LAW FIRM FINANCE SOLUTIONS

We provide financial solutions to support and grow law firms and their business.

Unlike traditional lenders, we recognise and resolve the everyday challenges faced by the modern law firm. The unpredictability of timing and materialisation of revenue compromises your firm’s ability to forecast and develop.

A firm’s balance sheet is not the only reflection of its success; a practice is largely made up of work-in-progress and defined by intangibles, such as its specialty and the quality of its clients.

 

OUR FINANCE SOLUTION

Taurus Capital’s finance solution creates cashflow efficiency through the recognition and monetising of the following assets:

Book Debts  |  Mandates  |  Fee Agreements  |  Invoices  |  Court Orders  |  Taxed Bills of Costs

 

BESPOKE SOLUTIONS BASED ON YOUR NEEDS

Whatever your speciality or requirements, our funding solutions can be tailor-made to best suit your practice. We offer bespoke solutions to fund the following:

Litigation (contingent and non-contingent)

 

Commercial and advisory

 

Project finance

 

Conveyancing

 

General Practice

 

HOW IT WORKS

Taurus will provide a facility or term loan to match your requirements, seamlessly adjusting as your needs change and drawdowns are made.

 

DRAWDOWN

When your work-in-progress (invoices, mandates, court orders, taxed bills of cost) are ready to be monetised, the firm engages Taurus Capital to tailor a product for your specific needs. A proposal will be provided to the firm to advance their fees and income based on the work-in-progress and book debts shared. These funds can be drawn down in a lump sum or at intervals depending on each firms’ requirements.

 

REPAYMENTS

Interest is charged at competitive and tax efficient rates agreed upon with the law firm when the facility is implemented. Capital and interest are serviced at regular intervals, whether monthly or quarterly, or can be deferred to a predetermined date that meets the needs of the firm.

USE OF FUNDS

The funds released are the law firm’s to use as they require:

Working Capital

Finance for general practice expenses and operation

Fee Advances

Finance for general practice expenses and operation

Partner Succession

Facilitate cash or vesting eventsthrough entry or exit of partners

Firm Expansion

Plan and finance new offices, markets, and opportunities

Once off and Seasonal expenses

Plan and finance new offices, markets, and opportunities

Schedule a consultation with Taurus Capital

Click HERE To Call