Working with trusted mainstream and independent lenders, we can help to source finance to support your business in a variety of ways:
Every law firm needs sufficient IT and telephony infrastructure to help track the multitude of cases that come through its doors each day, however the funding isn't always immediately available to make this a reality. Secure borrowing against new business purchases by using asset finance and access the equipment you need without the burden of hefty upfront costs.
If you're struggling to deal with regular cash flow gaps caused by late or unpaid invoices then invoice discounting or invoice factoring could provide you with the perfect solution. Rather than waiting for your clients to settle their outstanding payments, your lender could advance you up to 95% of these balances in as little as 24 hours from approval.
Working capital finance can help support the daily running costs of your legal practice by providing a flexible loan which can be used for any business purpose. From utilities and rent to staff wages and tax bills, borrowing working capital has become one of the most popular funding options for law firms across the UK.