5.0 (1 review)
Good company

I had a good experience with Seahold, my case settled pretty quickly though.

Gordon

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