We have long established direct customer relationships within the legal sector. As a result of consistent high levels of service and with nationwide representation, Premier Leasing & Finance is ideally placed to assist your business wherever you may be.
We provide loans for law firms to refit, refurbish and improve their premises. We can also provide loan products to solicitors for starting a new practice, entering into partnership or buying an existing firm. The loans are at a fixed rate and over a fixed period which means that the repayment remains fixed for budgeting purposes.
We can arrange for commercial mortgages and banking facilities and in some cases, we can offer 6 months free business banking through our panel of bank funders.
In order to keep capital outlay to a minimum, we provide both asset finance and leasing facilities to finance new and used equipment.
We provide a range of car finance products including hire purchase, personal contract purchase, contract hire and leasing, incorporating balloon payments, which will enable professionals to spread the cost of their vehicle funding over a longer period. We can pay the car dealer direct and also provide car loans for classic cars.
We provide asset finance/leasing for computer hardware, software, training and services. The asset is written down against a company's profits, hence reducing it's tax bill.
We provide a range of options to help source and finance security equipment, which is very important to all practices.
VFS Legal is a fresh thinking funder with an innovative approach to working with the legal sector. Our products are unique, regulatory compliant, and designed to help a law firm improve their cash flow. We do not seek to provide a replacement for regular banking facilities but rather a complementary solution that delivers the cash flow funding that is required to develop a Practice.
We can fund disbursements or release the cash tied up in cases where there is an admission of liability or judgement - including multi-defendant cases. A low interest rate, payable monthly, with the capital only being repaid once the bill has actually settled, is an extremely cost effective method of releasing cash.
This can enable the law firm to maintain excellent supplier relationships or give the financial muscle to negotiate the correct settlement level without the need to reach a quick, inappropriate agreement which undervalues the law firm’s costs.
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