Can we refinance or consolidate our existing business loans?
UK SMEs can often refinance or consolidate business loans to lower payments, simplify repayments, or switch terms—compare costs, fees and timelines.
Christian Strutt
Will partners or members be asked for personal guarantees?
Explains when partners, LLP members and directors may be asked for personal guarantees, how they work, when they can be limited, and steps to prepare.
Are there unsecured working capital options for law firms, or is security required?
UK law firms can access unsecured working capital (term loans, RCF, VAT/PII finance). Personal guarantees are common; debentures at higher limits.
Can we finance VAT or Corporation Tax bills for the firm?
Finance VAT or Corporation Tax: Best Business Loans matches established UK firms to lenders for VAT loans, cashflow, invoice finance or Time to Pay.
Can we spread our Professional Indemnity Insurance (PII) premium cost over monthly payments?
Most UK businesses can spread PII premiums into monthly payments via insurer instalments or premium finance, interest, fees and checks apply.
Do you support limited companies, LLPs, partnerships and ABS law firms?
Best Business Loans matches established UK limited companies, LLPs, partnerships and ABS law firms with suitable lenders and specialist brokers.
What loan amounts and repayment terms are typical for established solicitor practices?
Typical UK solicitor practice finance: £50k–£2m+ with terms from 3 months to 7 years—short-term VAT/PII loans to revolving WIP and secured term loans.
How long does it take from approval to receiving funds?
After approval UK SMEs can get funds same day to several weeks—24–72 hrs for unsecured loans; 3–15 working days for secured facilities.
What information do you need to provide a Quick Quote for a law firm?
Quick Quote for UK law firms: give firm ID, funding amount/purpose, headline figures, lock-up (WIP/debtors), PII/SRA info and core docs.
Will completing a Quick Quote or eligibility check affect our credit score?
Quick Quote and eligibility checks use soft pre-qualification and won't affect your credit score; hard searches only occur with your explicit consent.
How quickly can our firm get an indicative Decision in Principle (DIP)?
Many firms receive an indicative Decision in Principle the same business day (2–24 hours for simple cases). Complex cases typically take 24–72 hours.
What business finance options are available specifically for UK solicitors and law firms?
Specialist finance for UK solicitors and law firms: working capital, VAT/tax loans, PI premium finance, WIP/disbursement, litigation finance.