Summary — What this page covers
If your firm needs business finance from around £10,000 upwards, Fast Business Loans can quickly match you with lenders and brokers who specialise in legal practice funding. This page explains why solicitors face specific cashflow pressures, the finance types commonly used by law firms, how our matching process works, a checklist to prepare your enquiry and answers to common questions. Completing our short enquiry is not an application — it simply helps us introduce your practice to the most suitable finance providers.
Solicitors Business Loans: Fast, flexible finance for UK law firms
Law firms often need specialist funding for disbursements, professional indemnity premiums, delays in client settlements, property or growth projects. Fast Business Loans does not lend money — we connect UK solicitors and legal practices with trusted lenders and brokers who understand the legal sector.
Use our free, two‑minute enquiry to get matched with providers who may be able to help. Completing the enquiry does not affect your credit score and is not a loan application — it simply helps us introduce you to the right partners.
Get Started — Free Eligibility Check (Takes 2 minutes • No obligation)
Why legal practices rely on specialist business finance
Cashflow pressures unique to solicitors
- Large disbursement and counsel fees paid long before client settlement.
- Professional indemnity (PI) premiums and renewals can be significant and due annually.
- SRA and compliance costs, plus partner or staff drawings, create variable cashflow.
- Client funds, staged settlements or delayed completions can stretch working capital.
Growth and modernisation goals
- Funding technology, case‑management systems and secure document storage.
- Office refurbishment to improve client experience or accessibility.
- Funding lateral hires, new practice areas or acquisitions of smaller practices.
These needs mean many firms prefer specialist finance products or brokers who understand legal workflows and timing. Solicitors business loans are arranged through lenders experienced in this sector.
Common funding scenarios we see from law firms
| Scenario | Typical finance need |
|---|---|
| Bridging disbursement outlays | Short‑term bridging or working capital |
| Paying PI premiums | Premium finance or staged repayment |
| Refurbishment or fit‑out | Asset or commercial loan |
| Acquisition of a smaller practice | Practice acquisition finance / commercial mortgage |
Each scenario has multiple finance routes — working capital loans, invoice and debtor finance, premium finance, asset finance or secured facilities. Fast Business Loans helps you find the right match quickly.
Get Quote Now — Free Eligibility Check
Finance solutions available for solicitors on our panel
- Working capital & business loans — unsecured or secured loan facilities for ongoing cashflow needs (from around £10,000 upwards).
- Invoice & debtor finance — release cash tied to client invoices and settlements.
- Professional indemnity premium finance — spread large PI costs over manageable monthly payments.
- Asset & equipment finance — fund IT systems, secure servers, office equipment.
- Commercial mortgages & acquisition finance — purchase practice premises or fund practice acquisitions.
- Refinance & debt consolidation — reduce monthly stress by restructuring existing obligations.
Loan sizes, terms and security depend on the lender and your practice details. We typically introduce firms to providers who arrange finance from £10,000 up to multi‑million facilities where appropriate.
How Fast Business Loans matches solicitors with finance specialists
- Quick enquiry — you submit a short form (business details, funding need, contact).
- Targeted match — we match your case to selected lenders and brokers who specialise in legal practice finance.
- Rapid response — partners contact you to discuss options or request documents.
- Compare & decide — review proposals and choose a lender directly; there is no obligation to proceed.
All introductions are made with data security in mind and only to partners who can realistically assist your firm. We never charge firms to be matched.
Start your enquiry — Speak to a legal sector finance expert
Eligibility snapshot — what lenders commonly ask for
Information lenders typically request
- Company turnover and recent accounts
- How long the firm has been trading and the ownership structure
- Details of client concentration and outstanding receivables
- Professional indemnity status and any claims history
- Purpose of the finance and projected use of funds
Creditworthiness & security considerations
Some facilities require security or director guarantees; others are unsecured but priced accordingly. Eligibility and terms are set by the lender. Completing our form triggers a soft assessment only and does not affect your business credit profile.
Preparing a strong enquiry: checklist for law firms
- Recent management accounts and last two years’ statutory accounts (if available).
