Do you need capital to grow your law firm?
Fair Rate Funding offers customized financing for law firms (law firm loans) based upon expected attorney fees in settled or pending cases or with cases currently on appeal. Our programs are designed for plaintiff trial attorneys specifically.
How much money would you make if you had an additional $250,000 to $1,000,000+ in law firm loans available?
Simply put, law firm loans level the cash flow cycles of personal injury practices. This type of financing can also be used to expand your practice when desired and can be extremely helpful when your deep pocketed adversaries dig in their heels on your heavier files.
Can you envision potential growth opportunities in your area(s) of expertise?
One typical hurdle for ambitious attorneys/firms is access to immediate financial liquidity to grow the business properly. Properly means having the financial wherewithal to aggressively bring your services to market.
Do you have the money to enter new areas aggressively and capture the necessary market share to make the jump profitable?
Let’s face it, the legal practice is a competitive one. In this arena it often takes money to make money. Dipping a toe into a new specialty rarely brings results. Having the financial backing to properly capture market share is the quickest, and most profitable strategy.
Law Firm Loans vs. Traditional Bank Financing
Banks generally do not offer lines of credit based solely on the value of your pending cases. Instead, they require excellent credit, statements of assets, and home equity of the partners to secure an approval. These factors also play into the loan amount which may or may not be enough to cover your needs. Further, some banks require periodic payments which may not be feasible.
Adequate cash flow is the life blood of any marketing efforts. And there are inherent limitations in securing money from bank loans, credit cards and/or personal savings. Further, personal guarantees and monthly payments could overextend your existing cash flow and threaten your existing business.
Fair Rate Funding Offers Solutions that Banks Cannot
Contingency fees mean a fluctuation in revenue for personal injury law firms. When cash is tight, firms need liquidity. Law firm loans meet this need through the analysis of existing personal injury files.
Most bankers are unable to evaluate pending personal injury cases or the value of future contingency fees. They are without the expertise necessary to advance on personal injury files.
Unable to grasp the revenue potential of contingency fees, many firms are turned away despite being creditworthy. Fair Rate Funding is different. We approve law firm loans when banks simply will not.
Further, our expertise in evaluating claims enables us to advance significantly higher amount of liquidity than banks are willing to offer. Our funding is backed by private investing groups and other “non-bank” type of credit facilities. We are not dependent on banks for our capital needs.
Let Fair Rate Funding help you out!
We provide legal financing based upon your existing portfolio of cases. In other words, we anticipate projected fees based upon the cases you already have. We provide the access to the very growth capital you need, not according to your creditworthiness, but according to value of your files. The use of funds is unrestricted so that you can grow your practice as you see fit. Fair Rate Funding is the answer to your expansion capital needs.
We have large pools of capital allocated specifically for personal injury firms. Call us today at 888-964-2224 to talk about how we can help you. You may also contact us at firstname.lastname@example.org.
Do law firm loans through Fair Rate Funding make good business sense for you and your growing firm?
Other benefits of law firm loans Include:
- The ability to fund without personal guarantees.
- No additional partners or transfer of equity in your firm
- Easy application process
- Unrestricted use of funds
Call us now to find out how we can HELP you grow your practice. 888-964-2224 or contact us at email@example.com.
We are at your service.