Kingfisher House, 21-23 Elmfield Road,
Bromley, Kent, BR1 1LT
VFS Legal Funding is the leading funding provider to the legal sector. With nearly a decade’s worth of experience lending to law firms, we pride ourselves on building long lasting and effective relationships – tailoring our products to the law firms’ specific needs whilst providing the financial resources to assist expanding the business in other departments.
A strong cash flow and financial stability gives the law firm the upper hand in bill negotiations, increasing the profitability on the case by removing the need to accept low settlement offers.
In the 9 years we have been active, VFS have provided in excess of £150m across 60 law firms releasing the monies locked up in the draft bills; disbursements; court fees and WIP.
Funds can be used for any purpose and our regulatory compliant documentation, low interest-only payments and repayment aligned to the individual case all ensure a smooth cash flow.
We are very proud to say once a firm uses our facility, they continue to do so going forwards as it gives them the freedom to achieve their goals.
To summarise, VFS enables the law firm to release the cash tied up in external disbursements incurred or release the WIP that is tied up in a case where there is an admission of liability.
Please feel free to give us a call to discuss approaches on how to improve your firm’s cashflow.
An introduction to disbursement and costs advance funding webinar
As part of Brain Injury Group’s online training webinar series VFS Legal Funding produced a webinar on disbursement and costs advance funding. You can see the webinar in full below.
(For the best user experience when watching this webinar we recommend watching full screen and with the Quality set to 1080p HD – the full screen button and the Quality control (the little cog icon) are both at the bottom of the webinar window when you start watching.)