This is a regulated loan between your client and Novitas which can be used to cover the costs of clinical negligence proceedings.
The money is drawn down from the loan as it is needed and paid directly to your client account to reimburse you for costs associated with the case.
An Insurance Policy is in place from the start to cover Novitas in the event that the case is not successful. The Insurance Policy will be arranged between yourself and the Insurer.
You will have a dedicated online loan management system to administer the facility, where you can add new cases and draw down funds.
The scheme is only available to approved firms and Novitas will approve each individual client.