The added flexibility and ability to grow that comes with the extra liquidity is wonderful. I didn’t really have any idea how much my file costs were impeding the growth of my firm until I began using Advocate. They have definitely helped me take my cases, and my firm, to the next level.
Case Expense Financing For Law Firms & Lawyers
* In most jurisdictions, a law firm can reduce its annual costs by passing borrowing costs through to its cases, but the compliance requirements can be too expensive to implement. Only Advocate Capital, Inc. has the proprietary AdvoTrac® expense tracking system and service team that allows firms to easily comply with allocation and reporting requirements. So, for example, if a firm recovers at least 90% of its borrowing costs from its cases, as most of our clients do, its annual cost of funds is very small – even less than 1%. Contact us to discuss how our program can work for your firm. All loans are subject to credit approval, and terms and conditions may vary.
Financial Services provided through Pinnacle Bank, which is a Member FDIC and Equal Housing Lender. Loans may be subject to credit approval.
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