Clients
Clinical negligence
Novitas Loans has ceased lending to new customers.
We will continue to support our existing customers and will consider drawdowns against existing loan facilities. If you would like to discuss the status of your case, please contact your solicitor. If you would like to discuss your Novitas loan, please call us on 0333 321 6070.
No-win, no-fee
In the case of a successful claim, repayment is made from any award granted, while in the event of a loss, you have peace of mind that the loan is covered by insurance.
Straightforward, practical lending
- Convenient – funds are drawn down to cover legal costs as and when needed
- Empowering – enables access to a wider range of experts for your case
- Protected – includes insurance to cover repayment, even if the case is lost
How your loan works
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Application
If your solicitor believes a Novitas loan is appropriate for your circumstances, they'll submit an application to us on your behalf.
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Insurance
An insurance policy will be arranged for you which will repay the loan if your case is unsuccessful.
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Funds released
Your solicitor will draw down money from your loan to pay expenses related to your case. You’ll receive regular statements showing exactly what funds are being drawn.
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Repayment
If your case is successful your loan is repaid from your settlement and the remainder is passed to you. If your case is not successful your insurance policy covers the repayment and you do not pay anything.