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Setting the Standard
Established in 1998 as a licensed finance company, Preferred Capital
specializes in personal injury loans and workers compensation loans for victims
whose claims have not been resolved as well as cases that have recently
settled. Our goal is to assist these individuals in meeting their daily living
expenses while awaiting resolution of their claims. Preferred Capital provides
loans to clients of some of the most successful and prominent personal injury
firms.
Preferred Capital Lending is licensed by the Illinois Department of Financial
Institutions.
Choose Preferred Capital
As a licensed finance company, Preferred Capital complies with all lending
laws, including, providing your clients with all disclosures required under the
Federal Truth in Lending Act. Unlicensed companies generally fail to comply
with Lending Laws, and at least one appellate court has found these companies'
advances violate state usury laws. Using an unlicensed company puts the client
at risk of entering into an illegal transaction.
Insurers often exploit your clients pressing need for money by trying to settle
their valuable claims for less than their actual worth. Preferred Capital
provides personal injury loans and workers compensation loans to victims so
that they are able to meet their many financial burdens. This allows your
clients to fully prosecute their claims for the best possible result, and to
forgo inadequate settlement offers.
We Can Help
Removing financial pressures caused by lengthy litigation not only allows you
to work on maximizing recovery, but also improves the litigation experience for
your client. Phone calls are reduced and your focus can stay on the case rather
than your clients' Financial worries.
Why do attorneys recommend their clients to Preferred Capital Lending?
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Reduces Client phone calls - the vast majority of client phone calls are for
settlement status (i.e. "How much longer will my case take - I need money!").
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Client's medical bills paid prior to trial - to expedite admission at trial.
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Can relieve financial burden on attorney. On large cases, the attorney may have
the client use PCL to fund the high cost of experts and other file expenses,
thereby allowing the case to be worked up as it should and not on a tight
budget.
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What can be more frustrating than settling a case and having to wait for the
check? We offer special rates on loans for settled cases.
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Even successful attorneys get into a cash crunch and need a quick lawsuit loan.
We can usually provide funding within 24 hours without financials.
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Lawsuit loans can conveniently be closed at the attorney's office or at PCL
offices.
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Illinois
Preferred Capital Lending, Inc.
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Missouri
Preferred Capital Lending-Missouri, LLC
A Division of Preferred Capital Lending, Inc.
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Nevada
Preferred Capital Lending-Nevada, LLC
A Division of Preferred Capital Lending, Inc.
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Preferred Capital Lending is the first
and largest Licensed Financial Company in Illinois. Preferred
Capital provides immediate loans to both attorneys and their
clients with personal injury cases pending.
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This process is simple, fast and free to apply.
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