As an employee, getting injured on the job can be a stressful and overwhelming experience. Not only do you have to deal with physical pain and recovery, but you also have to navigate the complicated process of filing a worker’s compensation claim. And even after you’ve filed your claim, it can take months or even years to receive the compensation you’re entitled to. This is where non-recourse advances come in!

At Malibu Financial, we understand the financial strain that can come with a workplace injury. That’s why we offer non-recourse advances to help bridge the gap between filing your claim and receiving your compensation. But what exactly is a non-recourse advance, and how can it benefit you?

First, let’s define what a non-recourse advance is. Essentially, it’s a type of funding that is based on the expected settlement of your worker’s compensation claim. Unlike traditional loans, non-recourse advances do not require collateral or a credit check. Instead, the advance is repaid directly from your settlement once it’s received. This means that if your claim is unsuccessful, you don’t owe anything back.

So, what are the benefits of a non-recourse advance for worker’s compensation claims? For starters, it can provide you with much-needed financial relief during a difficult time. If you are struggling to keep up with rent, make credit card payments on time, or are falling behind on bills, then a non-recourse loan may be your solution.  

At Malibu Financial, we make the process of obtaining a non-recourse advance as simple and straightforward as possible. Our team of experienced advisors will work with you to determine the amount of funding you’re eligible for based on the expected settlement of your claim. We’ll also provide you with a clear understanding of the terms and conditions of the advance so you know exactly what to expect.

At Malibu Financial, we’re committed to helping our clients get the financial assistance they need during this difficult time. If you want to learn more about our non-recourse advances for your worker’s compensation claims, we encourage you to book a meeting with one of our advisors. We’ll work with you to determine if a non-recourse advance is the right option for you and provide you with the support you need to navigate through the process.

If you’re ready to discuss your non-recourse advance, Malibu Financial is here to help! Book a meeting with us to discuss your claim – many approved advances are paid within 24 hours.