Advocate Capital, Inc. offers these great lending options for law firms. Please follow the links below to learn more about each of our lending services.
Case Expense Financing
Like every other successful trial attorney, you have thousands of your personal, post-tax dollars trapped in case expenses that do not earn interest and are not tax deductible. The cash that you have tied up in case expenses is essentially an interest-free loan that you have made to your cases! It used to be that there was no way to get your money back until you retired and wound down your practice… but we’ve created a solution to that problem.
Learn more about Case Expense Financing.
Working Capital Lines of Credit
If you’d like a very flexible, prime-based line of credit that can be used for a variety of purposes at your law firm, a working capital loan may be right for you.
Learn more about Working Capital Lines of Credit.
If your firm is not yet large enough to qualify for our Case Expense or Working Capital lines of credit, our Small Loans program may be able to give you access to capital to grow your firm.
Learn more about Small Loans.
New equipment can be a great way to grow your law firm and boost your revenue stream, but the prohibitive cost keeps many people from taking advantage of it. Instead of draining your cash, borrowing the money to make a purchase could be the solution your law firm’s needs.
Learn more about Term Loans.
Obtaining financing for a newer or rapidly growing law firm can be a challenge for partners who are starting out because they don’t always qualify for conventional loans. Additionally, sometimes more mature law firms could benefit from extended terms that just aren’t found in the conventional commercial banking market. One option for both types of law firms is the SBA loan program.
Learn more about SBA Loans.