Helpful Downloads
Client Professional Fee Funding Leaflet (185 KB)
Repayment Calculator (25 KB)
Engage clients with a positive cash flow solution.
Provide extended credit with Professional Fee Funding.
Just ASK.
Professional Fee Funding is a tailored financial solution that enables a law firm to provide business clients with extended credit, similar to insurance premium funding and leasing.
Fee Funding works on the following basic premise:
1. Law firm offers client credit terms
2. Client signs a credit agreement with ASK
3. ASK pays legal fees direct to law firm
4. Client repays ASK on a structured plan by direct debit (usually over 12 months)
The ASK facility size tailored to the law firm’s balance sheet. It is suitable for all business clients and is based on a minimum client credit facility $10,000.
Professional Fee Funding is a smart approach to improving cash flow for both law firm and client, maintaining business activity and offering client value.
Key Law Firm Benefits
- Unlocks capital tied up in debtors
- Law firm can invoice for work as it gets done
- Simplifies fee payment process
- A positive and constructive reason to openly discuss fees
- Helps client retention and commitment
- Simple admin and no cost to law firm
Key Client Benefits
- An alternative line of credit with no additional security required
- Get the best possible legal advice when needed
- Improved cash flow position
- Best practice balance sheet management
- Tax deductible
Help relieve the pressures of tightening bank credit. With Professional Fee Funding you can unlock working capital and improve cash flow.



© Copyright 2009 Ask Funding Ltd.