Business Development Loans
A commercial loan can help you secure funds for new projects, land acquisitions, property finance, or day-to-day expenses.
Finance for Solicitors & Legal
Overview
When you’re working at pace and balancing the demands of clients you need financial support you can trust – and access fast. We’ll help you get the funds you need to stay in control, stay competitive, and stay a step ahead.
Strong foundations
Our legal finance service helps SMEs and mid-corporates in the legal sector maintain their cash flow, plan for the future, and sustainably grow. Hear from some of the businesses we’ve helped.
FAQs
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What is a professional indemnity insurance loan?
A professional indemnity insurance loan is a type of business finance designed to help firms cover the cost of their professional indemnity insurance (PII) premiums. These loans enable businesses to spread the insurance cost over manageable repayments rather than paying a large upfront premium. This is especially useful for businesses that want to protect themselves against claims of negligence or professional mistakes but prefer to maintain a steady cash flow.
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Why do UK businesses need professional indemnity insurance loans?
UK businesses often choose professional indemnity insurance loans to avoid the financial burden of paying large premiums upfront. This allows them to preserve working capital, manage cash flow efficiently, and maintain operational flexibility. Loans for PII are especially valuable for firms in legal, accountancy, consultancy, and tech sectors where professional liability insurance is a regulatory or contractual requirement.
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What are the benefits of using a loan to pay for professional indemnity insurance?
Using a loan to pay for professional indemnity insurance offers several benefits:
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Improved cash flow: Spread the cost over time rather than a lump sum payment.
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Access to higher coverage: Allows businesses to afford comprehensive insurance protection.
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Preserves capital: Keeps funds available for business operations or growth.
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Flexible repayment terms: Tailored to fit your business’s financial situation.
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Can AI risks affect my professional indemnity insurance loan?
Yes, AI risks are increasingly influencing professional indemnity insurance and related loans. With more businesses integrating AI tools, insurers and lenders are scrutinising how AI usage might introduce new liabilities or claims risks. For example, errors caused by AI algorithms could lead to claims outside standard insurance coverage. It’s important that your PII policy and loan provider consider AI risks when structuring cover and finance options.
How we can help
DebtorsLoans
Is recovering outstanding debtor receipts putting strain on your business? A loan could help you stabilise your cash flow.
RecruitmentLoans
Expansion takes investment, we can help you cover recruitment finance costs through our growth lending.
AcquisitionLoans
Ready to seize an opportunity? We can help you spread the cost to fund it.
Partner buy in/out
Change doesn’t need to disrupt the day to day, a loan could help you to stabilise your cash flow and stay in control during exit plans.
IT and Subscriptions
Innovation can be expensive, if you’re investing in your business infrastructure spreading the cost can help. Tailor your financing terms and repayments to fit your needs.
Working Capital Loans
A Commercial Loan gives you access to reliable working capital. As a loan financing company we can help you stay agile and stable amidst shifting customer demands and market conditions.
Corporation Tax and VAT
Effectively manage your tax and VAT with a short term loan and fixed repayments.
Professional Indemnity Insurance
Professional indemnity can be a big outlay for legal firms. We can fund most insurance premiums over a range of repayment terms.
Here to help if you need us
Contact our UK-based team if you have any questions
