Funding & practice loans for law firms
Helping you maximise efficiency and increase profitability
Albion Legal specialises exclusively in the legal sector and we can assist all types of law firms with funding requirements.
We can arrange bespoke solutions for practice funding and provide you with all the resources you need to make a success of your business. We offer a simple, no fuss approach, to arranging UNSECURED practice loans.
We can also help you increase your bottom line and maximise the benefits of changing market conditions. We are also able to assist if your firm is planning to close due to retirement or have other arrangements in hand.
We can support you by carrying out a strategic review and preparing a specific, tailored plan. We will work closely with you to agree a way forward and implement measures to maximise future growth.
For more information about practice loans for law firms, get in touch today.
- Short, mid and long term unsecured loan arrangements
- Fast-track access route to panel of independent lenders
- Offer decisions within 72 hours
- Strategic reviews and preparation of business plans
- Preparing accounts and up to date management information
Need a little helping hand?
We can assist in obtaining finance for every type of practice cost:
Short Term, under 12 months: Tax, VAT, Bridging, PII, DX, Recruitment, Practising Certificates, Subscriptions and Licences.
Mid Term, under 3 years: WIP, Working Capital, Disbursements, Software Finance and IT Finance.
Long Term, under 5 years (although in some cases we can reach 10 years) : Partner Funding, Refurbishments, Acquisitions, Secured Lending, Cap-ex, Personal Lending and Consolidation.
A 5 equity full service law practice required £300,000 for working capital purposes, repayable over 24 months. This was achieved via 3 panel funders having sight of latest Accounts, up to date management information and bank statements. The process was completed in 5 working days.
A 3 partner PI law firm had a £80,000 tax bill. Via a fast-track route involving one simple form signed by each partner, £80,000 was secured with 12 month repayment programme. It took less than 3 days from proposal to transfer of funds.
We have access to over 14 independent funders, and working with this panel we are able to offer decisions within 24-72 hours.
Who we've helped
How we can help your law firm
Albion Legal's employment law services are designed specifically around your business model or those of your clients. Our reputation for service quality and delivery has enabled us to build on our specialised 'solicitor support' products, with law firms turning to us to transform their business and improve their bottom line.