PII premium finance
Spread your professional indemnity premium over monthly instalments instead of paying the whole renewal up front.
Legal sector finance
Law firm funding and legal practice finance
Law firms carry costs long before the fees land. We arrange practical funding for sole practitioners, partnerships and LLPs across England, Wales and Scotland — covering professional indemnity premiums, tax and VAT bills, and the working capital gap created by WIP and lock-up.
Facilities from £5,000 to £250,000+ over 3 to 72 months. No upfront fees — we are paid by the lender.
FCA Regulated · FRN 1000382
Trusted by UK professional practices
Specialist lender panel
Independent brokerage
Funding your practising certificate costs?
Spread a law firm's certificate bill from £1,000 to £500,000+ over 3 to 12 months. For smaller bills, we arrange options with no lender admin fee.
Explore practising certificate funding →What we fund
How we fund legal practices
Practical, everyday funding — not complicated structures. If it keeps the practice running or helps it grow, there is usually a lender for it.
VAT, corporation tax and HMRC bills
Fund quarterly VAT, corporation tax and partners' personal self-assessment bills without draining the client-side reserves.
Working capital for WIP and lock-up
Bridge the gap between work done and cash received, particularly on longer-running matters and litigation.
Case management and IT software
Fund practice and case management systems, cloud migrations, licences and cyber compliance work.
Funding to hire fee earners
Cover the cost of a new solicitor, paralegal or support hire during the months before they become fee-positive.
Revolving lines of credit
A standby facility you draw on only in the months the cashflow calls for it.
Why Practice Capital
Where the high street stops, we start
High-street banks are slow with law firms and often do not understand how legal billing works. We deal with lenders who read a firm's accounts properly — who understand lock-up, disbursements and partner drawings — and who can turn a decision around in days rather than months.
- Specialist lender panel
- A quick, personal response from your specialist broker
- We work in the second string, behind the banks — not just A+ credit
- FCA regulated credit broker, FRN 1000382
- No upfront fees — the lender pays our commission
Typical scenarios
What legal clients come to us for
Illustrative examples of the kinds of requirements we handle.
PII renewal against a deadline
A regional firm needed its indemnity premium spread with only days before renewal. Facility arranged and premium paid on time.
VAT bill after a slow quarter
A litigation-heavy practice with unusually high lock-up funded its VAT bill over twelve months rather than dipping into reserves.
Hiring ahead of the revenue
A growing conveyancing team funded two new hires and the associated software seats in a single facility.
FAQs
Legal finance questions, answered
- Can a law firm get finance for its PII premium?
- Yes. Professional indemnity premium finance is one of the most common facilities we arrange for law firms. The premium is paid in full to your broker or insurer and you repay in monthly instalments, typically over ten to twelve months.
- Can we get funding if the firm is an LLP or partnership?
- Yes. We arrange funding for sole practitioners, limited companies, partnerships and LLPs. Lenders will usually want to see recent accounts and management information, and partners may be asked for personal guarantees.
- How much can a law firm borrow?
- Facilities typically range from £5,000 to £250,000 and above, over terms of three to seventy-two months. The right figure depends on your fee income, lock-up profile and what the money is for.
- Will applying affect our credit file?
- Our initial enquiry does not affect your credit file. A lender may carry out a hard credit search if you choose to proceed with an application.
Completed funding
Recent legal deals
Examples of facilities we have arranged. Figures are indicative and no client is identified.
£5k–£95k/ 10–18 months
Six law firms spread their PII premiums
Six law firms spread PII premiums of £5,000–£95,000 over 10–18 months through Premium Credit, without personal guarantees in these cases.
Read this case study£25k–£100k/ 3–5 years
Two law firms fund growth: £25k to hire, £100k for cases
Two law firms secured growth funding through Braemar Finance: about £25k over 3 years to hire and expand, and £100k over 5 years to fund longer-running cases.
Read this case studyOther sectors we fund
Next step
Find out what your legal practice could raise
A short enquiry, an honest answer and a quick response from your specialist broker. No obligation and no upfront fees.