Additional working capital for a solicitors' practice. £30,000 funded.
01
The requirement
Additional working capital for a solicitors' practice.
02
The challenge
The funding needed to suit the cash-flow profile of a legal practice rather than a conventional asset-backed business.
03
The structure
A £30,000 facility was arranged.
04
The result
£30,000 funded.
What our clients say
I’d like to say a big thank you to Simon and the team for successfully assisting with the sourcing and placing of our most recent funding. Simon was able to secure a lend when others appeared to have run out of appetite to place business or source viable options. I would highly recommend Simon should you need to raise capital or finance for your business needs.
Solicitors’ practiceManagement teamGoogle review
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Can a professional firm borrow without much physical security?
Often, yes. Lenders that understand professional firms look at fee income, client relationships and the strength of the practice rather than machinery or stock. See funding for professional practices.
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Your business
Could this structure work for your business?
Every case is assessed on its own merits. These pages explain the finance used here and what lenders look at.
Client details are anonymised. Every case is different and past results don't guarantee future outcomes: lenders set their own criteria and all finance is subject to status.
£295,000
£150,000
£50,000