Law firm funding is a way for attorneys and law firms to cover litigation costs, maximize cash flow, and expand services to clients. By getting a loan for your law firm, you can use the capital to boost profits and increase customers. When you choose Opportunity Business Loans as your trusted lender, you will get a customized loan the fits your individual needs.
Our law firm loans come with low rates, custom payment plans, and flexible terms to ensure you have the highest satisfaction with your loan. We want you to be able to focus more on your clients and less on making your loan payments. Another great advantage that you will receive with our services includes waived interest on early payoffs.
It is important to have sufficient capital to cover lawsuit expenses. Utilizing our financing solutions will give you significant growth opportunities and help decrease cash flow volatility, boost the number of new clients, and increase revenue.
Our law firm loans are very different compared to the loans that you will find at traditional banks. Traditional lenders will make you go through piles of paperwork and days of waiting to find out if you are approved for an outdated and inconvenient loan.
When you choose our financial solutions, you will receive a loan that is customized to fit your individual needs. Our law firm funding is explicitly designed for attorneys and law firms. This ensures convenient payments that allow you to focus more on your client’s cases and less on your loan payments.
We offer multiple law firm financing options that will guarantee you get the capital you need quickly and through a stress-free process. Here are all of the types of loans that you have access to for your legal services business.
A business line of credit will give you access to money as you need it and allows you to draw up to a certain amount at any time. This financing option gives you extra flexibility by allowing you to borrow the funds you payback continuously. This will help your day-to-day operations run smoothly by covering unexpected costs that could pop up at any time.
SBA loans are designed specifically for small businesses. The Small Business Administration partially guarantees SBA loan amounts, which give us extra flexibility when customizing your loan. This allows us to create a loan with even lower rates and more flexible terms.
If you are an attorney and want to start your first law firm, you will need capital to cover various costs. With a startup business loan, you will get the capital you need to cover all startup costs and get your business on its feet.
If you have helped clients and are waiting for them to pay for your services, you can use your accounts receivable as collateral to get that payment immediately. This is great for when you have expected payments coming in but face an unexpected financial hurdle that needs to be dealt with quickly.
There are multiple ways that you can use our law firm financing for your business. Below are some of the most common ways our clients have used their extra capital to boost profits and customers.
All of our loans come with a variety of advantages that give you a competitive edge over other law firms in your area. The legal services industry is extremely competitive. If you don't have sufficient capital through a lender you can trust, you will be left in the dust by law firms who do. When you get approved for one of our loans, you will have access to:
Our team has secured valuable partnerships with some of the top lenders across the nation. These relationships give us extended flexibility when customizing your loan. This results in lower payments and more flexible loan terms for your law firm. We can guarantee law firm financing that is as convenient and comfortable for you as possible.
Our online application and approval process is super simple and only takes a few minutes to complete. It requires very little paperwork and is much less stressful compared to traditional lenders.
Begin by providing us with basic information about you and your business using our online application form. This form only takes a few minutes to complete.
Then, submit supporting documents. We will assess the information and paperwork that you submitted to customize a loan around your individual wants and needs.
Finally, we will go over the loan with you and answer any questions that you might have. Once you are satisfied with your loan, we will deposit the loan proceeds into your business bank account in under 24 hours.
If you are in need of financing for your law firm, give us a call or fill out our online application form today. Our team of financial lending experts will work with you to create a loan around your individual wants and needs. Then, once you are completely satisfied with your loan, we will deposit the loan proceeds into your business bank account in under 24 hours.
With locations in every city, you'll have no problem finding the right loan.
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