Law firm financing
At PrestaFlex, we understand that lawyers have specific financing needs. Whether you're a young lawyer opening your first practice, an established firm looking to expand, or simply looking for solutions to improve your cash flow, we're here to help.
Why do lawyers need financing?
Being a lawyer often involves significant investment and irregular cash flow. The main reasons why lawyers seek financing include :
1. Setting up a law firm
- Set-up costs (premises, furniture, IT equipment).
- Registration fees for various professional registers.
- Marketing expenses to attract first clients.
2. Business development
- Hiring of associates or legal assistants.
- Acquisition of new technologies (practice management software, legal research tools).
- Opening of new offices or expansion of existing premises.
3. Cash flow management
- Cover fixed costs during periods of low activity.
- Anticipate payments pending customer settlements.
- Payment of tax and social security charges.
How does PrestaFlex help lawyers?
At PrestaFlex, we have developed financing solutions tailored to the specific needs of lawyers.
Our Financing Offers :
1. Tailor-made business loans
We offer customized loans to finance
- Firmset-up costs.
- The acquisition of professional equipment (computers, legal libraries, furniture).
Benefits :
- Amounts available: From CHF 5,000 to CHF 400,000.
- Flexible repayment terms: Up to 10 years.
- Attractive interest rates: Tailored to your repayment capacity.
2. Cash-flow loans
When your practice encounters temporary cash-flow difficulties, we help you keep your business running smoothly.
Common situations :
- Delayed payment of major customers.
- Early payment of social security or tax charges.
- Temporary need for cash to cover current expenses.
Advantages:
- Quick access to funds: In less than 48 hours after acceptance of application.
- Flexible repayment terms: Possibility of early repayment without penalty.
3. Professional leasing
We offer leasing solutions for firms wishing to acquire equipment without using up their capital:
- IT equipment: Computers, servers, specialized software.
- Professional furniture: Desks, chairs, meeting rooms.
- Professional vehicles: For frequent business-related travel.
Benefits :
- No direct impact on your cash flow.
- Tax deductible.
- Flexible contracts to suit your needs.
4. Factoring for lawyers
Delays in payment by your customers can put a strain on your cash flow. With our factoring service, you get an immediate advance on your outstanding receivables.
How does it work?
- You transfer an invoice awaiting payment to us.
- We immediately pay you a percentage of the invoice amount.
- You recover the balance when your customer pays.
Advantages:
- Instant cash flow improvement.
- Security against bad debts.
- Simplified administrative management.
Why choose PrestaFlex?
At PrestaFlex, we understand that every lawyer and every law firm has specific needs.
What sets us apart?
- Expertise in financing the liberal professions.
- Simplified procedures: We know your time is valuable.
- Rapid response: We assess your case in less than 48 hours.
- Total transparency: No surprises, all our conditions are clearly presented from the outset.
- Personalized advice: Our dedicated advisors are with you every step of the way.
How does it work?
- Contact us: Fill in our online form or call us directly.
- Analysis of your request: An advisor studies your file and suggests suitable solutions.
- Obtain financing: Receive the funds in your bank account within 48 hours of acceptance.
- Personalized follow-up: We support you throughout your project to ensure your complete satisfaction.
PrestaFlex, your trusted partner
We know that running a law firm can be stressful, especially when it comes to financial matters. PrestaFlex is here to provide you with concrete, simple and effective solutions.
Are you ready to bring your projects to fruition, or simply to secure your cash flow? Contact us today, and we'll be delighted to help.
