LAW FIRM LOANS. ADVANCES FOR ATTORNEYS.
Get rid of the financial pressure and get funding for your law firm NOW.
Unlock intangible capital value for your legal practice with specialised law firm funding.
SPECIALIST LEGAL PRACTICE FUNDING
Law firm finance is available to your legal practice, whether you’re a small firm or multi-partner practice, your finance facility is tailored to your firm’s needs and client profile.
Our lenders understand the cyclical nature of your firm’s income.
Generally, banks do not look at non-fixed assets as security for law firm funding purposes. The good news is our lenders loans for attorneys enable legal practices to leverage their invoices, mandates, case files, pending matters and debtors, to secure finance for the following and more: acquisition of matters, costs to litigate onboard contingency matters, expanding staff, offices, new departments, cashflow to ensure tax payments, bonus pay outs, salaries and retainer fees.
Customised legal funding
Repayment holidays when needed
Competitive interest rates
Funding facilities for small and large law firms
How to secure a loan for a law firm:
- Submit your enquiry (see form at end of the page)
- A financial assessment is done
- A non-binding firm funding term sheet is presented
- A business loan for attorney is paid out once an agreement is signed
THE BELOW FORM ONLY APPLIES TO LAW FIRM FINANCE. PLEASE ONLY SUBMIT THE FORM ONCE AND CHECK YOUR INBOX FOR A CONFIRMATION EMAIL.
FREQUENTLY ASKED QUESTIONS
How much can I borrow?
Up to R10m subject to credit and underwriting process.
What documents would I need to provide?
Annual financial statements, bank statements, a comprehensive list of matters and related. A list will be provided.
What is the approval timeline?
Approval can be within 48 hours after all required documentation has been received.
What is the typical term of a facility?
6 – 24 months
What are the costs?
Pricing is risk adjusted on a case-by-case basis which is subject to an underwriting process.
What can be offered as security?
Our loans for law firms look at intangible assets such as book debts, fee agreements, invoices and mandates, to assess the loan application
What is the difference between fixed asset and non-fixed asset security?
A law firm should not be defined by its balance sheet. Our lenders provide bespoke funding solutions on a case-by-case basis using ‘intangible’ assets for collateral and do not require ‘traditional’ security such as property.
What can funding be used for?
Acquisition of new matters, firm expansion, working capital, succession, adhoc cash flow etc.
What type of entities can borrow funds?
Are any areas of legal specialisation excluded from securing a loan?
No, but loans granted subject risk assessment and credit underwriting conditions.
Due to sensitivity of information, all matters are handled in strictest confidence.
Are there upfront fees?
No upfront fees are payable.