Funding solutions for legal firms

We can fund:

  • Equity buy ins/outs, mergers and acquisitions
  • Short-term cash flow loans including tax, VAT, PII and PC
  • Investments in assets such as specialist equipment
  • IT finance including hardware, software, training, installation and support
  • Refurbishments and expansions

It's an interesting time for the legal sector, with many mergers and acquisitions taking place, consolidating the market. With such combining of skills you may be considering how you can better manage your short-term cash flow or perhaps you are looking at investments you should be making for the future success of your firm in new technologies, equipment and premises to help support growth.

Wesleyan Bank can help. We will work with you to develop tailored finance solutions to suit you and your firm, no matter the requirement.

We provide flexible finance plans for lawyers that allow firms to invest in the assets their business needs today, and pay for it over time. We're also the only endorsed finance provider to The Law Society of England and Wales and the Law Society of Scotland, so you can be sure that Wesleyan Bank is a trusted name that can provide you with reliable finance options to suit your need.

Our products

Asset Finance
Greater expectations of customer service, increased competition or even new legislation means it is often necessary to invest in major renovations or revamping of practices. This includes investing in specialist equipment for your practice. Commercial loans from Wesleyan Bank are available from £5,000 for these purposes.

IT Finance
Upgrading your IT solutions can be costly, particularly when you consider the cost of not only the hardware or software, but also installation, training and ongoing support and maintenance packages. Wesleyan Bank can help you spread the total cost of your IT investments, all in one flexible plan.

Practice Acquisition
Purchasing your own practice is a major financial commitment. That is why it is essential that you work with an experienced commercial team who can help you from start to finish. Your own dedicated Relationship Manager will guide you through the process from initial enquiry to draw down of funds. We also offer you bespoke and flexible funding options that can help to meet your business objectives.

Tax Funding
Avoid HMRC automatic penalty surcharges and spread the cost of your tax bill into manageable monthly payments by financing your tax payment. Finance is available subject to status for Personal Tax, Corporation Tax and Capital Gains Tax. We can arrange payment of your finance directly to HMRC or if you have already made your tax payment we can still look to finance your payment retrospectively.

PII Funding
Professional Indemnity Insurance can be a significant outlay to any legal firm, putting considerable pressure on cash reserves or existing banking lines. Spreading the cost using an unsecured loan could be the solution. Wesleyan Bank offer competitive rates for funding your premium. 

We also offer a comprehensive range of personal financial products

More information
Call our team free on 0808 123 0999 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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