VFS Legal
Funding Products

VFS Legal offers a range of innovative funding solutions to the legal sector, whether through releasing the profit costs tied up in cases from your bill of costs, or by funding the cash tied up in external disbursements incurred in bringing cases to their natural conclusion. All of our products follow a simple funding process, with low interest rates and document fees, and repayment terms aligned to the natural conclusion of the case. This gives our clients the financial muscle to maximise their costs and the flexibility to grow their business as they choose.

DCF

Disbursement
Costs
Funding

VFS recognises the problem law firms have in being able to fund the external disbursements incurred on behalf of their client in bringing a case to its natural conclusion. The VFS Disbursement Costs Funding (DCF) Facility can fund disbursements on an individual case basis and release the cash you have tied up in disbursements. Most types of case can be considered, provided an ATE policy is in place which covers the disbursements.

  • Power: Releases cash flow
  • Amount: Up to 100% of disbursements released
  • Flexibility: Only draw down on cases you choose to
  • Simple: Revolving loan with simple drawdown and repayment process
  • Speed: Most deals processed & funds transferred to law firm the same day
  • Control: Monthly statements provided.
  • Cost: Low monthly interest. No hidden costs
  • Repayment: Capital repaid on conclusion
  • Partners: VFS has an excellent working relationship with a wide panel of ATE providers
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CAF

Costs
Advance
Funding

The ongoing challenges faced by law firms make it difficult to focus on managing cash flow whilst growing the business. The unpredictable timing of payment collection on a successful case is a critical challenge to forward planning. The VFS Costs Advance Funding (CAF) Facility releases the cash you have tied up in a successful case as soon as the bill has been served.

  • Power: Releases cash flow giving you choice of how to grow your business
  • Flexibility: Only draw down on cases you choose to
  • Simple: Revolving loan with simple drawdown and repayment process
  • Speed: Most deals processed & funds transferred to law firm the same day
  • Control: Monthly statements provided.
  • Cost: Low monthly interest. No hidden costs
  • Repayment: Capital repaid on conclusion
  • Increased Profits: Strengthens negotiating position to achieve the right settlement
  • Partners: Advance can be flexed to incorporate agreed payments to your partners, i.e. cost draftsmen
More Info