Financing and Loan Options for Law Firms and Attorneys
Tailored Law Firm Loans and Financing: Overview
Advanced Legal Capital offers several types of law firm financing, law firm loans, and attorney financing and funding programs. Each program is specifically designed for attorneys and firms operating on a contingency fee basis, and for practices with diversified/hybrid revenue streams.
These loans are based on the anticipated future fees based on current case inventory, rather than partner personal equity or liquid assets. The loans are repaid as cases settle and fees are received.
Law Firm Loans and Financing Options
(click on headings below to learn more)
Major Portfolio Law Firm Loans
Loan Amounts from $3 million to $100 million
Based on the firm's projected fees in its full case portfolio; no monthly payments and competitive rates; repaid with a portion of each fee when received, with firm retaining the rest.
Click HERE to visit Higher Amount Law Firm Loans page.
Mid-Range Case Portfolio Loans
Loan Amounts from $250K to $10 million
Working capital lines of credit and term loans secured by firm inventory of cases and future fees; no additional collateral required; repaid with a portion of each fee as received.
Click HERE to visit Mid-Range Portfolio Lending page.
Small Firm Case Portfolio Financing
Loan Amounts from $50,000 to $600,000
Based on projected fees in firm portfolio of cases, with nominal monthly interest-only payments on actual outstanding balance. Principal repaid with only 15% required of each fee received as cases resolve, firm retains the rest.
Click HERE to visit Small Firm Portfolio Financing page.
Each Loan Transaction Is Individually Crafted
Our loan repayment terms and schedules are individually tailored to each firm's cases and unique requirements.
Because our capital is not bank-based, we have flexible qualifying criteria and can approach each firm's application on an individual basis. Despite these advantages, the rates and terms for each transaction are highly competitive and determined on a case-by-case basis.
Professional Insight and the Power of Flexibility
Our primary goal in every transaction is to establish a long-term relationship with each client to help them maintain liquidity and achieve their practice objectives while minimizing partner risk and impact on normal firm operations.
Both in setting up loans and during their term, we can accommodate each firm's particular business model and cash flow challenges. During the term of the loan, we are free to work with our clients to address individual concerns and issues as they arise in a responsive and supportive manner that is unsurpassed in the law firm financing industry.
Features and Benefits of our
Law Firm Loan Options
Reduce partner risk and stress...
while funding practice growth.
Our unique and customized financing programs enable plaintiff law firms to level the playing field when confronting well-financed adversaries, maintain stable operatons, support and expand marketing, and grow with the confidence they have secure access to sufficient, flexible working capital.
Our loan programs function as a "liquidity lifeline." They bridge the cash flow valleys inherent in contingency fee practices, helping law firms to meet overhead and case preparation costs as they await awards and settlements.
Unlike banks and traditional lenders, the attorney underwriters for each of our programs have the expertise and resources to assign full value to a firm's portfolio of cases, and to create a funding solution for both the short and long term needs of the practice.
Advanced Legal Capital
Funding your success.