- Cashflow forecast showing the funding gap and how funds will be repaid.
- Aged debtor list or details of expected settlements.
- Details of PI cover and renewal dates.
- Proof of identity and company registration documents if requested.
Presenting clear figures and a concise use‑of‑funds statement increases the chance of rapid, relevant proposals.
Success snapshot: how one firm bridged a cashflow gap
An anonymised mid‑sized litigation practice faced a short‑term cash shortfall while waiting for a series of client settlements. After completing our enquiry, we introduced the firm to two specialist lenders able to fund litigation disbursements and provide short‑term working capital. The firm received proposals within 48 hours and accepted an unsecured short‑term facility that cleared the disbursements and stabilised payroll. The match saved the firm time and avoided operational disruption.
See what we can do for your practice — Free Eligibility Check
Frequently asked questions about solicitors business finance
- Do you lend directly to law firms?
- No. Fast Business Loans introduces firms to lenders and brokers — we do not provide funding ourselves.
- What loan amounts can solicitors apply for?
- We typically introduce firms to providers that arrange finance from around £10,000 upwards, depending on the product and lender.
- Will submitting an enquiry affect my credit score?
- No. Completing our eligibility enquiry is a soft process and will not impact your credit score. Lenders may perform formal credit checks only if you choose to proceed.
- How quickly can I hear back from a lender?
- Many partners respond within hours during business days; actual funding times vary by product and due diligence requirements.
- Can my firm apply if previously declined elsewhere?
- Yes. Because we work with a broad panel, a different lender or broker may be a better fit for your circumstances.
- Is completing your form an application?
- No — it’s an information form so we can match you with suitable partners. Any formal application is handled by the lender/broker you choose to engage with.
Get started today — free, no‑obligation eligibility check
Ready to explore options tailored to your practice? Complete our short enquiry and we’ll introduce you to lenders and brokers who specialise in legal practice finance. It’s quick, secure and free.
Start Your Enquiry — Free Eligibility Check
- Typical time: 2 minutes
- Data handled securely
- No impact on credit score
Important information & disclaimers
Fast Business Loans is an introducer and does not provide loans or regulated financial advice. Eligibility and loan terms are decided by independent lenders and brokers and are subject to their credit and affordability assessments. Submitting an enquiry does not guarantee finance or approval. Consider seeking independent financial or legal advice before committing to any facility. For details about how we handle data and who we share it with, see our Privacy Policy and Terms of Use.
1) What are solicitors business loans?
They’re fast, flexible finance solutions for UK law firms to manage cash flow, disbursements, PI premiums, growth, or refurbishments, with Fast Business Loans introducing you to suitable lenders and brokers.
2) Are you a lender or a broker?
Fast Business Loans is an introducer, not a lender, and we do not provide financial advice.
3) Will completing the Free Eligibility Check affect my credit score?
No, the enquiry is a soft check that doesn’t impact your credit score, with formal checks only occurring if you proceed with a lender.
4) How much can my law firm borrow?
Our partners typically offer facilities from around £10,000 upwards, including multi‑million options depending on the lender and product.
5) How quickly can we get funding?
Many partners respond within hours during business days, while actual funding times depend on the product and due diligence.
6) What finance options are available specifically for solicitors?
Common options include working capital loans, invoice/debtor finance, professional indemnity premium finance, asset/equipment finance, commercial mortgages, acquisition finance, and refinancing.
7) What can solicitors use the funds for?
Typical uses include disbursement and counsel fees, PI insurance premiums, IT and case‑management systems, office fit‑outs, staff or lateral hires, and practice acquisitions.
8) What information do lenders usually ask for?
Lenders typically request turnover and recent accounts, trading history, receivables and client concentration, PI status, the purpose of funds, and basic ID/company documents.
9) Do we need security or a personal guarantee?
Some facilities are unsecured while others require security or director guarantees, with requirements set by the lender based on risk.
10) How does your process work and what does it cost?
Submit a two‑minute enquiry, we match you with legal‑sector lenders/brokers who contact you directly, and our matching service is free with no obligation to proceed.
