Solicitors Business Loans & Finance Solutions
Summary: Fast Business Loans connects UK law firms with specialist brokers and lenders to secure working capital, disbursement and case funding, invoice finance, PI premium finance and asset funding from around £10,000 upwards. We are an introducer — not a lender or adviser — and our free, no-obligation enquiry helps match your practice to providers who understand legal practice finance. Get a Free Eligibility Check
Quickly compare options, avoid wasting time on unsuitable lenders, and receive matched quotes by phone or email.
Trust notes: Free to use · No obligation · Fast response · Soft initial checks
Why legal practices seek specialist funding
Law firms often face uneven cash flow: large client settlements, staged payments, retainer shortfalls and costs that must be paid well before fees are collected. Traditional banks may not always understand the cashflow profile of legal practices, so specialist finance solutions are commonly used to bridge gaps and support growth.
Common funding triggers for law firms:
- Bridging client disbursements or expert fees while cases progress
- Maintaining payroll and overheads during long-tail cases
- Spreading the cost of professional indemnity (PI) insurance via premium finance
- Investing in case management systems, IT or refits
- Unlocking cash from billed invoices or WIP to improve liquidity
Fast Business Loans connects practices to lenders and brokers who understand legal workflows and the particular treatment of client funds and trust accounts.
Finance Options Available to Solicitors Through Our Panel
We introduce practices to lenders and brokers offering a range of products designed for law firms. Below are the most common solutions and when firms typically use each.
Working Capital & Practice Loans
Term loans and revolving facilities to cover operating costs, expansion or cashflow smoothing. Options may be secured against business assets or property, or provided unsecured depending on lender appetite.
Typical uses: gap funding between disbursements and fees, growth finance, staff recruitment.
Case Acquisition & Disbursement Funding
Specialist facilities that advance funds against future case recoveries, or which bridge disbursement and expert fees for claims such as personal injury and clinical negligence. These can be staged to match case progress.
Invoice Finance & WIP Funding
Invoice discounting or factoring and WIP lending that releases cash tied up in billed invoices or work-in-progress. This improves liquidity without waiting for client settlement.
| Suitable For | Why Solicitors Choose It | Considerations |
|---|---|---|
| Working capital & term loans | Predictable repayments, flexible amounts from ~£10k upward | May require security or personal guarantees depending on lender |
| Case/disbursement funding | Matches funding to case lifecycle; helps progress cases without cash strain | Costs tied to case outcomes; suitability depends on case type and strength |
| Invoice/WIP finance | Immediate access to billed amounts and WIP; improves working capital | Fees/discount rates apply; integration with practice accounting required |
Asset & Equipment Finance
Funding for IT, case-management systems, office fit-outs and vehicles. Options include hire purchase, leasing and asset-backed loans that preserve cash while spreading cost.
Professional Indemnity Insurance Premium Finance
Premium finance spreads the cost of annual PI cover into monthly payments, easing budget planning and avoiding a large one-off outlay.
Get Matched to Specialist Lenders — fast, free and no obligation.
How Fast Business Loans Supports Solicitors
Our role is simple: you provide a few details in our short enquiry form and we match your firm to the lenders and brokers most likely to help. We don’t lend or advise — we introduce.
- Complete a quick enquiry (typically under 2 minutes).
- We match your firm to suitable finance partners on our panel.
- A broker or lender contacts you with tailored options and a quote.
- You compare offers and decide — no pressure or obligation.
We emphasise speed and relevance: our partners know how to assess solicitors’ balance sheets, trust account handling and PI requirements. Initial checks are soft; lenders or brokers will advise if a hard credit search is required once you choose to proceed.
Start Your Enquiry — free eligibility check in minutes.
Eligibility Snapshot for Solicitors
Typical information lenders may request
- Limited company trading history and management background
- Case mix, anticipated settlements and aged debt / WIP
- Details of PI cover and key compliance arrangements
- Recent accounts, management accounts, bank statements
Practice profiles we commonly help
- Small and mid-sized law firms, multi-branch practices and Alternative Business Structures (ABS)
- PI-focused firms, family law, conveyancing and mixed-practice firms
- Firms seeking asset finance, invoice/WIP facilities or PI premium spreads
Credit & security considerations
Availability, rates and terms depend on lender criteria. Factors such as CCJs, recent arrears or weak cashflow can restrict options — but our panel includes specialists who consider complex situations. Minimum facilities typically start around £10,000.
Funding availability and terms are determined by the lender or broker reviewing your application.
