Attorney Funding
There are over 443,000 law firms in the country, over 60% of which are solo or small firms. Raise the bar and stand out from your competition with up to $500,000 in funding to grow your law practice in as fast as 24 hours.
Alternative Attorney Funding You Can Trust:
With strong cash flow, high profitability, and lower overhead costs, law firms are often eligible for funding from traditional lenders such as banks or the SBA. However, the application process can take months, and approval is never guaranteed. During this waiting period, valuable opportunities to expand and grow your practice may be lost.
As an alternative lender, NextGen Capital offers a faster and more flexible solution. We can approve more attorney funding than traditional lenders and provide funding in as little as 24 hours. Our funding options range from $3,000 to $500,000, with no restrictions on how the funds are used. We support all legal specialties and firm sizes, from solo practitioners to large law firms.
Let NextGen Capital help you access the capital you need to grow your practice without the delays of traditional financing.
Accounting Firm Funding Solutions
will help you achieve your goals without compromising your business’s cash flow.
Merchant Cash Advance
You get working capital when you need it. We’ll receive a percentage of your daily or weekly credit card sales until the advance is repaid.
Invoice Factoring
Sell us your pending invoices in exchange for the net amount in cash. You’ll receive the balance of the invoices’ value when we receive payment (minus our fee).
Collateral Loan
A secured loan that uses commercial real estate to reduce risk. Because the loan is secured, you may be approved for larger loan amounts with lower rates and fees.
Business Line of Credit
Borrow as much or as little as you need without the obligation of a fixed term loan. Draw and repay as you go, and only ever pay interest on the amount you've borrowed.
How to Use Alternative Attorney Funding:
There are no restrictions on how you can use NextGen Capital’s alternative attorney funding. This funding is best suited for growth initiatives that can increase your firm’s revenue, such as:
- Purchasing new office equipment, such as scanners, computers, or advanced technology to improve efficiency
- Renovating or remodeling your office to create a more comfortable experience for clients
- Hiring experts or additional support staff to assist with cases or expand your legal specialties
- Growing your practice by expanding to new locations or acquiring another firm
- Enhancing cybersecurity measures to protect sensitive client data
- Investing in continuing education and professional training
- Boosting marketing and advertising efforts to attract more clients
Will You Qualify for Attorney Funding?
Exact qualification requirements depend on the type of attorney funding you are seeking. Approval for attorney funding from NextGen Capital isn’t based solely on your credit score or financial history. We focus on the overall health of your practice, including:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
How Law Firm Funding Works:
Attorney Funding Q&A:
Yes! An alternative loan is an excellent choice for growing your law firm. Speak with one of our experienced Funding Advisors at NextGen Capital to explore the best options for your needs.
Our application process is simple, with same-day funding available. To get started, complete our one-page application form or connect with a Funding Advisor.
You can secure funding from traditional lenders like banks or the SBA, as well as from alternative lenders like NextGen Capital. Alternative lenders offer more flexible approval requirements, evaluating the overall financial health and potential of your practice. Contact a Funding Advisor today to learn more.
Traditional lenders often take weeks or even months to process and approve loan applications, with many applicants facing rejection. As an alternative lender, NextGen Capital offers a different approach—approving funding for firms in “high-risk” industries. We provide the funds you need for operating costs, case expenses, materials, and more—often in less than 24 hours.
