Finance for the Professions.
Over twenty one years’ experience in arranging finance for the professions sector, comprising: Health and Medical - dental practitioners, ophthalmic practices, consultant surgeons - Paper Professions - law firms, RICS, RIBA and accountancy practices.
Finance for Law Firms and Barristers.
Law Firm Finance: Tailored Funding Solutions for Legal Practices
At Lifecycle, we understand the unique financial needs of law firms, from managing essential operating expenses to covering specific practice-related costs. With a comprehensive suite of finance solutions, we provide tailored funding to help law firms manage cash flow, support growth, and navigate the challenges of a competitive legal landscape.
Our experience in law firm finance spans a variety of financial needs, including tax payments, VAT bills, capital for growth, and much more. Here’s an outline of the financial support we can offer for your practice.
Tailored Funding Options for Law Firms
Partnership Tax Bills – Structured finance solutions to manage partnership tax obligations, allowing your firm to spread the cost over time.
Sole Trader Tax Bills – Tailored financing for sole practitioners to ease the burden of large tax bills.
Corporation Tax Finance – Help your firm meet corporation tax obligations without disrupting cash flow.
VAT Bills – Flexible financing to cover VAT liabilities, allowing you to spread payments and manage cash flow effectively.
Work in Progress (WiP) Loans – Lending against ongoing work to provide working capital while cases are being resolved.
Disbursement Cost Loans – Financing to cover disbursements, helping you manage case-related expenses upfront.
Litigation Finance – Credit lines designed specifically for litigation, allowing for predictable cash flow and growth.
Professional Indemnity Premiums – Tailored finance to spread the cost of this essential insurance cover over a manageable period.
Practising Certificates – Finance options for paying practising certificate fees, ensuring compliance without financial strain.
IT & Software Finance – Funding for critical technology and software investments that keep your practice competitive.
Office Fitouts – Flexible finance for refurbishing or setting up new office spaces to provide a professional and comfortable working environment.
Working Capital and Cash Flow Loans – General-purpose loans to maintain day-to-day cash flow and meet operational costs.
Partner Funding & Acquisitions – Structured finance to support partner buy-ins, buy-outs, or mergers with other practices.
Commercial Office Mortgages – Tailored commercial mortgage options for law firms seeking to purchase their office premises.
“Our business helps Law Firms manage their Cash Flow and ensure they have adequate funding to operate their firm. We can achieve a great deal internally, but there is often a gap to be funded, especially for the growing firm.
Over the last 6 years Alun has bridged that gap really well for a range of our clients. He seems to know which lenders have the appetite for each client’s need and finds the right solution for them.
Our clients, whether Heads of Finance or Managing Partners regularly tell us how comfortable they are working with him.
”
Comprehensive Finance Options for Law Firms
Explore our tailored finance solutions designed to meet the unique financial needs of law firms.
| Funding Purpose | Typical Loan Amount | Repayment Terms |
|---|---|---|
| Partnership Tax Bills | £10,000 - £25 million | 6 - 12 months |
| Sole Trader Tax Bills | £5,000 - £100,000 | 6 - 14 months |
| Corporation Tax Finance | £10,000 - £1 million | 12 - 36 months |
| VAT Bills | £10,000 - £750,000 | 3 - 12 months |
| Work in Progress (WiP) Loans | £50,000 - £2 million | Flexible |
| Disbursement Cost Loans | £10,000 - £500,000 | Case-by-case basis |
| Litigation Finance | £1,000,000 - £10 million | Project or case duration |
| Professional Indemnity Premiums | £5,000 - £1 million | 12 - 24 months |
| Practising Certificates | £1,000 - £500,000 | 6 - 12 months |
| IT & Software Finance | £5,000 - £1 million | 12 - 60 months |
| Office Fitouts | £20,000 - £1.5 million | 12 - 60 months |
| Working Capital and Cash Flow Loans | £5,000 - £5 million | 6 - 60 months |
| Partner Funding & Acquisitions | £50,000 - £5 million | 12 - 84 months |
| Commercial Office Mortgages | £100,000 - £10 million | Up to 25 years |
Our expert team is here to guide you through the finance options best suited to your firm's needs. Contact us today to discuss how we can support your practice with flexible funding solutions.
Additional Professional Practices.
ACCOUNTANTS
Very similar offering to the suite of finance products offered to law firms, with three additional options:
Fee block finance
Aged debtor finance
Funding for clients
“During the last twenty years of my Dental and Forensic practice life my constant go-to person for all my Business finance needs, both planned and unplanned, has been Alun. I followed him through his career moves from company to company to his own business as he became a fixture in my practice life, always finding a way to help. Can’t recommend him highly enough.”
— Dental Principle Client.
DENTAL
Comprehensive finance options for the dental sector.
Equipment finance
Personal tax finance
Fitout finance
Personal car finance
Acquisitions
Buy in/out
Commercial property finance