Taking on a clinical negligence claim can be daunting. But Novitas loans can help you feel confident about taking action by providing funding for the legal costs involved.
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
If your solicitor believes a Novitas loan is appropriate for your circumstances, they'll submit an application to us on your behalf.
An insurance policy will be arranged for you which will repay the loan if your case is unsuccessful.
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.
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.
Need help with your legal costs?
If you are interested in a Novitas loan please speak to your solicitor to make an application.