Who Can Apply for a Loan?
If you have been injured as a result of an auto accident, slip or fall, medical malpractice, product liability or related incident, or have an outstanding long-term disability claim, and you are already represented by a lawyer, you may qualify for a loan under our plaintiff loan program.

How much can I borrow?
We generally lend up to 10% of our conservatively estimated 'value' of a claim. Our minimum loan size is $5,000 up to a maximum of $100,000 per borrower. The loan amount can be provided in stages over time.

How long will it take for me to access the funds?
Once we receive the requested materials from your lawyer, we can generally approve a loan within 24 - 48 hours and the funds can then be directly deposited into your bank account or sent to you by couriered cheque.

When and how does the loan get repaid?
No payments of interest or principal are required until your claim is resolved, at which time the loan becomes due in full. Your lawyer will advise us at that time, and will repay the loan on your behalf from your settlement proceeds after legal fees, expenses, and applicable taxes from your case are paid.

Can I repay the loan before my case settles?
Yes. We do have a minimum 6 month term for our loans, but otherwise our borrowers are welcome to prepay any or all of their loan without penalty at any time.

Is the decision-making process based on my credit history or income?
No. BridgePoint does not perform credit checks on its prospective borrowers and bases its lending decisions solely on the merits of an applicant's legal claim.

Does my lawyer need to guarantee the loan?
No. While we do require your lawyer to provide us with some of your case file materials (with your authorization), we base our lending decisions solely on our independent review of your case. Your lawyer is completely independent from our lending evaluation process.