NO TRADITIONAL COLLATERAL * QUICK PROCESS * NO BALANCE SHEETS
Isn't it great to know that you can further your practice by obtaining an attorney loan using our money? A lawyer loan can help you with business expansion. A law firm loan, lawyer loan, law firm loan, attorney funding, law firm funding, or attorney financing can help you take your practice to the next level.
Law firm financing You can use the funds to pay for a surgery for a client, meet payroll, open a second location or whatever you decide. Of course you can pass the fees to your clients if you are borrowing to further their case. Regardless, you can write off all fees at the end of the fiscal year. Why spend your own money if you don't have to?
Our goal is to build long-term relationships. So, we always treat our clients with the utmost respect and consideration.
Generally up to $5,000,000 for the first transaction. If you require additional funding and have cases with enough merit, we can discuss additional funding, all by means of non-recourse funding.
Transparent Cost of Borrowing Funds
"Generally speaking," there are two categories of caseload and are listed as follows:
Less Risk: a factor rate/multiple of 1.52 per 12 month cycle (About 60% of applicants who qualify, are given the "Medium Risk" factor rate)
Medium Risk: a factor rate/multiple of 1.92 per 12 months (About 30% of applicants who qualify, are given the "Medium Risk" factor rate)
Higher Risk: a factor rate/multiple of 2.4 per 12 month cycle
*Example of overall payback (including all fees).
Borrowing $100,000 (and taking 12 months to pay us back). Using the "Less Risk" classification, the borrower will pay back approximately $152,000.
Borrowing $100,000 (and taking 12 months to pay us back). Using the "Medium Risk" classification, the borrower will pay back approximately $192,000.
That same borrower, if classified "Higher Risk," would pay back approximately $240,000 for that 12-month cycle.
13801 N. Florida Ave. Suite C, Tampa, Fl 33613
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1) Your Honesty, 2) Your Speed of Communication, and 3) Your Cooperation
financing for attorneys
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