Funding Scenarios We’ve Helped Solve
1. Bridging major disbursements for a PI firm
A mid-sized personal injury firm needed to fund £250,000 of expert and counsel fees across a portfolio of cases. We matched them with a specialist case-funding broker; an offer was arranged within 5 working days, enabling case progression without using the firm’s working capital.
2. Office refurbishment and IT upgrade
A regional family law practice required £120,000 for a fit-out and new case management software. A tailored asset finance package split the cost, preserved cash and allowed staged repayments aligned to their cashflow forecast.
3. PI premium finance to smooth annual costs
An established multi-partner firm opted to spread a £90,000 annual PI premium through a broker we introduced. Monthly payments improved budgeting and avoided a seasonal cash pressure point.
Comparing Solicitor Loan Providers: What to Consider
When reviewing offers, firms should weigh:
- Rate structure: fixed vs variable interest and fee breakdowns
- Arrangement, facility and exit fees
- Early repayment terms and penalties
- Experience with legal-sector lending and willingness to work with trust account constraints
- Security and whether personal guarantees are required
Using an introducer like Fast Business Loans gives you multiple quotes to compare quickly — increasing the chance of a competitive, suitable solution while saving time. We do not recommend a single lender; we connect you with a curated panel so you can decide.
Checklist before accepting an offer:
- Has the lender explained all fees and repayment terms?
- Are any guarantees or securities fully understood and documented?
- Does the repayment schedule align with your cashflow and settlement timings?
- Has tax and accounting impact been considered with your adviser?
Frequently Asked Questions About Solicitor Finance
Do you fund client disbursements while cases settle?
Yes. Our panel includes brokers and lenders who provide disbursement and case funding facilities for claims such as personal injury and clinical negligence. Complete the enquiry to be matched to specialists.
Will completing the enquiry form affect our credit score?
No. Submitting the Fast Business Loans enquiry does not impact your credit score. Lenders or brokers will tell you if a formal credit search is needed at the application stage.
What loan amounts are typically available to legal practices?
Our partners commonly consider facilities from around £10,000 upwards to several million, depending on the lender, security and the firm’s circumstances.
How quickly will a solicitor receive a response?
You can often expect an initial response within hours during business days. Some providers may contact you within minutes depending on availability and urgency.
Are personal guarantees commonly required?
It depends. Some lenders require personal guarantees, especially for smaller firms or unsecured facilities. Specialist brokers can often find lenders with more flexible conditions depending on the strength of the firm’s accounts and security offered.
Does Fast Business Loans charge solicitors to use the service?
No. Our enquiry service is free and without obligation. Fees, if any, will be disclosed by the chosen lender or broker as part of their offer.
Start Your Solicitors Finance Enquiry
Ready to explore options tailored to your firm? Complete a short, confidential enquiry and we’ll match you to specialist lenders and brokers who can provide quotes quickly. There’s no cost and no obligation — just practical options to consider.
Start My Eligibility Check | Speak to a Specialist
Fast Business Loans introduces businesses to lenders and brokers. We are not a lender and do not give regulated financial advice. All offers are made by lenders or brokers and are subject to their terms and eligibility criteria.
1) Are you a lender or adviser for solicitors business loans?
No — Fast Business Loans is an introducer that connects UK law firms with specialist brokers and lenders who provide the finance.
2) What finance options are available for UK solicitors and legal practices?
We match firms to working capital and practice loans, case/disbursement funding, invoice and WIP finance, PI insurance premium finance, and asset/equipment finance.
3) Is the enquiry form a loan application?
No — it’s a quick, free eligibility check used to match your law firm with suitable lenders or brokers, with no obligation to proceed.
4) Will submitting an enquiry affect our credit score?
No — initial checks are soft, and any hard credit search would only occur later if you choose to proceed with a lender or broker.
5) How much can a law firm borrow through your panel?
Typical facilities start from around £10,000 and can reach several million, depending on lender criteria, security, and your firm’s profile.
6) Do you arrange disbursement and case funding for PI and clinical negligence firms?
Yes — our panel includes specialists in case acquisition and disbursement funding aligned to claim lifecycles.
7) Can solicitors access invoice finance or WIP funding?
Yes — lenders on our panel offer invoice discounting/factoring and WIP facilities to release cash tied up in billed work and work-in-progress.
8) How fast will we receive a response or quotes?
Most firms receive an initial response within hours on business days, with tailored options typically shared shortly after.
9) What information do lenders usually request from law firms?
Expect requests for trading history and management background, case mix and WIP/aged debt, PI cover details, recent accounts, and bank statements.
10) Are personal guarantees or security required for solicitors loans?
It depends on the facility and firm strength — some offers are unsecured while others may require security or personal guarantees.
