Legal Sector
Business Finance House provides the legal sector with specialist funding designed to spread the cost of tax, VAT, PII, practice certificates and many other purposes. Our lenders have strong appetites for supporting law firms across the UK and will also provide longer term business loans to support growth plans and projects. The software needed to run law firms carries heavy start-up and renewal costs, these can be paid for using asset finance, often working out the most cost effective strategy.
Research indicates that many law firms are seeing M&A as the key strategy for growth, this area of enterprise is one of the largest costs a law firm can incur. With unsecured funding available to spread the cost over a suitable term, capital can be preserved, whilst allowing the project to go-ahead.