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THE PRACTICE BENEFITS OF OUR LAW FIRM FUNDING PROGRAMS

 


THE PROBLEM: Banks and traditional lenders have no workable options for law firms. 

 

This fact comes as no surprise to trial attorneys and law firms who seek financing for their practices. The situation has become even worse in today's economy and tight credit environment. This is confirmed by recent statistics:

  • Loans to businesses are off by 18.5 percent. For law firms, the situation is even worse.
  • Recent reports from the FDIC show that bank lending declined again in the first quarter of this year.
  • Since June 2008, the volume of loans outstanding has fallen in 10 of 11 quarters.
  • All told, total bank lending has declined nearly 9 percent since March 2008 (American University).

     

    Last quarter’s decrease in bank lending was the fifth largest quarterly decline since FDIC began tracking the numbers 28 years ago!


THE SOLUTION: Customized law firm financing to provide immediate capital for practice development.

 

Advanced Legal Capital offers exclusive access to non-bank funding backed by a publicly traded, highly successful company. We have the resources to deliver large amounts of capital for attorney funding, law firm financing and credit lines--with fast underwriting. Furthermore, our new lower rates are highly competitive.

 

  

IMMEDIATE WORKING CAPITAL

 

  • Large amounts of immediate law firm and attorney funding available--from $100,000 to over $1 million.

  • Provides practitioners with better cash flow management. 

  • Frees up capital invested in advanced case costs, which are essentially after-tax interest-free loans to clients.

  • Funding to meet fixed and variable costs, payroll and operating expenses, and pay off debt.
  • Law firm financing can be used for partner compensation.

 

 

 PRACTICE DEVELOPMENT

 

  • There are no restrictions imposed on the use of funds.
  • Line of credit based on fees provides funds to retain experts, conduct discovery, and prepare for trial.
  • Promotes acceptance and preparation of high-cost matters.
  • Enables firms to avoid referring or splitting high-end cases.
  • Funds can be used to support firm expansion, acquisition of equipment, firm advertising and marketing. 
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 Our law firm financing and line of credit programs do not involve any interference in your practice or the handling of your cases.

 

Download application: Advanced Legal Capital-Law Firm Loan App rev 1-25-12.pdf  

 

For a confidential review of your firm's funding options:

 

Call 855.253.3863       E-mail: AdvancedLegalCapital@msn.com