Seahold offers what is called plaintiff financing. If you are waiting for a settlement on a legal claim but finances are getting tight, we can provide financial relief while you wait for your settlement.
Our process is designed for simplicity and speed. Seahold has the fastest and easiest application process for personal injury loans. We fill out the paperwork and offer same day approvals. It’s one less thing for you to do.
The loans we offer are often referred to in many different ways. They can be commonly referred to as accident loans, lawsuit loans, settlement loans, litigation loans, litigation lending, personal injury loans, personal injury funding, personal injury advances, law firm loans, law firm financing, law firm funding, legal funding, legal loans, legal financing, disbursement loans, disbursement financing, disbursement funding, litigation funding, litigation financing, settlement advances, settlement financing or pre-settlement loans.
No, there are no additional or hidden fees.
Yes, you can make payments on your account at any point in time.
Yes, you may pay your account in full at any given time.
The financing helps you meet your financial obligations while your lawyer works to get you the settlement you deserve. Higher settlements normally far outweigh interest costs. The loans provide financial relief in difficult times so you don’t have to accept a settlement that is less than you deserve.
Seahold advances are delivered by direct bank transfer as quickly as within the first 24 hours of approval.
Seahold offers competitive interest rates. The interest rate on these loans is the same as is charged by national retail stores on their credit card accounts.
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.
We’re flexible depending on your needs. The loan can be advanced monthly to minimize your costs, or advanced as a lump sum.
Seahold has specialized in litigation lending for more than 15 years, as such we are the most experienced and most trusted personal injury lending company in Canada. We offer competitive interest rates and our process is designed for simplicity and speed.