FAQs

Solicitors Practice Funding

Is there a minimum loan amount?

Yes, the minimum is £100,000.

How quickly will I receive funds after making a request?

If the signed drawdown notice is received by fax (before 12.30pm) or the morning post we endeavor to send funds by CHAPS the same day.

VAT & Income Tax Funding 

How quickly can my application be processed?

Once all documents are received (and if there are no outstanding queries) a proposal can be processed in 7-10 days.

Over how many months are repayments made? 

Maximum loan term is 3 months for VAT and 6 months for Income Tax. 

Costs Advance Funding Scheme

Can I use any Cost Consultant?

Yes, subject to prior approval.  Alternatively, we operate a panel of authorised Cost Consultants. Please contact us on 01329 234294 to find out more.

How much am I able to draw against each case?

Up to 70% of profit costs and paid disbursements may be drawn, based upon the Costs Consultants preliminary assessment.