The current economic climate brings real challenges to businesses across the UK. This is especially the case for Law firms, where many practices face major cash flow difficulties.
Finance for Professionals have designed an innovative solution to inject much needed funds into your business without the need for director or member guarantees.
Finance for Professionals understand Law firms and the issues that you face. Their strong and established Management Team have a range of solutions that will help you continue to practice in the difficult months ahead and to develop your business.
Funding is relatively simple to arrange and the entire process can take as little as 4 weeks from the initial meeting to the transfer of funds into your account.
The recent withdrawal of traditional sources of funding, such as secured loans and overdrafts, which have been the stable sources of finance for professional practices, has caused significant difficulties to otherwise sound businesses. Finance for Professionals is dedicated to providing discreet and innovative solutions to the funding needs of professional partnerships, LLP's and companies.
Once you have secured your finance, you can put the additional funds to a variety of uses including:
- Working capital - with clients taking longer and longer to pay their bills, the funding gap can be bridged;
- Merger finance - your additional finance maybe perfect for helping to fund a possible acquisition or merger. In this context, the assets of the ‘target’ business can be used to release funds for the acquisition;
- Restructuring finance - restructuring businesses can be costly and will seriously impact cash. This additional finance could be the answer;
- Bank borrowings - with banks increasingly reluctant to lend, our finance could replace this important line of credit;
- Funding pensions - with markets being so low, now maybe a good time to fund personal pension plans.
If you would like to discuss this in more detail with one of the Finance for Professionals consultants then please call +44 (0) 121 314 2020 or Email us.
