One of the largest packagers of SBA Loans to law firms in the United States
Financing Your Law Practice Couldn’t Be Any Easier
- No more high-interest rates
- No more harsh reporting requirements
- No more annual or forced pay downs
- Very little restrictions on how you use this money (ie. advertising, case costs, general overhead, etc)
- Buy a building for your practice
Many attorneys experience uneven cash flow and expensive case costs involved in modern litigation. While most banks do not understand the value of your pending cases and your financial requirements. The result is that there are very few lenders in this area, very high interest rates, onerous monitoring conditions and forced periodic pay downs that often come at the wrong time. Our management team has over 35 years experience in Legal Funding and SBA-backed lending. We are the leading company in the marketplace who specialize in assisting attorneys to obtain low-cost SBA funding.
SBA Loans can be a life saver or helpful to pay off existing expensive debt, inject needed capital into the firm and use the money to expand your practice (advertising, hiring, etc). SBA-backed funding is low cost and permanent. It cannot be canceled, modified or force payments for the term of the loan typically for up 10 – 25 years.
Often misunderstood at banks, attorneys have among the lowest SBA default rates in the country. We can assist you in solving one of the biggest problems of modern day law practices – financing your practice.
Please contact us today for a free analysis.
SBA vs Other Lending Options
Types of Lenders
Legal Funding Sources
|Annual Interest||prime + 2.75%||16% - 60%||4% - 8%|
|Reporting Requirements||Once a Year Financials - Not Case Related||Case By Case Onerous Monthly Reporting||Monthly - Sometimes More Often|
|Term of Loan||10 Year Term Can Not be Cancelled |
25 Years for Real-estate
|Yearly - Renewal Each Year & Forced Pay-downs||Yearly - Renewal Each Year|
|Annual Clean Up||NO||YES||Most Requires Some Form of Pay-down|
|Ability to |