What is a divorce settlement loan?

A divorce settlement loan is a type of loan that can be used to help individuals going through a divorce to pay for legal fees and living expenses during the divorce process. These loans are typically secured against the future settlement or judgment of the divorce, which means that the borrower will receive the loan upfront and repay it once the settlement or judgment is finalised.

Divorce can be a costly and emotionally draining process, and many individuals may struggle to cover the expenses associated with legal fees, living expenses, and other costs. A divorce settlement loan can provide a much-needed financial lifeline, allowing individuals to focus on the divorce process without worrying about money.

At Mercantile Trust, we always aim to support our clients through tough financial circumstances. Our priority is you and we will work as quickly as possible to get the loan you need. If you are interested in a divorce settlement loan, call our freephone number above today.

What are the benefits of a divorce settlement loan?

One of the key benefits of a divorce settlement loan is that it provides immediate access to cash. This can be particularly helpful if the divorce process is taking a long time, and the individual needs money to cover living expenses or legal fees.

Another benefit of a divorce settlement loan is that it can help to level the playing field between divorcing spouses. In many cases, one spouse may have more financial resources than the other, which can put the other spouse at a disadvantage during the divorce process. A divorce settlement loan can provide the necessary funds to help the disadvantaged spouse cover legal fees and other expenses, ensuring that they are able to pursue a fair and equitable settlement.

What should be considered before taking out a divorce settlement loan?

It is important to carefully consider the costs and risks associated with a divorce settlement loan before taking one out. These loans can come with high interest rates, which can add up quickly over time. It is important to be sure that you are able to cover these costs. Additionally, if the final settlement or judgment is lower than expected, the borrower may be left with a significant amount of debt that they are unable to repay.

At Mercantile Trust, our customers are at the forefront of our organisation. We always aim to find the best-suited loan for your financial circumstances. Plus, we are a direct lender so there are no hidden broker fees (lender fees apply).

Enquiring is easy

It takes 30 seconds.

Simply fill out the form above, or call us to discuss your needs now.

Our team of experts are there for you.

You'll deal with the same experienced advisor throughout your enquiry.

We can get you the funds you need, fast.

You could get a lending decision in just one call.

Our flexible approach


We are proud to be a lender who can deliver loans at a fast approach, to consumers. We make this possible by carrying out our own legal checks, in house for loans under 100k, within hours. We can offer automated valuations, which are available to produce financial solutions in an instant.

Mercantile Trust regularly help their customers carry out renovations with heavy refurbishment loans, by providing finance fast.

No minimum income

At Mercantile Trust, we put our customers at the forefront of what we do.

We offer top slicing, where we can use your personal income when carrying out affordability calculations. If your rental income does not cover your mortgage repayments, we will top up the remaining amount that you cannot cover so you are able to get the loan you require.

No Exit Fees

We want you to be in control of your finance.
With no early repayment or exit fees, Mercantile Trust will strive to find a loan to meet your financial requirements.

How are divorce settlement loans useful?

In conclusion, a divorce settlement loan can be a helpful tool for individuals going through a divorce who need financial assistance. However, it is important to carefully consider the costs and risks associated with these loans and to work with a reputable lender. By doing so, individuals can receive the funding they need to navigate the divorce process with greater ease and confidence.

Our bridging loan criteria

We aim to help absolutely everyone, however there are certain criteria that must be met in order to make a successful application:

  • Unregulated bridging applications only
  • Rates from 0.99%
  • Up to 75% loan to value
  • Most property constructions accepted
  • No personal income requirement
  • No exit fees
  • Minimum property value £75k
  • Minimum advance £25k max £500k
  • Confirmation of exit required
  • Minimum of one buy to let or residential property required
  • Serviced and rolled interest available
  • No ERC (Early Repayment Charge)
  • First and second charge available