What is Bridging Finance?
Bridging finance, in the context of RAF claims, is a short-term funding option designed to alleviate financial burdens faced by claimants during the waiting period after settling their RAF claims.
When a claimant wins their case and receives a court order or settlement letter, they often have to wait for an extended period before receiving their settlement amount. This delay can lead to financial constraints, especially when claimants need funds for pressing needs, legal fees, or other essential expenses.
how should you use Bridging Finance?
We understand that the time between filing a RAF claim and receiving the
settlement can be financially challenging for our clients. We actively
urge you to wait until your claim has paid out, but if you are in dire
straights and have no other option, be sure to choose a reputable and
responsible bridging finance company that can assist you with this
process.
These reputable institutions understand the unique circumstances of RAF
claims and are committed to assisting our clients with flexibly and
responsible financing options.
Rest assured that the relationship between our law firm and these
financial institutions is solely aimed at providing you with the best
possible resources during your RAF claim process. We do not benefit
financially from this referral; our focus is solely on helping you
access the support you need during this challenging time.