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Professional Indemnity Insurance Funding for Lawyers

Key benefits of PII funding:

  • Spread the cost of your premium over 10 - 18 months
  • Avoid putting pressure on existing banking lines
  • Protect your cash flow and retain working capital

Summary

PII funding preserves cash flow

Professional Indemnity Insurance can represent one of the single largest expenses that a law firm can face annually. By spreading the cost of your insurance over time with an unsecured PII loan from Wesleyan Bank, you can avoid significant troughs in your cash flow and ensure working capital is available for other important areas of your business without relying on overdrafts or other more expensive credit lines. 

Wesleyan Bank provides flexible finance solutions to legal firms looking to spread the cost of their PII.

As the only strategic partner that provides finance to The Law Society of England and Wales' members, you can be assured that we have the expertise and knowledge to support your firm.

Speak to one of our dedicated and knowledgeable account managers today about how we can help to support your firm today and in the future.

Read our latest blog to find out which factors can impact the cost of your PII premium..

Wesleyan Bank acts as a broker and a lender.

Written quotations are available on request from Wesleyan Bank Ltd. Credit facilities are subject to status and only available to UK residents over the age of 18. Wesleyan Bank Ltd reserves the right to decline any application.

Depending on the circumstances and where required by law, loans will be regulated by the Financial Conduct Authority and the Consumer Credit Act.

The Law Society is a professional body whose registered office is situated at 113 Chancery Lane, London, England WC2A 1PL. Telephone: 020 7242 1222, www.lawsociety.org.uk.The Law Society is an introducer appointed representative of Wesleyan Bank Limited.

Call our team free on 0800 980 9348 Monday to Friday 8.30am - 5.30pm or contact Wesleyan Bank

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

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