Law Firms Weather Operating Capital Needs With Cash Advances
Cash Advance Benefits to Law FirmsWith our business cash advance serving as your law firm's financing vehicle, your legal practice can meet its financial obligations in a timely manner with several benefits:
- Your legal team can focus on the law business and not get sidetracked on finances;
- No partners are called upon to provide personal guarantees for the financing; and
- No company or personal property is necessary to serve as collateral.
US Business Finance Corp also has the experience and ability to find your law firm the best merchant credit card processing service for you needs. Our cash advance program provides law firm financing by taking a pledge of a percent of future MasterCard and Visa sales. This means there is no fixed monthly payment that must be met and the cash advance is usually paid off in 6 to 9 months - sooner if business improves.
Besides helping with cash flow, our business cash advances can help with securing necessary business equipment without getting a lease or loan. You own the business equipment free and clear, even if it is paid for with our business cash advance. No liability incurred obtaining the equipment - your balance sheet only improves with the appearance of a new asset.